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$666,035

813 Tarpon Ave, PORT ISABEL, TX, 78578

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,978 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$328.11 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,502 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces1

Land Information

APN47-5500-0020-0420-00
Lot Number42
SubdivisionModern Venice Subdivision (Vol 14 Pg 44
Land UseResidential
Legal DescriptionMODERN VENICE SUBDIVISION LOT 42 BLK 2B
Census Tract012304
Assessed Land Value$115,010
Assessed Improvement Value$551,025
Assessment Year2025

About this property

This stunning 3 bedroom 3 bath channel-front home in Port Isabel is the epitome of tropical oasis living. The home offers three boat slips, one covered with a boat lift for plenty of fishing and recreational activities. The upstairs unit features travertine tile throughout, an open concept living area with plenty of natural lighting and an inviting kitchen island, complete with plenty of cabinet space and stainless-steel appliances. It also offers a convenient elevator for easy access for all family and friends! Downstairs, you'll find a separate area complete with its own kitchenette, and a full bath. Minutes away from South Padre Island and its pristine beaches, this home is an ideal investment, or place to call home. Roof recently replaced within the past 6 months.

Investor Tools

Property Icon
$666,035
Estimated Property Value
$357,000Estimated Mortgage Balance
$328,674Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,996 /month
Positive
Cash Flow Estimate:
$1,332 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,845
$666,035
2025
$115,010
$551,025
$666,035
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,845
$666,035

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexera Holding Llc
Conventional
$357,000
No
First
Apr 28, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,361
$328,674
49%
51%
$2,141/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,156/mo
$2,141/mo
$-985/mo
2.1%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: PORT ISABEL

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813 Tarpon Ave | Property Details | No Agent List