Last 24 Hours
$4,500,000
901 Padre Blvd, SOUTH PADRE ISLAND, TX, 78597
Pending
— Beds
— Bath
30,258 Sq Ft
$148.72 / sqft
Built in 2000Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms —
Bathrooms —
Garage AvailableFlooringTile, Vinyl
Exterior
Lot Size42,427 sqft
Building Information
Year Built2000
Stories4
Garage Spaces3
Land Information
APN67-6410-0030-0050-00
SubdivisionPadre Beach Acres Subdivision
Land UseCommercial
Legal DescriptionSO PADRE IS - PADRE BEACH ACRES PT TR 3, 0.9740 ACRES
Census Tract012305
Assessed Land Value$902,476
Assessed Improvement Value$847,701
Assessment Year2025
About this property
Excellent opportunity to acquire a bay front 50 room hotel in a high traffic area of South Padre Island, TX. The hotel is a short distance to the beach, and is also in walking distance to quite a few retailers. The coastline is a 34 mile long beach and has several extensive nature tourism market drivers, world-class wind and water recreational activities, an entertainment district, and local restaurants. South Padre Island, TX, is located in the southern part of the state and is a popular drive-to-beach destination for travelers.
Investor Tools
$0Estimated Mortgage Balance
$911,584Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$27,000 /month
Positive
Cash Flow Estimate:
$9,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,860/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,763
$1,750,177
2025
$902,476
$847,701
$1,750,177
No
Tax History
Year
Tax Paid
Assessed Value
2025
$29,763
$1,750,177
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,750,177
100%
0%
$0/mo
12.4%