$348,059
NAL Estimated Property Value109 W Tarpon St # 104, South Padre Island, TX, 78597
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Water Heater
FlooringTile
Exterior
Exterior FeaturesBalcony
About this property
Nice 2nd-floor, 2 Bedroom/2 Bath Condo located in the heart of the South Padre Island Entertainment District. Open Kitchen, Dining and Living Area with lots of glass windows for natural light, plantation blinds, storm shutters Kitchen appliances; tile flooring throughout. Has a large balcony ideal to watch SpaceX Starship launches. Complex amenities include: atrium; elevator; ground floor laundry room; pool; and one assigned covered parking space. Being sold unfurnished. Easy to show.
Investor Tools
$348,059
Estimated Property Value
$0Estimated Mortgage Balance
$255,527Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%
