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$410,000

115 Mesquite Street Unit B, South Padre Island, TX, 78597

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,090 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$376.15 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,500 sqft

Building Information

Year Built1986
Stories2
Roof Type114
Garage Spaces1

Land Information

APN67-6400-0920-0080-04
Lot Number6,8,LOT
SubdivisionPadre Beach Subdivision
Land UseResidential
Legal DescriptionSO PADRE IS - PADRE BEACH SECTION VII BLK 92 LOT 6 REPLAT OF LOTS 7-8-9 (AKA LOT 8-D)
Census Tract012305
Assessed Land Value$90,000
Assessed Improvement Value$200,290
Assessment Year2025

Investor Tools

$0Estimated Mortgage Balance
$395,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

Interested in this property?

Liz Givens

Sapphire Prime Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,937
$290,290
2025
$90,000
$200,290
$290,290
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,937
$290,290

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$395,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,680/mo
N/A
+$1,680/mo
5.1%

City: South Padre Island