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$214,999

15209 S Padre Island Dr Unit 403, Corpus Christi, TX, 78418

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths728 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$295.33 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Free Standing Range, Microwave
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size2,526 sqft

Building Information

Year Built2008

Land Information

APN6284-0000-0403
SubdivisionPalm Bay Village
Land UseResidential
Legal DescriptionPALM BAY VILLAGE, UNIT 403, 1.639% COMMON AREA INTEREST
Census Tract006203
Assessed Land Value$19,058
Assessed Improvement Value$222,311
Assessment Year2025

About this property

Experience the coastal lifestyle in this beautifully updated, fully furnished townhome located in Palm Bay Village on North Padre Island! Just minutes from the beach with convenient golf cart access, this charming single-story retreat offers the perfect combination of comfort, style, and location. Inside, you’ll find an inviting open-concept living space featuring luxury vinyl plank flooring, fresh interior paint, and tasteful coastal décor throughout. The updated kitchen showcases quartz countertops, a stylish herringbone backsplash, farmhouse sink, modern fixtures, and updated appliances. The spacious bedroom provides a relaxing escape, while the renovated bathroom features a custom tiled walk-in shower with glass doors and updated finishes. Additional improvements include a newer A/C system, water heater, and refrigerator. Sold completely furnished, including appliances, this move-in-ready property is ideal for a personal getaway, full-time residence, or potential investment opportunity. Enjoy Palm Bay Village amenities, including a resort-style swimming pool, children’s splash pool, BBQ areas, and clubhouse. Assigned parking near the entrance adds everyday convenience. With popular island restaurants, shopping, entertainment, and the beautiful Gulf beaches just a short drive away, this property offers an incredible opportunity to enjoy everything North Padre Island has to offer!

Investor Tools

$135,076Estimated Mortgage Balance
$106,293Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,448 /month
Positive
Cash Flow Estimate:
$483 /month

Interested in this property?

Gino Montalvo

Mirabal Montalvo & Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
$634/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,385
$241,369
2025
$19,058
$222,311
$241,369
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,385
$241,369

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$149,925
No
First
Aug 16, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,076
$106,293
44%
56%
$899/mo

City: Corpus Christi