$287,500
200 Padre Blvd # 302, South Padre Island, TX, 78597
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size1,355 sqft
Building Information
Year Built1977
Stories1
Roof Type114
Land Information
APN67-3000-0010-3020-00
SubdivisionGulfpoint I Condominiums
Land UseResidential
Legal DescriptionGULFPOINT I CONDOMINIUMS UNIT 302 BLDG
Census Tract012305
Assessed Land Value$48,713
Assessed Improvement Value$196,287
Assessment Year2025
Investor Tools
$0Estimated Mortgage Balance
$254,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,725 /month
Positive
Cash Flow Estimate:
$575 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,166
$245,000
2025
$48,713
$196,287
$245,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,166
$245,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$254,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,020/mo
N/A
+$1,020/mo
4.8%
