$650,000
3608 Gulf Boulevard Unit 101, South Padre Island, TX, 78597
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size2,622 sqft
Building Information
Year Built1979
Stories1
Roof Type114
Land Information
APN67-7640-1040-0010-00
Lot Number3-4,S
SubdivisionSea Mist Condominiums
Land UseReal Property Single Family
Legal DescriptionSO PADRE IS- SEA MIST P BEACH SEC VII APT A-104 BLDG A LOTS 3-4 RE50X377.44 LT 5 BLK 91, 7.250% INT IN COM AREA
Census Tract012305
Assessed Land Value$174,289
Assessed Improvement Value$196,223
Assessment Year2025
Investor Tools
$0Estimated Mortgage Balance
$480,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,301
$370,512
2025
$174,289
$196,223
$370,512
No
Tax History
Year
Tax Paid
Assessed Value
2025
$6,301
$370,512
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$480,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
N/A
+$1,490/mo
3.7%
