$425,000
5909 Padre Boulevard, South Padre Island, TX, 78597
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size1,790 sqft
Building Information
Year Built2006
Stories1
Roof Type114
Land Information
APN67-1606-0000-0204-00
SubdivisionLas Marinas Condominiums
Land UseResidential
Legal DescriptionUNT 204 LAS MARINAS CONDOMINIUMS (CONDO DEC VOL 13916 PG 1 FILED 6/6/07)
Census Tract012305
Assessed Land Value$58,431
Assessed Improvement Value$387,883
Assessment Year2025
Investor Tools
$0Estimated Mortgage Balance
$446,314Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,678 /month
Positive
Cash Flow Estimate:
$893 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$818/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,590
$446,314
2025
$58,431
$387,883
$446,314
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,590
$446,314
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$446,314
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
N/A
+$1,300/mo
3.5%
