$2,900,000

106 W Corral St South Padre Island, TX 78597

Estimated payment $15,872/month

Total Views 1,371
-- Bed
17 Baths
4,800 Sq Ft
$604 Price per Sq Ft

Highlights

  • Outdoor Pool
  • Tile Flooring
  • Ceiling Fan
  • 0.33 Acre Lot
  • 1-Story Property
  • 3-minute walk to South Padre Island Migratory Bird Sanctuary

About This Home

Presenting an exceptional investment opportunity: a 17-unit studio apartment property located just steps away from the vibrant entertainment district of South Padre Island. This property offers flexibility for both short-term and long-term rental options, catering to a variety of guests year-round. Each unit is turn-key and fully furnished, featuring appliances, Wi-Fi, and modern amenities to ensure a comfortable stay. The complex is equipped with security cameras for peace of mind, along with a private pool and a dedicated laundry building for added convenience. With its prime location and amenities, this property promises excellent income potential in a highly desirable area. Don't miss this exceptional chance to invest in a high-demand rental area with outstanding potential for growth.

Listing Agent

Jaime Lee Gonzalez

Keller Williams Realty RGV Brokerage Phone: 9569281155 License #0713189 Listed on: 09/19/2025

Keller Williams Realty RGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,044

Year Built

  • Built in 2024

Interior Spaces

  • 17 Full Bathrooms
  • 4,800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Microwave

Additional Features

  • Outdoor Pool
  • 0.33 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 8A / 9
  • Assessor Parcel Number 6764000090008010

Community Details

Overview

  • 17 Units
  • Padre Beach Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,044

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2024
  • Stories: 1
  • Attribution Contact: 9569281155
  • Property Sub-Type: Multi Family
  • ResoLotFeatures: Other, Less than 1 Acre
  • Lot Size Acres: 0.33
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 956-928-1155
  • MLS Status: Active
  • Subdivision Name: Padre Beach Subdivision
  • ResoBuildingAreaSource: CCAD
  • Carport Y N: No
  • Unit Levels: One
  • Living Area: 4800
  • Reso Structure Type: Other-See Remarks
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Tile
  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 17

Exterior Features

  • Exterior Features: None
  • Horse: No
  • Pool Features: Outdoor Pool
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: None-Carport

Utilities

  • Heating: Other Cooling/Heating
  • Cooling: Other Cooling/Heating

Condo/Co-op/Association

  • Pets Allowed: Pet Policy: No Pets Allowed

Schools

  • Junior High Dist: Point Isabel ISD

Lot Info

  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 6764000090008010

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7044
  • Tax Block: 9
  • Tax Lot: 8A

Multi Family

  • Number Of Units Total: 17

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,312 $447,804 $447,804 --
2024 -- $447,804 $447,804 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2025 10/18/25 Pending -- -- --
09/19/2025 09/19/25 For Sale $2,900,000 -- $604 / Sq Ft
Source: South Padre Island Board of REALTORS®

Source: South Padre Island Board of REALTORS®

MLS Number: 104302

South Padre Island Board of REALTORS®

APN: 676400-0090-008010