$1,100,000
SOLD MAY 6, 2024
Last list price

107 E Palm St Unit B South Padre Island, TX 78597

5 Beds
3 Baths
2,207 Sq Ft
$100/mo HOA Fee

Recently Sold

$498 Per Sq Ft

210 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Mature Trees
  • High Ceiling
  • In Ground Pool
  • Wood Flooring
  • 5-minute walk to South Padre Island Migratory Bird Sanctuary

About This Home

As of May 2024

Discover your own perfect piece of paradise with this exceptional Gulf-side property! Nestled on the beautiful South Padre Island, this luxurious home offers the ultimate coastal living experience.Key Features:*Beach Access: Steps away from Beach Access #2 and 3!*Panoramic Views: Enjoy breathtaking sunrises over the Gulf and sunsets over the Bay from your private balcony.*Spacious Layout: 5 bedrooms, 3 full bathrooms, and ample living space for family and guests.*Gourmet Kitchen: Modern appliances, stone countertops, and a breakfast bar. 2023 remodel!*Outdoor Oasis: Relax in your private pool and spa, surrounded by lush landscaping.*Fire SprinklerWhether you're looking for a permanent residence, a vacation home, or an investment rental property, SPI offers a vibrant coastal community with endless recreational activities, restaurants, and entertainment options. Condo is walking distance to CVS, the Island's entertainment district, and is very close to the Causeway.

Last Agent to Sell the Property

Johnny Cisneros

Cadence Commercial Real Estate Listed on: 10/08/2023

Last Buyer's Agent

Erasmo Arjona

Re/Max Elite

Re/Max Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,735

Year Built

  • Built in 2007

Lot Details

  • Property fronts gulf or ocean
  • Masonry wall
  • Privacy Fence
  • Landscaped
  • Mature Trees

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Clay Roof
  • Masonry
  • Stucco

Interior Spaces

  • 2,207 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Entrance Foyer

Kitchen

  • Gas Range
  • Ice Maker
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Intercom
  • Closed Circuit Camera

Eco-Friendly Details

  • Energy-Efficient Thermostat

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Schools

  • Garriga Elementary School
  • Port Isabel Junior High
  • Port Isabel High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6764810020000000

Community Details

Overview

  • The Boulders Association
  • Padre Island Subdivision

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,735

Year Built

Built in 2007

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Directions: From Padre Blvd and Palm Street, East on Palm Street. Unit B, 107 E. Palm Street will be on right hand side (South side of Palm Street).
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.0717
  • Road Surface Type: Paved
  • Subdivision Name: Padre Island
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 2
  • GMAR_Escrow: 10000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Clay Tile
  • Appliances: Electric Water Heater, Ice Maker, Refrigerator, Stove/Range-Gas
  • Other Equipment: Audio/Video Wiring, Intercom
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Living Area: 2207
  • Window Features: Plantation Shutters, Hurricane Shutters
  • Master Bedroom Features: Shower Only, Walk-In Closet(s)

Exterior Features

  • Exterior Features: Balcony, BBQ Pit/Grill, Mature Trees, Other
  • Interior Amenities: Entrance Foyer, Countertops (Stone), Built-in Features, Ceiling Fan(s), Crown/Cove Molding, Decorative/High Ceilings, Dryer, Walk-In Closet(s), Washer
  • Fencing: Landscaped, Masonry, Privacy
  • Lot Features: Professional Landscaping, Sidewalks
  • Pool Features: In Ground, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: Gulfside
  • Home Warranty: No
  • Construction Type: Solid Masonry, Stucco
  • Foundation Details: Pilings, Slab
  • Patio And Porch Features: Covered Patio, Patio
  • Pool YN: Yes
  • Golf Cart: No

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet
  • Security: Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Curbs
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association Name: The Boulders
  • Association: Yes

Schools

  • Elementary School: Garriga
  • High School: Port Isabel H.S.
  • Junior High Dist: Port Isabel ISD
  • Middle Or Junior School: Port Isabel Junior High

Lot Info

  • Lot Size Sq Ft: 3124.9944
  • Parcel #: 6764810020000000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8735

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
Garza Mario Alberto
Bought by
Garza Mario Alberto and Sordo Eblin Ivette

Purchase Details

Listed on
Oct 8, 2023
Closed on
May 1, 2024
Sold by
Canales Terry and Canales Erica Edith
Bought by
Garza Mario Alberto
Seller's Agent
Johnny Cisneros
Cadence Commercial Real Estate
Buyer's Agent
Erasmo Arjona
Re/Max Elite
List Price
$1,100,000
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.18%
Original Mortgage
$1,000,000
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 7, 2015
Sold by
Rios Investment Ltd
Bought by
Canales Terry and Canales Erica Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2010
Sold by
Hirn Ronald A and Hirn Dawn R
Bought by
Rios Investments Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed -- San Jacinto Title
Vendors Lien -- Sierra Title
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Construction
Previous Owner $330,000 Purchase Money Mortgage
Previous Owner $265,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $900,000 -18.2% $408 / Sq Ft
05/06/2024 05/06/24 Sold -- -- --
01/12/2024 01/12/24 Off Market -- -- --
10/08/2023 10/08/23 For Sale $1,100,000 -- $498 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

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 $8,196 $547,226 $112,500 $434,726
2024 $8,196 $501,941 $112,500 $389,441
2023 $7,903 $460,997 $112,500 $348,497
2022 $6,727 $354,998 $87,500 $267,498
2021 $6,758 $336,049 $65,625 $270,424
2020 $6,864 $338,976 $65,625 $273,351
2019 $6,995 $338,777 $62,500 $276,277
2018 $7,051 $341,704 $62,500 $279,204
2017 $7,056 $344,626 $62,500 $282,126
2016 $7,116 $347,557 $62,500 $285,057
2015 $7,055 $350,486 $62,500 $287,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 415343

Greater McAllen Association of REALTORS®

APN: 676481-0020-000000