NOT LISTED FOR SALE

116 E Lantana St Unit B South Padre Island, TX 78597

Estimated Value: $302,977 - $550,000

2 Beds
2 Baths
1,021 Sq Ft
$508/mo HOA Fee

Last Sold July 01, 2024

Current estimated payment $2,986/month

106 Days on Market

Highlights

  • In Ground Pool
  • Plantation Shutters
  • Tile Flooring
  • Balcony
  • Walk-In Closet
  • 3-minute walk to Water Tower Park

About This Home

As of July 2024

Looking for that beach property you've always thought about? Or your next short-term rental investment? Here it is! This beautiful, cozy, and unique condo on a prime location is located steps away from the beach offering Comfort, Relaxation and Style. Well maintained 2 bedroom 2 bathroom unit. Features stainless steel kitchen appliances, Washer/Dryer unit, tile flooring, high ceilings, Granite countertops, Plantation shutters. Sleeps 6. Perfect for the individual who is looking for a second home close to the beach or great to add to your rental portfolio. The primary bedroom offers a walk-in closet. The property is furnished, ensuring that you can move in and start enjoying your new Beach home right away. Assigned 2 vehicles parking. There are currently short-term rentals coming. Unit is in 4 unit complex with a shared pool. Call me for details and info.

Last Agent to Sell the Property

Luis Melendez

LEGACY REALTY GROUP RGV Brokerage Phone: 9564962034 License #TREC # 0754880 Listed on: 02/02/2024

LEGACY REALTY GROUP RGV

Last Buyer's Agent

Karla Schurin

KRL Real Estate License #TREC # 0548757

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,447

Year Built

  • Built in 2005

HOA Fees

  • $508 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,021 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Plantation Shutters
  • Tile Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Location

  • Gulfside

Schools

  • Port Isabel Elementary And Middle School
  • Port Isabel High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Utilities District Sewer

Community Details

Overview

  • Padre Beach Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,447

Year Built

Built in 2005

Lot Details

0

HOA Fees

$508 per month

Listing Details

  • Cooling System: Central Air, Electric
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Roof: Tile
  • Year Built: 2005
  • Property Sub-Type: Condominium
  • PropertyType: Residential
  • ResoCommunityFeatures: Homeowners Association
  • Reso Fencing: None
  • ResoLaundryFeatures: Area
  • ResoLotFeatures: Gulfside
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 956-496-2034
  • MLS Status: Sold
  • Subdivision Name: Padre Beach
  • Reso Accessibility Features: No Handicap Access
  • Carport Y N: No
  • Unit Levels: One
  • Efficiency: None
  • Reso Window Features: Plantation Shutters
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer, Electric Water Heater, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Master Bedroom Features: Walk-In Closet(s)
  • Room Living Room Area: 1
  • Room Dining Room Area: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: In Ground
  • Construction Type: Block, Stucco
  • Foundation Details: Pilings, Slab

Utilities

  • Sewer: MUD, Public Sewer
  • Utilities: Cable Connected
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1525
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Port Isabel
  • High School: Port Isabel
  • Junior High Dist: Point Isabel I.S.D.
  • Middle Or Junior School: Port Isabel

Lot Info

  • ResoLotSizeUnits: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Jul 1, 2024
Sold by
Ramos-Fisher Manuela G
Bought by
Gonzalez Rafael
Seller's Agent
Luis Melendez
LEGACY REALTY GROUP RGV
Buyer's Agent
Karla Schurin
KRL Real Estate
List Price
$378,000
Views
26
Current Estimated Value
$381,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Original Mortgage
$258,750
Outstanding Balance
$255,677
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$126,067

Purchase Details

Closed on
Oct 21, 2019
Sold by
Teegardin Gilbert A and Teegardin Vivian A
Bought by
Ramos Manuela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gonzalez Rafael -- Stewart Title Company
Ramos Manuela G -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Rafael $258,750
Previous Owner Ramos Manuela G $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold -- -- --
05/28/2024 05/28/24 Off Market -- -- --
05/18/2024 05/18/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $378,000 -- $370 / Sq Ft
Source: Rio Grande Valley Multiple Listing Service

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 $5,447 $334,130 $56,250 $277,880
2024 $5,447 $333,594 -- --
2023 $4,766 $277,995 $56,250 $221,745
2022 $3,542 $186,918 $43,750 $143,168
2021 $3,586 $178,292 $32,813 $145,479
2020 $3,610 $178,292 $32,813 $145,479
2019 $3,283 $159,003 $31,250 $127,753
2018 $3,179 $154,051 $31,250 $122,801
2017 $3,312 $161,758 $31,250 $130,508
2016 $3,245 $158,511 $31,250 $127,261
2015 $3,108 $154,442 $31,250 $123,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29750169

Rio Grande Valley Multiple Listing Service

APN: 676490-0000-002000