$205,000
SOLD MAR 31, 2025
Last list price

123 E Retama St Unit 102 South Padre Island, TX 78597

1 Bed
1 Bath
680 Sq Ft
$262/mo HOA Fee

Recently Sold

$301 Per Sq Ft

130 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Tile Countertops
  • Tile Flooring
  • Furnished
  • Laundry closet
  • Outdoor Grill

About This Home

As of March 2025

Perfectly priced condo on floor level, plus its fully furnished! You'll enjoy brief walks to the beach, breakfast at Cafe on the Beach at Las Palmas Resort, or those late-night dinners at Whataburger. In the evenings, enjoy the breeze in the back patio where you can grill and be merry surrounded by lush greenery! The owner and HOA take pride in how well maintained the building is. Property has never been rented and has so much investment potential.

Last Agent to Sell the Property

Diana Martinez

Re/Max Platinum Listed on: 10/11/2024

Re/Max Platinum

Last Buyer's Agent

Ramiro Martinez

Endure Real Estate, Llc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,848

Year Built

  • Built in 1985

Lot Details

  • Property fronts gulf or ocean
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 680 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Outdoor Grill

Community Details

  • Spi Condo Padre Place I Association

Listing and Financial Details

  • Assessor Parcel Number 6769160000010200

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,848

Year Built

Built in 1985

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Directions: Head north on Padre Blvd. Turn right on Retama St - building will be on the right.
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.0239
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 2000
  • Non-Allowables: Yes
  • Non-Conveyances: Fully Furnished
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle, Flat, Other
  • Furnished: Furnished
  • Appliances: Electric Water Heater, Water Heater (Programmable thermostat), Water Heater (Other Location), Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 680
  • Window Features: Drapes, Mini Blinds
  • Master Bedroom Features: Shower Only

Exterior Features

  • Exterior Features: BBQ Pit/Grill
  • Interior Amenities: Countertops (Tile), Ceiling Fan(s), Dryer, Microwave, Washer
  • Fencing: Partial, Privacy, Wood
  • Waterfront Features: Gulfside
  • Home Warranty: No
  • Construction Type: Brick, Block, Stucco
  • Foundation Details: Slab
  • Pool YN: No
  • Golf Cart: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 785
  • Association Fee Frequency: Quarterly
  • Association Name: SPI Condo Padre Place I
  • Association: Yes

Schools

  • Elementary School: Port Isabel
  • 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: 1041.9552
  • Parcel #: 6769160000010200
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3848

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Mar 28, 2025
Sold by
Arismendi Angie
Bought by
Gracia Norma Patricia and Gracia Guadalupe
Seller's Agent
Diana Martinez
Re/Max Platinum
Buyer's Agent
Ramiro Martinez
Endure Real Estate, Llc
List Price
$215,000
Views
81
Current Estimated Value
$252,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.96%
Original Mortgage
$143,500
Outstanding Balance
$142,890
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$109,421

Purchase Details

Closed on
Mar 29, 2019
Sold by
Valdez Eduardo
Bought by
Arismendi Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2010
Sold by
Vanryn Paul F and Weller Wyneen L
Bought by
Valdez Eduardo

Purchase Details

Closed on
Feb 16, 2007
Sold by
Lohry Dave E
Bought by
Vanryn Paul F and Van Ryn Wyneen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed -- San Jacinto Title
Vendors Lien -- Sierra Title Co
Vendors Lien -- Sierra Title Co
Warranty Deed -- Dba Cameron County Company
Warranty Deed -- Southern Texas Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $143,500 New Conventional
Previous Owner $81,000 New Conventional
Previous Owner $74,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold -- -- --
02/19/2025 02/19/25 Pending -- -- --
12/18/2024 12/18/24 Price Changed $205,000 -4.7% $301 / Sq Ft
10/11/2024 10/11/24 For Sale $215,000 -- $316 / 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 $3,664 $217,630 $37,500 $180,130
2024 $3,664 $224,425 $37,500 $186,925
2023 $3,964 $231,221 $37,500 $193,721
2022 $2,968 $156,619 $29,167 $127,452
2021 $2,367 $117,692 $21,875 $95,817
2020 $2,080 $102,726 $21,875 $80,851
2019 $1,741 $84,337 $20,833 $63,504
2018 $1,598 $77,450 $20,833 $56,617
2017 $1,621 $79,166 $20,833 $58,333
2016 $1,638 $80,023 $20,833 $59,190
2015 $1,649 $81,739 $20,833 $60,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 451336

Greater McAllen Association of REALTORS®

APN: 676916-0000-010200