$325,000

Estimated payment $3,172/month

3 Beds
2 Baths
1,328 Sq Ft
$245 Price per Sq Ft

Highlights

  • Water Views
  • Community Cabanas
  • Property fronts a channel
  • Flour Bluff Intermediate Rated A-
  • Canal Access
  • Covered Patio or Porch

About This Home

An incredible opportunity awaits at Spinnaker Condos, where island living and income potential meet! This updated and fully furnished 3-bedroom, 2-bath, two-story waterfront condo is move-in or rental ready, offering flexibility as a personal retreat, vacation rental, or long-term investment. The main floor features an open-concept living room and kitchen, plus a guest suite with en suite/hall bath. Upstairs, two guest bedrooms share a full bath—plenty of space for visitors or rental groups. Step out to your private covered balcony patio with direct water views, and enjoy the convenience of your own deeded, covered boat slip with lift just outside the door—a highly desirable feature for both owners and renters. Community features a swimming pool, hot tub, and sundeck! Short-term rentals are allowed, and with its walkable location to shopping, dining, coffee shops, and local attractions, this condo checks all the boxes for strong rental appeal. Construction is nearly complete on adjacent water exchange bridge to bring direct connectivity from Laguna Madre to Lake Padre Development & Packery Channel. Once complete owners & guests of Spinnaker condos will have immediate boat access to future waterfront development in the new Whitecap NPI subdivision & Lake Padre Residential & Retail property. Ownership is made easy with HOA dues of $852/month, covering exterior insurance, exterior upkeep, grounds, common areas, water, trash, cable, and WiFi. That means more time enjoying the island and less time managing details. Whether you’re looking for a smart investment, a vacation rental, or a lock-and-leave waterfront getaway, Spinnaker Condos is the perfect launch point for both lifestyle and ROI.

Listing Agent

Julie Reupke

Compass RE Texas, LLC. License #0627776 Listed on: 10/03/2025

Compass RE Texas, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,076

Year Built

  • Built in 1985

HOA Fees

  • $852 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Water Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Canal Access
  • Covered Patio or Porch

Schools

  • Flour Bluff Elementary And Middle School
  • Flour Bluff High School

Additional Features

  • Property fronts a channel
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include common areas, internet, ground maintenance, maintenance structure, trash, water
  • The Spinnaker Condo Subdivision

Recreation

  • Community Cabanas

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,076

Year Built

Built in 1985

Lot Details

0

HOA Fees

$852 per month

Listing Details

  • Property Sub Type Additional: Condominium
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Subdivision Name: The Spinnaker Condo
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1985
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Tile, Vinyl
  • Interior Amenities: Split Bedrooms, Window Treatments, Breakfast Bar
  • Living Area: 1328.0
  • Stories: 1
  • Window Features: Window Coverings

Exterior Features

  • Fencing: None
  • Pool Features: Concrete, In Ground, Pool
  • Pool Private: Yes
  • View: Water
  • View: Yes
  • Waterfront Features: Channel, Canal Access
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned, Other
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Amenities: Cabana, Pool
  • Association Fee: 852.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Internet, Maintenance Grounds, Maintenance Structure, Trash, Water

Schools

  • Elementary School: Flour Bluff
  • Junior High Dist: Flour Bluff ISD
  • High School: Flour Bluff
  • Middle Or Junior School: Flour Bluff

Lot Info

  • Lot Size Sq Ft: 1751.0

Tax Info

  • Tax Block: 00
  • Tax Lot: 0

Map

Range of Values:

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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 $7,076 $345,000 $58,592 $286,408
2024 $7,076 $351,671 $61,215 $290,456
2023 $4,901 $249,996 $61,215 $188,781
2022 $5,661 $245,539 $34,980 $210,559
2021 $5,434 $221,363 $34,980 $186,383
2020 $5,629 $229,686 $34,980 $194,706
2019 $5,706 $227,413 $34,980 $192,433
2018 $5,667 $229,458 $34,980 $194,478
2017 $5,511 $223,356 $34,980 $188,376
2016 $5,954 $241,338 $35,570 $205,768
2015 $4,787 $214,352 $35,570 $178,782
2014 $4,787 $211,975 $35,570 $176,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 For Sale $325,000 0.0% $245 / Sq Ft
05/12/2025 05/12/25 Rented $2,200 0.0% --
01/02/2025 01/02/25 Price Changed $2,200 -8.3% $2 / Sq Ft
12/16/2024 12/16/24 For Rent $2,400 0.0% --
02/01/2024 02/01/24 Sold -- -- -- View Prior Sale
01/31/2024 01/31/24 For Sale $345,000 -- $260 / Sq Ft
Source: South Texas MLS

Purchase History

Date Type Sale Price Title Company
Deed -- First Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $276,000 New Conventional
Source: Public Records

Source: South Texas MLS

MLS Number: 465442

South Texas MLS

APN: 200031926