$485,000
SOLD JAN 31, 2025
Last list price

220 W Cora Lee Dr Unit 206 South Padre Island, TX 78597

2 Beds
2 Baths
1,174 Sq Ft
$280/mo HOA Fee

Recently Sold

$413 Per Sq Ft

535 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Outdoor Pool
  • Sauna
  • Fish Cleaning Station
  • Gated Community
  • Furnished

About This Home

As of January 2025

Welcome to Tierra Encantada! This 2-bedroom 2-bath nicely located unit is updated and ready to go! Enjoy privacy, an open floor plan and extensive amenities for those who love the water. This complex features an elevator, covered parking, bay views, boat trailer parking and boat slips. The private balcony offers a great storage area. Tierra Encantada is an ideal location for kite boarding, wind surfing, night fishing and more! This sought-after complex is perfect for those looking for rental income to offset costs. Brand-new range and dishwasher. Come see this perfect vacation condo today!

Last Agent to Sell the Property

Tony Altermatt

Palm Breeze Real Estate LLC Brokerage Email: 9564335333, Info@PalmBreezeRealEstate.com License #TREC #0691496 Listed on: 08/15/2023

Palm Breeze Real Estate LLC

Last Buyer's Agent

Non MLS Member

Non MLS Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,556

Year Built

  • Built in 1982

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $280 Monthly HOA Fees

Interior Spaces

  • 1,174 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Bay Views
  • Washer and Dryer

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Unassigned Parking

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 6782000020020600

Community Details

Overview

  • Association fees include cable TV, internet, maintenance structure, ground maintenance, pest control, sewer, trash, water
  • 35 Units
  • Tierra Encantada Community

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Community Spa
  • Fish Cleaning Station

Pet Policy

  • Pet Restriction: Pet Policy: Pets Allowed w/Restrictions, Owners Only

Additional Features

  • Insurance Expense $1,944
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,556

Year Built

Built in 1982

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Stories: 1
  • Attribution Contact: 9564335333, Info@PalmBreezeRealEstate.com
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Boat Docks - Common, Fish Cleaning Station, Gated, Sauna, Water View, HOA
  • Reso Furnished: Furnished
  • ResoLotFeatures: Less than 1 Acre
  • View Type:Pond View: Water, Bay
  • Co List Office Phone: 956-433-5333
  • MLS Status: Closed
  • Subdivision Name: Other
  • ResoBuildingAreaSource: CCAD
  • Carport Y N: No
  • Unit Levels: One
  • Living Area: 1174
  • Efficiency: None
  • Reso Structure Type: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: All Bedrooms Same Level, Ceiling Fan(s), Elevator
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Refrigerator, Stove, Washer/Dryer
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 4

Exterior Features

  • Exterior Features: Balcony, Boat Slip, Dock
  • Horse: No
  • Pool Features: Outdoor Pool
  • View: Yes
  • Waterfront Features: Waterfront, Bay Front
  • Waterfront: Yes
  • Disclosures: Seller's Disclosure
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Covered, Unassigned

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Policy: Pets Allowed w/Restrictions, Owners Only

Fee Information

  • Association Fee Includes: Cable TV, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water

Schools

  • Junior High Dist: Point Isabel ISD

Lot Info

  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 6782000020020600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3556
  • Tax Block: 0
  • Tax Lot: 0

Multi Family

  • Number Of Units In Community: 35
  • Insurance Expense: 1944

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Jan 16, 2025
Sold by
Agreement Of Trust For Virgil Edward Cas and Castleberry Virgil Edward
Bought by
Fairlie Brandon Joseph
Seller's Agent
Tony Altermatt
Palm Breeze Real Estate LLC
Buyer's Agent
Non MLS Member
Non MLS Member
List Price
$497,500
Views
1232
Current Estimated Value
$467,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$395,250
Outstanding Balance
$393,155
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$76,598

Purchase Details

Closed on
Apr 19, 2016
Sold by
Castleberry Virgil E
Bought by
Castleberry Virgil Edward

Purchase Details

Closed on
Mar 8, 2006
Sold by
Deiker Helen V and Deiker Helen Haddix
Bought by
Castleberry Virgil E and Castleberry Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac
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 -- Stewart Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- Southern Texas Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $395,250 New Conventional
Previous Owner $102,000 New Conventional
Previous Owner $210,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold -- -- --
06/15/2024 06/15/24 Price Changed $485,000 -1.0% $413 / Sq Ft
06/10/2024 06/10/24 Price Changed $489,900 -1.5% $417 / Sq Ft
03/27/2024 03/27/24 For Sale $497,500 0.0% $424 / Sq Ft
03/02/2024 03/02/24 Off Market -- -- --
08/15/2023 08/15/23 For Sale $497,500 -- $424 / Sq Ft
Source: South Padre Island Board 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 $2,180 $374,905 -- --
2024 $2,180 $340,823 -- --
2023 $2,116 $309,839 $0 $0
2022 $5,337 $281,672 $29,785 $251,887
2021 $5,365 $276,863 $21,160 $255,703
2020 $4,910 $280,677 $21,160 $259,517
2019 $4,552 $284,490 $21,160 $263,330
2018 $4,136 $292,120 $21,160 $270,960
2017 $3,730 $182,194 $21,160 $161,034
2016 $3,775 $184,377 $21,160 $163,217
2015 $3,369 $186,558 $21,160 $165,398
Source: Public Records

Agents Affiliated with this Home

  • Tony Altermatt

    Seller's Agent in 2025

    Tony Altermatt

    Palm Breeze Real Estate LLC

    (956) 617-1940

    89 Total Sales

    Tony Altermatt
    Section Image

  • N

    Buyer's Agent in 2025

    Non MLS Member

    Non MLS Member

See All Agents

Map

Source: South Padre Island Board of REALTORS®

MLS Number: 98820

South Padre Island Board of REALTORS®

APN: 678200-0020-020600

Texas Cameron County South Padre Island 78597

220 W Cora Lee Dr Unit 206, South Padre Island, TX

This home is located at 220 W Cora Lee Dr Unit 206, South Padre Island, TX 78597 and is currently estimated at $485,000, approximately $413 per square foot. This property was built in 1982. 220 W Cora Lee Dr Unit 206 is a home located in Cameron County with nearby schools including Garriga Elementary School, Derry Elementary School, and Port Isabel Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Padre Island Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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