$240,000
SOLD JAN 20, 2025
Last list price

401 Island Ave Unit 63 B Port Isabel, TX 78578

2 Beds
2 Baths
974 Sq Ft
$335/mo HOA Fee

Recently Sold

$246 Per Sq Ft

33 Days on Market

Highlights

  • Docks
  • In Ground Pool
  • Waterfront
  • Fishing Pier
  • Gated Community
  • Bayside

About This Home

As of January 2025

This beautifully updated 2-bedroom, 2-bathroom condo offers a perfect mix of modern style and cozy comfort. Step inside to find a versatile loft space—ideal as a home office, reading nook, or even a play area. For fishing enthusiasts, there’s a dedicated dock and fish cleaning station on-site. The condo's prime location along the channel not only provides breathtaking water views but also easy access to boating and other water activities. After a day out, unwind on your private balcony, soaking in the peaceful scenery and fresh sea air. This fully furnished unit is ready to move in—schedule a showing today and experience the exceptional lifestyle it offers!

Last Agent to Sell the Property

Louann Osment

Keller Williams Realty RGV Listed on: 11/12/2024

Keller Williams Realty RGV

Last Buyer's Agent

Non-Participating Agent

Non-Participant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,750

Year Built

  • Built in 1985

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 974 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Blinds
  • Tile Flooring

Kitchen

  • Stove
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Carport Spaces
  • No Garage

Pool

  • In Ground Pool
  • Outdoor Pool
  • Fence Around Pool

Outdoor Features

  • Fishing Pier
  • Docks
  • Balcony
  • Outdoor Storage

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Thermostat
  • Waterfront
  • Bayside

Listing and Financial Details

  • Assessor Parcel Number 4760000080063200

Community Details

Overview

  • Oyster Cove Association

Recreation

  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,750

Year Built

Built in 1985

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Directions: HWY 100 to Island Avenue, left at Oyster Cove, gated entry.
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Waterfront
  • Lot Size Acres: 0.0413
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 2
  • GMAR_Escrow: 2400
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Furnished: Furnished
  • Appliances: Electric Water Heater, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 974
  • Window Features: Energy Features (Double Pane Windows), Mini Blinds, Skylight(s)
  • Master Bedroom Features: Other

Exterior Features

  • Exterior Features: Balcony, Dock
  • Interior Amenities: Countertops (Granite), Ceiling Fan(s), Dryer, Microwave, Washer
  • Fencing: Other
  • Lot Features: Boat Dock, Fishing Pier, Sidewalks
  • Pool Features: In Ground, Fenced, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: Bayside, Waterfront
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Siding
  • Foundation Details: Pilings
  • Other Structures: Storage
  • Pool YN: Yes
  • Golf Cart: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: No Garage
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Pool, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 335
  • Association Fee Frequency: Monthly
  • Association Name: Oyster Cove
  • 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: 1799.028
  • Parcel #: 4760000080063200
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Jan 17, 2025
Sold by
Costilla Virginia Olivia
Bought by
Lopez Carlos
Seller's Agent
Louann Osment
Keller Williams Realty RGV
Buyer's Agent
Non-Participating Agent
Non-Participant
List Price
$240,000
Views
14
Current Estimated Value
$267,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.46%
Original Mortgage
$184,000
Outstanding Balance
$183,342
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$76,520

Purchase Details

Listed on
Jun 3, 2023
Closed on
Jun 26, 2023
Sold by
Jennifer Pennington C and Jennifer Leah
Bought by
Costilla Virginia Olivia
Seller's Agent
Anthony Espinoza
Espinoza Realty, Llc
Buyer's Agent
Louann Osment
Keller Williams Realty RGV
List Price
$234,900
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$198,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2016
Sold by
Gonzalez Jesus and Gonzalez Irasema
Bought by
Pennington Christopher C and Pennington Jennifer Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.5%
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
Deed -- Sierra Title
Deed -- Edwards Abstract & Title
Warranty Deed -- Sierra Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,000 New Conventional
Previous Owner $198,000 New Conventional
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 Sold -- -- --
12/16/2024 12/16/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $240,000 +2.2% $246 / Sq Ft
06/26/2023 06/26/23 Sold -- -- --
06/05/2023 06/05/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $234,900 -- $241 / 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
2024 $4,750 $219,833 $50,308 $169,525
2023 $2,655 $122,242 $50,308 $71,934
2022 $2,649 $115,007 $38,976 $76,031
2021 $2,621 $109,322 $31,241 $78,081
2020 $2,660 $110,344 $31,241 $79,103
2019 $1,878 $79,049 $31,241 $47,808
2018 $2,239 $94,288 $45,272 $49,016
2017 $2,261 $95,495 $45,272 $50,223
2016 $2,290 $96,701 $45,272 $51,429
2015 $2,325 $97,909 $45,272 $52,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 453280

Greater McAllen Association of REALTORS®

APN: 476000-0080-063200