NOT LISTED FOR SALE

5904 Tropical Dr South Padre Island, TX 78597

Estimated Value: $1,486,550 - $1,776,000

4 Beds
5 Baths
4,857 Sq Ft
$340/Sq Ft Est. Value

About This Home

This home is located at 5904 Tropical Dr, South Padre Island, TX 78597 and is currently estimated at $1,653,517, approximately $340 per square foot. 5904 Tropical Dr is a home located in Cameron County with nearby schools including Garriga Elementary School, Derry Elementary School, and Port Isabel Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2019
Sold by
Moreno Jose Horacio
Bought by
Patel Kaushik H and Patel Vaishaliben
Current Estimated Value
$1,653,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,000
Outstanding Balance
$800,638
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$852,879

Purchase Details

Closed on
May 6, 2009
Sold by
Moreno Jesus Leonel and Moreno Delia R
Bought by
Moreno Jose Horacio

Purchase Details

Closed on
May 10, 2000
Sold by
Delpozo Jose Antonio and Delpozo Marisela S
Bought by
Mayes Michael D and Mayes Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.19%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Patel Kaushik H -- San Jacinto Title Services
Moreno Jose Horacio -- None Available
Mayes Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Kaushik H $928,000
Previous Owner Mayes Michael D $55,000
Source: Public Records

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 $15,000 $1,110,000 $306,720 $803,280
2024 $15,000 $1,004,807 -- --
2023 $15,660 $913,461 $0 $0
2022 $15,735 $830,419 $0 $0
2021 $15,183 $774,630 $178,920 $595,710
2020 $13,897 $686,296 $178,920 $507,376
2019 $13,995 $677,776 $170,400 $507,376
2018 $13,987 $677,796 $170,400 $507,396
2017 $14,216 $694,343 $170,400 $523,943
2016 $14,436 $705,075 $170,400 $534,675
2015 $9,217 $458,903 $170,400 $288,503
Source: Public Records

Map

Texas Cameron County South Padre Island 78597

5904 Tropical Dr, South Padre Island, TX

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