NOT LISTED FOR SALE

6505 Fountain Way South Padre Island, TX 78597

Estimated Value: $821,000 - $1,095,000

3 Beds
3 Baths
2,677 Sq Ft
$364/Sq Ft Est. Value

Last Sold June 10, 2019

Current estimated payment $6,166/month

64 Days on Market

Highlights

  • Property fronts gulf or ocean
  • In Ground Pool
  • Furnished
  • Gated with Attendant
  • Sitting Area In Primary Bedroom
  • Granite Countertops

About This Home

As of June 2019

Remarkable townhouse at The Villas of South Padre Island. This two-story town home comes furnished and move in ready. Granite counter tops, tile and carpet flooring throughout. First floor features an open living and dining area with lots of natural light, spacious kitchen, utility room, full bath, and two car garage. Second floor master bedroom has walk-in closet, large bathroom with separate tub and shower. The additional bedrooms each have en-suite bathrooms. Located just a short walk from the beach. Amenities include gated entrance, 24hr security, tennis, childrens' play area, swimming pool, hot tub, gym, and private beach access.

Last Agent to Sell the Property

Dennis Franke

Franke Realty Listed on: 02/26/2019

Last Buyer's Agent

Charles Ragsdale

Bic Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,500

Year Built

  • Built in 2005

Lot Details

  • 3,593 Sq Ft Lot
  • Property fronts gulf or ocean
  • Sprinkler System

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Combination Foundation
  • Slate Roof
  • Stucco

Interior Spaces

  • 2,677 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Entrance Foyer

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Utilities District Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6764210030034100

Community Details

Overview

  • The Villas Od Spi Association
  • The Villas Of South Padre Island Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,500

Year Built

Built in 2005

Lot Details

0

HOA Fees

$333 per month

Parking

2

Listing Details

  • Directions: Go north on Padre Blvd and turn right on Hacienda Blvd and then left on Fountain Way - home is on the left.
  • Year Built: 2005
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.0825
  • Road Surface Type: Paved
  • Subdivision Name: The Villas Of South Padre Island
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Other
  • Building Stories: 2
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: Dennis Franke
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Slate
  • Furnished: Furnished
  • Spa Features: Outdoor Hot Tub
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Oven-Single, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 2677
  • Window Features: Drapes, Mini Blinds
  • Master Bedroom Features: Double Vanity, Other, Separate Shower, Sitting Area, Split Bedrooms, Walk-In Closet(s)

Exterior Features

  • Exterior Features: Balcony, Sprinkler System
  • Interior Amenities: Entrance Foyer, Countertops (Granite), Ceiling Fan(s), Other, Split Bedrooms, Walk-In Closet(s)
  • Fencing: None
  • Lot Features: Sidewalks, Sprinkler System
  • Pool Features: In Ground, Other, Fenced
  • Waterfront Features: Gulfside
  • Home Warranty: No
  • Construction Type: Block, Stucco
  • Foundation Details: Combination, Pilings
  • Patio And Porch Features: Covered Patio, Deck/Balcony/Porch, Patio
  • Pool YN: Yes
  • Golf Cart: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Garage Faces Front
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Guarded Entrance, Other, Pool, Sidewalks, Street Lights, Tennis Available, Tennis Privileges
  • Association Fee: 1000
  • Association Fee Frequency: Quarterly
  • Association Name: The Villas od SPI
  • 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: 3592.8288
  • Parcel #: 6764210030034100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Fpa Spi Corp
Bought by
Wright Jane Anne and Wright Troy Alan
Current Estimated Value
$973,988

Purchase Details

Listed on
Feb 26, 2019
Closed on
Jun 7, 2019
Sold by
Fpa Spi Corp
Bought by
Rafols Rafael
Seller's Agent
Dennis Franke
Franke Realty
Buyer's Agent
Charles Ragsdale
Bic Realty
List Price
$406,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%
Original Mortgage
$296,000
Interest Rate
4.1%

Purchase Details

Closed on
May 31, 2017
Sold by
Ancer Fidel Pedraza and Pedraza Irma Obregon De
Bought by
Fpa Spi Corp

Purchase Details

Closed on
Jun 14, 2006
Sold by
F&J Matrix Inc
Bought by
Ancer Fidel Pedraza
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 Buyer Sale Price Title Company
Wright Jane Anne -- Rio Grande Valley Abstract
Rafols Rafael -- Sierra Title
Fpa Spi Corp -- None Available
Ancer Fidel Pedraza -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rafols Rafael $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2019 06/10/19 Sold -- -- --
05/01/2019 05/01/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $406,500 -- $152 / 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 $6,311 $514,458 -- --
2024 $6,311 $467,689 -- --
2023 $7,289 $425,172 $0 $0
2022 $7,324 $386,520 $125,781 $260,739
2021 $7,736 $384,664 $107,813 $276,851
2020 $8,363 $413,000 $107,813 $305,187
2019 $8,528 $413,000 $107,813 $305,187
2018 $8,522 $413,000 $107,813 $305,187
2017 $8,456 $413,000 $107,813 $305,187
2016 $8,456 $413,000 $107,813 $305,187
2015 $9,432 $413,000 $107,813 $305,187
Source: Public Records

Agents Affiliated with this Home

  • Dennis Franke

    Seller's Agent in 2019

    Dennis Franke

    Franke Realty

    (956) 572-0608

    42 Total Sales

    Dennis Franke
    Section Image

  • C

    Buyer's Agent in 2019

    Charles Ragsdale

    Bic Realty

See All Agents

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 311065

Greater McAllen Association of REALTORS®

APN: 676421-0030-034100

Texas Cameron County South Padre Island 78597

6505 Fountain Way, South Padre Island, TX

This home is located at 6505 Fountain Way, South Padre Island, TX 78597 since 26 February 2019 and is currently estimated at $973,988, approximately $363 per square foot. This property was built in 2005. 6505 Fountain Way is a home located in Cameron County with nearby schools including Garriga Elementary School, Derry Elementary School, and Port Isabel Junior High School.

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