106 West Corral Street

South Padre Island, TX 78597

$2,900,000
Price
Beds
4,500 Sq. Ft.
$644 / Sq. Ft.
4,500
Sq. Ft.
$644
per Sq. Ft.

Description

Presenting an exceptional investment opportunity: a brand-new 17-unit studio apartment property located just steps away from the vibrant entertainment district of South Padre Island. This property offers flexibility for both short-term and long-term rental options, catering to a variety of guests year-round. Each unit is turn-key and fully furnished, featuring appliances, Wi-Fi, and modern amenities to ensure a comfortable stay. The complex is equipped with security cameras for peace of mind, along...Presenting an exceptional investment opportunity: a brand-new 17-unit studio apartment property located just steps away from the vibrant entertainment district of South Padre Island. This property offers flexibility for both short-term and long-term rental options, catering to a variety of guests year-round. Each unit is turn-key and fully furnished, featuring appliances, Wi-Fi, and modern amenities to ensure a comfortable stay. The complex is equipped with security cameras for peace of mind, along with a private pool and a dedicated laundry building for added convenience. With its prime location and amenities, this property promises excellent income potential in a highly desirable area. Don’t miss this exceptional chance to invest in a high-demand rental area with outstanding potential for growth.
  1. Listed by Jaime Lee Gonzalez • TREC #801068777 • Keller Williams Realty Rgv

Property Details for 106 West Corral Street

Community Features
None
Subdivision Name
Padre Beach
LISTING UPDATED: 11/08/2024 04:59 PM

Property Details for 106 West Corral Street

StatusActive
MLS #453240
Days on Market43
Taxes$7,044 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built2024
Lot Size0.33 AC / 14,170 SF
CountyCameron County

Building Information for 106 West Corral Street

Stories1Residences17Year Built2024Building Size-Lot Size0.33 AC / 14,170 SF

Property Information for 106 West Corral Street

Summary
Location and General Information
  • Directions: From Padre Blvd turn left onto Corral St. Property will be on the right hand side.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Carport, No Garage
  • Parking Total: 0.0
School Information
  • Elementary School: Port Isabel
  • Elementary School District: Port Isabel ISD
  • High School: Port Isabel H.S.
  • High School District: Port Isabel ISD
  • Middle Or Junior School: Port Isabel Junior High
  • Middle Or Junior School District: Port Isabel ISD
Taxes and HOA
  • Association: No
  • Parcel Number: 6764000090008010
  • Tax Annual Amount: $7,044
  • Tax Legal Description: PADRE BEACH SUBDIVISION BLK 9 LOT 8A (2024 REPLAT C1-4578 CCMR FILED 4/28/2023)
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: Blue Prints
  • Building Area Total: 4500.0
  • Building Area Units: Square Feet
  • Living Area: 4500.0
  • Living Area Source: Blue Prints
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.3253
  • Lot Size Area: 14170.9392
  • Lot Size Square Feet: 14170.9392
  • Lot Size Units: Square Feet
Property and Assessments
  • New Construction: Yes
  • Year Built: 2024
  • Year Built Source: Builder
  • Escrow: $20,000.00
  • Property Condition: New Construction
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 18
  • Water Source: Public
Green Features
  • Green Energy Efficient: Other
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Pool: Yes
  • Number Of Buildings: 9
  • Construction Materials: Stucco
  • Other Structures: Laundry Facility
  • Pool Features: In Ground, Outdoor Pool
  • Pool Private: Yes
  • Roof: Composition Shingle
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Water Heater (Other), Microwave, Refrigerator
  • Cooling: Other HVAC, Wall Unit(s)
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Other HVAC
  • Interior Features: Ceiling Fan(s), Microwave
  • Laundry Features: Laundry Area
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
Multi-Family Information
  • Number Of Units In Community: 1
  • Number Of Units Total: 17
  • Other Expense: $.00

Property History for 106 West Corral Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 106 West Corral Street

This home is within Point Isabel Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - 6 to 8
Public - 8 to 12
Rating
School
Distance
Derry Elementary School
PublicPK to 5

Garriga Elementary School
PublicPK to 5

Port Isabel J High School
Public6 to 8

Port Isabel High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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106 West Corral Street is a multi-family home for sale in South Padre Island, TX 78597. This property was listed for sale on November 8, 2024 by Keller Williams Realty Rgv, it's currently listed at $2,900,000. This listing's school district is Point Isabel Independent School District. Nearby schools include Derry Elementary School, Garriga Elementary School and Port Isabel J High School. 106 West Corral Street is a 0-bed, 0-bath, 4,500 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Rgv

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.