STR-approved 2/2 townhouse on North Padre Island, built 2014, needing only about $5K of light rehab, with strong short-term rental income potential near the beach.
Property Overview
Townhouse: 2 bed / 2 bath, approx. 1,120 sq ft
Built 2014, newer construction
HOA: approx. $500/month
Short-term rentals confirmed allowed
Condition
2014 build, major systems newer than most island inventory
Light cosmetic work only, about $5K estimated rehab
Numbers
Asking Price: $200,000
ARV: $280,000
Estimated Rehab: ~$5,000
Closing Date: November 23, 2026
Why It Works
$65K+ spread after a light $5K rehab
STR confirmed allowed, ready to list on Airbnb/VRBO quickly
Island beach location with year-round vacation demand
2014 construction means fewer big-ticket surprises
Townhouse format keeps upkeep low for a remote STR operator
Contact
Miguel Faure
(281) 989-7739
miguel@housebuyerstexas.net
More About This Property
Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
0 deals visible on map
Zoom in to see deals.
Zoom in to see deals
ARV $280,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $249,000.