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For sale
  • Price cut: $96K (8/22)
    $769,000

    111 W Marisol Dr, South Padre Island, TX 78597

    7beds
    3,184sqft
    : 
    $5,656/mo
    Get pre-qualified
    Multi Family
    Built in 2018
    -- sqft lot
    $-- Zestimate®
    $242/sqft
    $-- HOA

    What's special

    This bayside triplex has breathtaking bay and sunset views. This property is an excellent opportunity to live in one unit and rent out the other two units for additional income and investment property. Features include porcelain tile flooring throughout, granite countertops, stainless steel appliances, tray ceilings, and washer and dryer hookups in all units. Short-term rentals are allowed, making this an ideal investment. The property is a short distance from popular restaurants and nightlife. Seller is offering $5,000 towards closing cost
    568 days
    205
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    Olga Vega-Carter 956-433-6291,

    SPI Realty

    Source: SPIBOR,MLS#: 103277

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Stove, Washer/Dryer
      • Laundry: Washer/Dryer Hook-up
      Features
      • Cabinets-Manufactured, Ceiling Fan(s), Kitchen Island
      • Flooring: Tile
      • Furnished: Yes
      Interior area
      • Total structure area: 3,184
      • Total interior livable area: 3,184 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Assigned
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio
      • Exterior features: BBQ Area, Balcony
      • Waterfront features: Bay Interior
      Lot
      • Size: 5,000 Square Feet
      • Features: Less than 1 Acre
      Details
      • Parcel number: 6780000070009000
      • Zoning: MF

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 2018

      Community & HOA

      Community
      • Features: None
      • Subdivision: Sunny Isle
      Location
      • Region: South Padre Island

      Financial & listing details

      • Price per square foot: $242/sqft
      • Tax assessed value: $676,200
      • Annual tax amount: $5,499
      • Date on market: 2/7/2025
      • Listing terms: Bank Loan,Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $6,864/mo

        Price history

        DateEventPrice
        8/22/2026Price change$769,000-11.1%$242/sqft
        Source: SPIBOR #103277 Report a problem
        8/1/2026Price change$865,000-0.5%$272/sqft
        Source: SPIBOR #103277 Report a problem
        9/2/2025Price change$869,000-2.2%$273/sqft
        Source: SPIBOR #103277 Report a problem
        3/27/2025Price change$889,000-0.7%$279/sqft
        Source: SPIBOR #103277 Report a problem
        2/7/2025Listed for sale$895,000-4.3%$281/sqft
        Source: SPIBOR #103277 Report a problem
        8/15/2024Listing removed$935,000$294/sqft
        Source: SPIBOR #101313 Report a problem
        6/18/2024Listed for sale$935,000-15%$294/sqft
        Source: SPIBOR #101313 Report a problem
        5/27/2024Listing removed$1,099,999$345/sqft
        Source: SPIBOR #100066 Report a problem
        5/25/2024Price change$1,099,999+8.8%$345/sqft
        Source: SPIBOR #100066 Report a problem
        5/24/2024Price change$1,010,999-9%$318/sqft
        Source: SPIBOR #100552 Report a problem
        4/29/2024Price change$1,110,999-1.7%$349/sqft
        Source: SPIBOR #100552 Report a problem
        4/25/2024Price change$1,130,000-1.7%$355/sqft
        Source: SPIBOR #100552 Report a problem
        4/9/2024Price change$1,149,999-4.2%$361/sqft
        Source: SPIBOR #100552 Report a problem
        2/2/2024Listed for sale$1,199,999$377/sqft
        Source: SPIBOR #100552 Report a problem
        2/2/2024Pending sale$1,199,999$377/sqft
        Source: SPIBOR #100552 Report a problem
        1/24/2024Listed for sale$1,199,999$377/sqft
        Source: SPIBOR #100066 Report a problem
        12/20/2023Listing removed$1,199,999$377/sqft
        Source: SPIBOR #100066 Report a problem
        10/5/2023Listed for sale$1,199,999+33.4%$377/sqft
        Source: SPIBOR #100066 Report a problem
        3/31/2023Listing removed--
        Source: SPIBOR #96664 Report a problem
        3/3/2023Pending sale$899,500$283/sqft
        Source: SPIBOR #96664 Report a problem
        11/30/2022Price change$899,500-1.2%$283/sqft
        Source: SPIBOR #96664 Report a problem
        10/3/2022Listed for sale$910,000-4.2%$286/sqft
        Source: SPIBOR #96664 Report a problem
        8/29/2022Listing removed--
        Source: SPIBOR #94855 Report a problem
        3/14/2022Listed for sale$950,000$298/sqft
        Source: SPIBOR #94855 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,641 +17.5%$676,200 +130%
        2024$9,053 -6.1%$294,000 -50%
        2023$9,638 -13.6%$588,000 -0.1%
        2022$11,150 $588,406 +77.8%
        2021-- $330,993 +57.9%
        2020-- $209,581 +108.5%
        2019$2,076 +2%$100,518 +34%
        2018$2,035 +31.5%$75,000
        2017$1,548 +0.8%$75,000
        2016$1,536 +2.6%$75,000
        2015$1,497 +132.9%$75,000
        2002$643 +1%--
        2001$637 +2.9%--
        2000$619 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78597

        Getting around

        59 / 100
        Somewhat Walkable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Point Isabel ISD

        Source: SPIBOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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