200 Retama Street

South Padre Island, TX 78597

$735,000

Beds: 4
Baths: 3
Square feet: 1,916
Lot: 0.14 acres
Year built: 1973
Type: Single Family
Status: For Sale
MLS #: 517389

Mortgage estimate

$5,264/ month

20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.

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Estimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.

About this home

**OWNER FINANCING AVAILABLE AT JUST 4.9% INTEREST WITH A MINIMUM 20% DOWN PAYMENT! OR AS LOW AS 4.5% RATE WITH 25% DOWN!** Take advantage of this rare financing opportunity to own a fully furnished, income-producing property on South Padre Island! This versatile 4-bedroom, 3-bath coastal retreat features a unique "2 homes in 1" layout, ideal for vacation rentals, multi-gen living, or personal use with rental income potential. Each level offers a private entrance, full kitchen, and living area, allowing for flexible use. Enjoy your own private backyard oasis with a swimming pool, spacious 6-car driveway, and attached garage. Desirable corner lot near beach access, restaurants, and entertainment. No HOA! Move-in ready and fully furnished. **Owner-financing terms based on a $735k purchase price, 4.9% interest, minimum 20% down payment, 20-year amortization, and 5-year balloon.** Conventional, FHA, and VA offers welcome! Seller willing to negotiate a lower price for traditional financing.

Features

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