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    106 W Corral St South Padre Island, TX 78597

    Pending
    For Sale
    $2,900,000

    Multi Family - South Padre Island, TX

    Type:Multi Family
    Property size:
    4,800 SF
    Lot size:
    0.33 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 106 W Corral St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Pending
    APN
    6764000090008010
    Parking features
    Carport, Garage
    Size
    4,800 SF
    Lot size
    0.33 Acres

    Building Details

    Year built
    2024
    Number of units
    17
    Architectural style
    Other

    RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV (956) 566-8377 [email protected]

    Listing agent Jaime Lee Gonzalez (956) 928-1155

    Listing date Oct 17, 2025

    MLS# 481357 Listing URL

    Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Padre Island Studio Apartments

    This 17-unit studio apartment property is located steps away from the entertainment district of South Padre Island. Situated on a 0.3253-acre lot, the property offers flexibility for both short-term and long-term rental options. Each of the 17 units is turn-key and fully furnished, including appliances, Wi-Fi, and modern amenities. The complex features security cameras, a private pool, and a dedicated laundry building. The property has a total size of 4800 square feet and is located in South Padre Island, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Padre Island
    County
    Cameron
    State
    Texas
    Longitude
    -97.166933
    Latitude
    26.098331

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    FAQs

    What type of property is this?
    Apartment building - 17-unit studio apartment property near South Padre Island entertainment district.
    Where is this apartment building located?
    The property is located at 106 W Corral St South Padre Island, TX.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Prime location steps from South Padre Island's entertainment district.; - 17 turn-key, fully furnished studio apartments.; - Excellent income potential with short-term and long-term rental flexibility.
    (956) 928-1155
    Request Owner's contact information
    106 W Corral St South Padre Island, TX 78597
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    South Padre Island, TX 78597
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 W Corral St South Padre Island, TX 78597
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