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Renovated 5-Unit Apartment Building
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107 W Mars Lane, South Padre Island, TX 78597

Two-story coastal multifamily property with updated interiors, bay views, a balcony, and two garages.

Property Size2,962 SF
Price / SF$313.98
Days on Market82

Property Features for 107 W Mars Lane

General Information

Standard status Active
Size 2,962 SF
Total Parking Spaces 6
Property subtype Multifamily

Building Details

Year Built 1975
Buildings 1
Units 5
Listing Agency: Veale Properties Realty
Listed By: Carina Veale
Source: Crexi
Added: Jun 11 Changed: Aug 30 Last Checked: Aug 30 at 5:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Veale Properties Realty

Investment Insights

Based on property information with market context.

This 2,962-square-foot apartment property includes four apartments and one studio within a two-story building constructed in 1975. The interiors have been comprehensively renovated with wood cabinetry, quartz countertops, updated bathrooms, light wood flooring, refreshed fixtures, and upgraded HVAC systems. The property contains 5.5 total bathrooms and two garages.

An upper-level balcony provides views toward the bay and island sunsets. Located on South Padre Island at 107 W Mars Lane, the property combines a five-unit configuration with extensive interior and system updates across the building.

Key Highlights

  • Four apartments plus one studio in a 2,962 SF building
  • Two‑story property constructed in 1975
  • 5.5 total bathrooms and two garages

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Auto Parts Store Auto Repair Shop Grocery & Convenience Store Kitchen & Bath Showroom Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby

Demographics for 78597, TX

2,479
Population
5,895
Households
0.4
Avg Household Size
56
Median Age
53%
College-Educated
92%
High-School Grad
8.8 sq mi
ZIP Area
282
Density / Sq Mi
$61,357
Median Household Income
$36,843
Median Earnings
$1,421
Median Rent
$508,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story coastal multifamily property with updated interiors, bay views, a balcony, and two garages.
Where is this apartment building located?
The property is located at 107 W Mars Lane South Padre Island, TX.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: Four apartments plus one studio in a 2,962 SF building; Two‑story property constructed in 1975; 5.5 total bathrooms and two garages
(956) 897-0070 Call to check price and availability
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