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    South Padre Island, TX
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    South Padre Island, TX Triplexes for Sale

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    6 properties
    Furnished 3-Unit Triplex
    Updated: Apr 13
    Furnished 3-Unit Triplex

    201 W Hibiscus St., South Padre Island, TX 78597

    $795,000
    3,503 sqft 0.14 AC lot
    Three‑unit, two‑story triplex with 3,503 square feet on 0.1435 acres
    Private entrance, living room, kitchen, and bathroom for each unit
    Unit B is ground‑level and handicap accessible
    Private decks serve Units A and C; common fenced yard includes patio and BBQ area
    Roof replaced in Aug 2025; New AC 2026
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    This listing looks promising.

    Here's a quick look at some key insights for

    201 W Hibiscus St., South Padre Island, TX 78597

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    • Est. Cap Rate

      3.6%
      NOI ÷ price

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $413K
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1992
    View Property Analytics
    Contemporary Triplex with Pool
    Updated: Aug 11
    Contemporary Triplex with Pool

    106 ACAPULCO ST., South Padre Island, TX 78597

    $755,000
    2,159 sqft 0.14 AC lot
    2,159 square feet on a 0.1435‑acre site
    Triplex configuration with one 2‑bedroom, 2‑bathroom residence and two 1‑bedroom, 1‑bathroom units
    Built in 2023 with ductless zoned cooling and tile flooring
    Shared saltwater pool with outdoor restroom and storage
    Private balcony at the main residence with Laguna Madre views
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    Remodeled Furnished Triplex
    Remodeled Furnished Triplex

    102 E Atol St., South Padre Island, TX 78597

    $1,500,000
    3,452 sqft 0.14 AC lot

    Three updated rental units feature modern kitchens, bathrooms, and furnished interiors for flexible residential use.

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    Triplex with Heated Pool
    Triplex with Heated Pool

    106 W Acapulco St, South Padre Island, TX 78597

    $747,500
    2,159 sqft

    Three residences include a larger main home and two private one-bedroom units, supported by outdoor amenities and island access.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Triplex with Heated Pool
    Triplex with Heated Pool

    125 E Huisache St., South Padre Island, TX 78597

    $949,000
    3,883 sqft 0.14 AC lot

    Three residences offer private outdoor spaces, individual garages, and separate water and electric meters.

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    Triplex with Bay Views
    Triplex with Bay Views

    111 W Marisol Dr., South Padre Island, TX 78597

    $769,000
    3,184 sqft 0.11 AC lot

    MF-zoned triplex with furnished interiors, private outdoor areas, and short-term rentals allowed.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in South Padre Island, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Triplex with Private Patios
    Triplex with Private Patios

    2109 Davenport Street, Weslaco, TX 78596

    $364,900
    3,161 sqft 0.24 AC lot

    Fully rented triplex featuring one 2-bedroom unit and two 3-bedroom units, each with in-unit laundry and patio space.

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    Three-Unit Triplex with Carport
    Three-Unit Triplex with Carport

    902 E MONROE ST., Brownsville, TX 78520

    $145,000
    2,738 sqft 0.14 AC lot

    Triplex with three rentable units and separate water and electric meters, including two currently tenant-occupied units.

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    Rented Triplex with Patios
    Rented Triplex with Patios

    2109 Davenport Street, Weslaco, TX 78596

    Contact for pricing
    3,161 sqft

    Fully rented triplex with one 2-bedroom unit and two 3-bedroom units, each with private patio access.

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    Mixed-Use Income Building
    Mixed-Use Income Building

    4245 SOUTHMOST RD., Brownsville, TX 78521

    $750,000
    3,250 sqft

    Refurbished two-story building with three units, including two-bedroom, one-bedroom, and a 1,600-sqft office/retail space.

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    South Padre Island, TX Triplexes Market Trends and Statistics

    Explore 6 triplexes for sale in South Padre Island, TX, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 18,340 square feet of properties for sale, with an estimated market value of $5,515,500.

    Sale prices for three-family homes in South Padre Island, TX start at $747,500, averaging $919,250, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 19
    Short term rental properties 15
    Triplexes 6
    Quadplexes 4
    Apartment buildings 2

    Demographics Overview

    Population 2,881
    Population Growth (5Y) +1.5%
    Median Household Income $61,357
    College Educated 79.0%

    High-Yield Neighborhoods for Investment

    Identify South Padre Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    78597 $1M

    Taxes & Financing

    Tax Rate (average for all types) 1.29%
    Property Tax per SF $3.62 per SF
    Tax Rate vs County Average 0.52 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cameron County

    New Delisted

    Total CRE Inventory on Market (SF)

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