Duplex with assumable loan (2.625% interest rate) in prime South

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Townhome/Townhouse For Sale

118 Esperanza St.

South Padre Island, Texas 78597

Cameron County

Community: Padre Beach Sec Viii

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$1,049,000 6 br, 8.0 bath 3225 sq. ft. 0.000 acres

Duplex with assumable loan (2.625% interest rate) in prime South Padre Island location. Fully leased with $5,600/month in gross rental income and reliable tenants who treat the property with care. This flexible investment offers multiple income strategies: rent each side in full or increase yield by leasing out the ground-floor studios independently. Both sides include private driveways, two-car tandem garages, private entrances, and fenced outdoor areas ideal for short-term, mid-term or long-term guests. No deferred maintenance--property has been immaculately maintained & recently updated with full interior repainting, storm-grade shutters, 3 of the 5 A/Cs are

Interior:
  • Bedrooms: 6
  • Baths: 8.0
  • Sq Ft: 3225
  • Year Built: 1982
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: Driveway, Garage
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Block, Frame
  • Roof: Composition
  • Property Taxes: $7,486
  • MLS #: 103935
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Contact Information:
Beach Townhome/Townhouse For Sale in South Padre Island, Texas
Listing Agent: Cianna Perez, Texas Coast & Country Real Estate, 956-407-9713, 956-407-9713 Listing Site, Listing Status: Active
Copyright © 2025 South Padre Island Board 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.
Ad Number: 6329811
Viewed 78 times.
Updated: Oct 16, 2025

This property is a Townhome/Townhouse located at 118 Esperanza St., South Padre Island, Texas 78597, and is currently For Sale at $1,049,000. This Townhome/Townhouse has 6 bedrooms, 8.0 baths, 3225 sq ft.