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

7beds
7baths
3,184sqft
$865,000
$272price/sqft
$6,069/moest. monthly cost
$242,760/yrincome needed

About This Home

This bayside triplex has breathtaking bay and sunset views. This property is an excellent opportunity to live in one unit and rent out the other two units for additional income and investment property. Features include porcelain tile flooring throughout, granite countertops, stainless steel appliances, tray ceilings, and washer and dryer hookups in all units. Short-term rentals are allowed, making this an ideal investment. The property is a short distance from popular restaurants and nightlife. Seller is offering $5,000 towards closing cost

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

6/10
Garriga Elementary SchoolGrades PK-53.3 mi
4/10
4/10
Port Isabel High SchoolGrades 8-125.3 mi

Construction

Condition

  • Year built: 2018

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Stove,Washer/Dryer
  • Laundry features: Washer/Dryer Hook-up

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Features

  • Cabinets-Manufactured,Ceiling Fan(s),Kitchen Island
  • Flooring: Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,184
  • Total interior livable area: 3,184 sqft

Property

Details

  • Parcel number: 6780000070009000
  • Zoning: MF

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Exterior features: BBQ Area,Balcony
  • Waterfront features: Bay Interior

Lot

  • Lot size: 5,000 sqft
  • Features: Less than 1 Acre

Parking

  • Parking features: Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Inland Flooding
Hail
Heat Wave
Ice Storm
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,373$52,476
Home Insurance *$240$2,880
Property Taxes $1,107$13,284
Electricity $349$4,195
Total$6,069$72,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$208,080/yr
40% on housing$182,070/yr
45% on housing$161,840/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$272This listing

vs Other Active Listings

Avg $/sqft

ZIP 78597$298
Cameron County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 78597$411
Cameron County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-09-02Price change$869,000
2025-03-27Price change$889,000
2025-02-07Listed for sale$895,000
2024-08-15Listing removed$935,000
2024-06-18Listed for sale$935,000
2024-05-27Listing removed$1,099,999
2024-05-25Price change$1,099,999
2024-05-24Price change$1,010,999
2024-04-29Price change$1,110,999
2024-04-25Price change$1,130,000
2024-04-09Price change$1,149,999
2024-02-02Listed for sale$1,199,999
2024-02-02Pending sale$1,199,999
2024-01-24Listed for sale$1,199,999
2023-12-20Listing removed$1,199,999
2023-10-05Listed for sale$1,199,999
2023-03-31Listing removed--
2023-03-03Pending sale$899,500
2022-11-30Price change$899,500
2022-10-03Listed for sale$910,000
2022-08-29Listing removed--
2022-03-14Listed for sale$950,000

For Sale by Agent

AgentOlga Vega-Carter
BrokerageSPI Realty

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