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150 Padre Blvd #C402, South Padre Island, TX, 78597

2beds
2baths
1,122sqft
$385,000
$343price/sqft
$2,723/moest. monthly cost
$108,920/yrincome needed

About This Home

Welcome to this exceptional 4th-floor condo located in the La Isla South Padre Residences on South Padre Island! Ideally located on the south end of the island near SpaceX's Boca Chica launch site. Enjoy the rare opportunity to watch rocket launches while living in a stunning coastal setting. This 2-bedroom, 2- bath, 1,122 sq. ft. condo offers an open layout, high ceilings, porcelain floors, and large windows that flood the space with natural light. Take in breathtaking bay and bridge views from your private balcony- perfect for relaxing sunsets! This property has a proven both short and long-term rental track record, generating approx. $20,000 annually through Airbnb and VRBO-making it an ideal vacation home, investment property, or SpaceX adjacent home base for aero-space professionals and enthusiasts.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

6/10
Garriga Elementary SchoolGrades PK-52.9 mi
4/10
4/10
Port Isabel High SchoolGrades 8-125.1 mi

Construction

Condition

  • Year built: 2009

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,122
  • Total interior livable area: 1,122 sqft

Property

Details

  • Parcel number: 373618
  • Zoning: A-C

Features

  • Pool features: Pool-Heated,Pool-Outdoor
  • Exterior features: Balcony,Sprinkler System
  • Spa features: Community
  • Has view: Yes
  • View description: Water,Bay
  • Has water view: Yes
  • Water view: Water,Bay
  • Frontage type: Padre Blvd Frontage

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 $1,946$23,352
Home Insurance *$106$1,272
Property Taxes $433$5,196
Electricity $238$2,859
Total$2,723$32,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,360/yr
40% on housing$81,690/yr
45% on housing$72,613/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

$343This listing

vs Other Active Listings

Avg $/sqft

ZIP 78597$299
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)

Price History

DateEventPrice
2026-05-07Listed for rent$2,100
2026-04-07Price change$385,000
2026-02-18Listed for sale$399,000
2025-08-15Listing removed$1,900
2025-07-09Listing removed$400,000
2025-07-06Listed for rent$1,900
2025-04-09Price change$400,000
2025-02-11Listed for sale$420,000
2024-11-06Listing removed$2,000
2024-11-04Price change$2,000
2024-10-31Listing removed$425,000
2024-10-26Price change$425,000
2024-10-21Listed for rent$2,300
2024-09-20Pending sale$399,000
2024-09-04Listed for sale$399,000
2024-04-08Listing removed--
2024-03-22Price change$2,300
2024-03-14Listed for rent$2,500
2023-08-11Listing removed--
2023-07-21Listed for rent$2,300
2023-06-27Listing removed--
2023-05-30Listed for rent$2,300
2023-05-11Listing removed--
2023-04-20Listed for rent$2,300
2021-12-13Sold--
2013-06-21Sold--

For Sale by Agent

AgentJames Enholm
BrokeragePalm Breeze Real Estate LLC

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