200 W Retama St
South Padre Island, TX 78597
4
Bedrooms
3
Bathrooms
1,916
Sq Ft
1973
Year Built
About This Property
Turnkey coastal investment opportunity in South Padre Island! This versatile 4 bed, 3 bath property offers a true 2 homes in 1 layout ideal for short-term rentals, multi-family use, or owner-occupancy with income potential. Use it as a duplex or a large single family home. Each level features its own private entrance, kitchen, and living area perfect for hosting multiple groups. Situated on a corner lot with multi-unit zoning, the property includes a private backyard with pool, spacious 6-car driveway, and low-maintenance finishes throughout. Upstairs offers 2 bed/2 bath with balcony, while downstairs features 2 bed/1 bath and a 1 car garage. Fully furnished and move-in ready. Enjoy relaxing on the upstairs balcony. Prime location near beach access, dining, and entertainment. No HOA! Excellent income-producing potential or perfect coastal retreat! Owner Finance Available w/20% down payment, 8% Rate.
Property Details
Property Type
Single Family
Year Built
1973
HOA
None
Listed Price
$685,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in South Padre Island
What is owner financing for 200 W Retama St?
Owner financing means the seller of 200 W Retama St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in South Padre Island, TX is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this South Padre Island home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this South Padre Island property.