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4 Beds
3 Baths
1,916 sqft

$735,000

200 W Retama Street, South Padre Island TX, 78597

Price per sqft$383.61
Built in1973
Property size1,916 sqft
Property typeResidential

Overview

Active

Listed Oct 8, 2026

Updated 8 days ago

**OWNER FINANCING AVAILABLE AT JUST 4.9% INTEREST WITH A MINIMUM 20% DOWN PAYMENT! OR AS LOW AS 4.5% RATE WITH 25% DOWN!** Take advantage of this rare financing opportunity to own a fully furnished, income-producing property on South Padre Island! This versatile 4-bedroom, 3-bath coastal retreat features a unique "2 homes in 1" layout, ideal for vacation rentals, multi-gen living, or personal use with rental income potential. Each level offers a private entrance, full kitchen, and living area, allowing for flexible use. Enjoy your own private backyard oasis with a swimming pool, spacious 6-car driveway, and attached garage. Desirable corner lot near beach access, restaurants, and entertainment. No HOA! Move-in ready and fully furnished. **Owner-financing terms based on a $735k purchase price, 4.9% interest, minimum 20% down payment, 20-year amortization, and 5-year balloon.** Conventional, FHA, and VA offers welcome! Seller willing to negotiate a lower price for traditional financing.

$4,890/mo

Est. mortgage payment based on a $735,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
517389

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$7,390
Tax Frequency
Annually
Garage
Yes
Pool
Yes
MLS provider logo

Listed by Jesus Robert De Leon with HouseKey Realty
Listing Contact: 956-261-4599 

The IDX display contains information sourced from the Greater McAllen Association of REALTORS® as of 10/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 the Greater McAllen Association of REALTORS® all rights reserved.

Data last updated on 10/9/2026 at 4:09 AM UTC

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