REALTOR® · TREC #643769
Ricardo Salazar
RCR Real Connect Realty
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Ricardo Salazar · REALTOR® · TREC #643769 · RCR Real Connect Realty (broker license #9012393)
Investor sheet · MLS# 29778151 · https://ricosalazar.com/properties/45-harbor-view-laguna-vista-tx-78578-29778151
$589,000
45 Harbor View, Laguna Vista, TX 78578
- bd
- 3
- ba
- 3
- ft²
- 1,951
MLS# 29778151 · Listed by Jaime Lee Gonzalez, KELLER WILLIAMS REALTY RIO GRANDE VALLEY · 956-928-1155, [email protected]
- TypeCondo / townhome
- Year built2012
- Price / ft²$302
- HOA / month$786
- South Padre Island (Queen Isabella Causeway)≈ 15 min approx.
Description
Enjoy breathtaking views of the Laguna Madre Bay and South Padre Island in this channel-front townhome in Laguna Vista. Boaters will appreciate the private boat slip with lift, offering easy access to the water. This well-maintained home features 3 bedrooms, 2.5 bathrooms, electric storm shutters, a water softener, and water filtration system. Residents enjoy access to outstanding community amenities, including an 18-hole golf course, clubhouse, tennis courts, and more. A perfect opportunity to enjoy the best of waterfront living. Schedule your viewing appointment!
Property details
- Type
- Condo / townhome · Townhouse
- Status
- For sale
- MLS#
- 29778151
- Price
- $589,000
- Price per ft²
- $302
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,951 ft²
- Year built
- 2012
- Subdivision
- Spi Golf Community
- City
- Laguna Vista
- County
- Cameron
- HOA
- $786/mo
- Days on market
- 97
- Listed
- Jul 23, 2026
- Last updated
- Jul 23, 2026, 9:29 AM CT
Numbers for investors
Price per ft²
$302
Source: MLS listing
Days on market
97
Source: MLS listing
- Est. fixed costs per month
- $2,357/mo Est.
- Cash to close with 25% down
- $164,920 Est.
General information only, not legal, tax or financial advice. Ricardo Salazar is a licensed real estate agent, not an attorney, CPA or lender. Consult qualified professionals in the U.S. and Mexico.
Investment calculator · Estimates
What could it earn?
How we calculate the cap rate, and how accurate it is
Cap rate = NOI ÷ price. NOI is the rent you would collect in a year, after vacancy, minus the costs of running the property. The loan is left out, so the cap rate measures the property as if you paid cash.
- Gross rent, 12 months Not provided
- —
- Gross yield: rent ÷ price, before costs
- —
- minus Vacancy (8% of gross rent) Assumption
- —
- equals Rent collected
- —
- minus Property tax Estimate
- $12,958
- minus Insurance Estimate
- $5,890
- minus HOA dues, 12 months MLS listing
- $9,432
- minus Maintenance (5% of rent collected) Assumption
- —
- minus Management (8% of rent collected) Assumption
- —
- equals Net operating income (NOI)
- —
- divided by Price MLS listing
- $589,000
- equals Cap rate
- —
Amounts are rounded to the dollar; the cap rate uses the exact figures.
Is it accurate?
It is an estimate, not a quote or a guaranteed return. It is only as good as its inputs:
- From the MLS listing:
- From a rent comparable:
- Your figures:
- Our estimates and assumptions:
- Not provided, counted as $0:
- Missing: the monthly rent. Enter it to get a cap rate.
- MLS figures are what the listing reports. We have not verified them.
- The tax on a listing is the seller’s last bill, and it can be lower than what you will pay: a homestead exemption, the 10% cap on homestead appraisals and an over-65 or disability tax ceiling do not carry over to an investor.
- Listings in this MLS do not include property tax, so unless you enter your own figure we use 2.2% of the price a year. Look up the property’s value and taxing units at the Cameron Appraisal District (opens in a new tab); a rental does not get the homestead exemption.
- If a listing advertises its own cap rate, it may leave out vacancy, management or other costs, which makes it look higher.
- To confirm it, ask for the current lease or rent roll, last year’s tax bill (Cameron County Tax Assessor-Collector) and your own insurance quote from a Texas-licensed agent; coastal wind and flood coverage can cost much more. For a specific property, Ricardo can ask the listing agent for the lease, the tax bill and what the seller pays for insurance.
What it leaves out
- The mortgage. Your loan shows up in cash flow and cash-on-cash, not in the cap rate.
- Big repairs and replacements (roof, A/C, appliances) and savings set aside for them.
- Utilities, lawn care or pest control, if the owner pays them.
- Closing costs, leasing fees, income taxes in the U.S. or Mexico, and depreciation.
Location and drive times
45 Harbor View, Laguna Vista, TX 78578 Open in Google Maps (opens in a new tab)
- South Padre Island (Queen Isabella Causeway)≈ 15 min approx.
- Port of Brownsville≈ 20 min approx.
- UTRGV Brownsville campus≈ 30 min approx.
- Veterans International Bridge at Los Tomates≈ 30 min approx.
- Gateway International Bridge≈ 30 min approx.
- B&M International Bridge≈ 30 min approx.
- SpaceX Starbase launch site, Boca Chica≈ 40 min approx.
Approximate car times computed from the map: city pace for the first 10 km, highway pace after that, and trips that would cross the ship channel go around it by the Port. They do not include traffic, bridge waits or launch-day road closures.
Schematic
Approximate positions; not a navigation map.
- Area (opens its page)
- International bridge
- Main highway
- Ship channel
Gateway Bridge to South Padre Island: ≈ 37 km (23 mi) in a straight line.
Base map data © OpenStreetMap
Buying from Mexico with a loan?
Ricardo is not a lender. Ask him which loan types exist for foreign buyers and which documents lenders usually request.
Ask about this property
- Phone / WhatsApp
- +1 (956) 592-5052
- [email protected]
- Website
- https://ricosalazar.com/
Condo / townhome · Laguna Vista
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Listing office: KELLER WILLIAMS REALTY RIO GRANDE VALLEY
Listing agent: Jaime Lee Gonzalez
Office contact: 956-928-1155, [email protected]
MLS# 29778151 · Last updated
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