South Padre Island, TX Real Estate

According to census data in the year 2000 there were 4,653 housing units in South Padre Island. This represents a 14% growth from 4,082 in 1990.

Of those housing units, 4,503 were located in either urbanized areas or urban clusters, and 150 were located in what is classified as a rural area.

Homeownership rate in South Padre Island is about 64.7%. South Padre Island's vacancy rate, including seasonal lodging, is about 73.9%. Average household size is 2.02 people.

The majority of houses, apartments or condos in South Padre Island were built after 1984.


Housing Size

Housing Units by Size
Studio Type4.90%
One Bedroom17.30%
Two Bedrooms50.30%
Three Bedrooms21.60%
Four Bedrooms4.70%
Five Bedrooms or more1.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1984
Median Value of occupied units$175,400
Median Price asked for vacant units$583,300

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1982
Median Monthly Rent asked for vacant units$797

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan4.10%
Simple Mortgage57.20%
Debt Free38.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%