South Padre Island, TX
Texas spring break capital — Rio Grande Valley STR market
South Padre Island is a 34-mile barrier island at the southern tip of Texas, best known as the premier spring break destination in the state and a growing family beach market. The island sees dramatic ADR spikes during spring break (March) and summer, with a more relaxed shoulder season. Low property prices relative to returns make it one of the higher cap rate coastal markets in the South.
Estimated Annual Performance
* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.
Why Investors Choose South Padre Island
Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.
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