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$585,000

1000 Lantana Drive 605, Port Aransas, TX, 78373

$621,200 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,131 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$517.24 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Must-SellMove-In Ready

About this property

Looking for an Investment, this condo has been a money maker for present owner. 2023 Rental was $50,932.67. 2024 rental income was even better, $64,000. The Dunes is a premier location with beautiful views of the beach, ship channel, and a great place to watch the surfers by the Horace Caldwell Pier. This updated 2 bedroom, 2 bath condo is steps from the beach. Enjoy sitting on the balcony while sipping your coffee or wine and listening to the waves coming in. Watching the ships go past is another added activity and you can do it from your own condo. The condo is tastefully decorated & furnished and is move in ready. The kitchen is well appointed with Quartz countertops, farmhouse sink and stainless steel appliances. Nice size bedrooms with attached bathrooms. The swimming pool is so inviting and the spa is covered with a fun Tiki Hut. Easy location to bike, walk or head to the beach for a dip in the Gulf of Mexico. What more could you want!!!

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$621,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Port Aransas

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1000 Lantana Drive 605 | Property Details | No Agent List