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$320,000

NAL Estimated Property Value

1002 S Eleventh Street, Port Aransas, TX, 78373

Off MarketInfo

About this property

BIG corner lot on the coveted beach-side of Port A! Located on the corner of 11th Street & Ave J, this cool slice of land is just steps to shops & restaurants or a quick golf cart ride to the beach. Build a rental income money-maker, design your dream coastal getaway or even build speculatively for profit with strong surrounding property values to grow your investment. Generously sized at almost 6000 SF with a cool corner location for tons of build flexibility. You can create a Texas-sized spread on this lot & still have the room to add an accessory dwelling unit (ADU), pull-through parking for boats or even a side-entry or multiple garages. So many possibilities! Plus there's no HOA, no timeline to build & minimal deed restrictions so you can create WHAT you want, WHEN you want, or even just hold for appreciation or for 'someday'. Why stay in someone else's investment every time you visit when you could create the getaway of YOUR dreams? Vacant lots of this size close to the beach are rare - don t miss your chance to snag your own slice of paradise!

Investor Tools

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$320,000
Estimated Property Value
$0Estimated Mortgage Balance
$320,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

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

City: Port Aransas

1002 S Eleventh Street | Property Details | No Agent List