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$950,000

102 Mariners Drive, Port Aransas, TX, 78373

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.02 acres

Land Information

APN4805-0001-0140
Lot Number14
SubdivisionMariners Watch
Land UseResidential
Legal DescriptionMARINERS WATCH LT 14 BLK 1
Census Tract006205
Assessed Land Value$1,460,592
Assessment Year2025

About this property

Rare opportunity to own a large direct waterfront lot with city utilities for under $1M. Located one lot from the lighted golf-cart driveover to the beach and situated next door to Cinnamon Shore South. The seller has completed all dune and beachfront permitting—an 18+ month time-saver—so you can begin construction right away. Included are a $20,000 set of fully designed plans for a contemporary 3-story, 4,800 SF home: 6 bedrooms, 6.5 baths, with four ocean-view bedrooms and rental-focused layout accommodating up to 24 guests comfortably. The design optimizes entertaining and rental income potential; compare to other lots selling for more with no plans or permits. The parcel sits on a cul-de-sac in a desirable beach neighborhood with low HOA fees and a lighted cart path. Drone-visible wood boardwalk may be removed per buyer preference. Excellent stretch of beach and immediate build-ready status make this a rare, high-value find. Start your coastal project now—ask for full permit and plan package.

Investor Tools

$0Estimated Mortgage Balance
$1,460,592Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,764 /month
Positive
Cash Flow Estimate:
$2,921 /month

Interested in this property?

Cynthia Frank

Silver Sands Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,764/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,861
$1,460,592
2025
$1,460,592
N/A
$1,460,592
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,861
$1,460,592

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,460,592
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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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102 Mariners Drive | Property Details | No Agent List