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$2,416,000

NAL Estimated Property Value

103 Seaside Dr, Port Aransas, TX, 78373

$2,772,806 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,733 Sq Ft
price_per_sqft$636.22 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDouble Oven, Gas Cooktop, Disposal, Refrigerator
FlooringHardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size4,879 sqft

Building Information

Year Built2008
Stories3
Garage Spaces1

Land Information

APN1599-0001-0460
Lot Number46
SubdivisionCinnamon Shore Nud Unit 1
Land UseResidential
Legal DescriptionCINNAMON SHORE NUD UNIT 1 BLK 1 LOT 46
Census Tract006205
Assessed Land Value$429,880
Assessed Improvement Value$1,722,503
Assessment Year2025

About this property

FROM MY FRONT PORCH YOU CAN SEE THE SEA! This luxurious custom 3-story home with designer finishes is sold furnished and located in highly sought-after Cinnamon Shore North on Lake Gavin, offering breathtaking views of Gulf sunrises and Corpus Christi Bay sunsets. This single-owner home has never been rented, ensuring it has been meticulously maintained. Just steps from the beach, pools, gym, dog park, restaurants, and shops, it offers the perfect blend of luxury and coastal charm. Designed for effortless living, the home features elevator access to all three levels, IPE wood porches and balconies, and 12-foot vaulted ship lap ceilings that create an open, airy feel. The culinary kitchen boasts high end stainless steel appliances, a gas range, and island seating, flowing seamlessly into the spacious 2nd living room with stone fireplace. Indoor and outdoor entertaining is effortless, with a Viking BBQ grill on the back balcony and a fenced yard with a fire pit for relaxed coastal evenings overlooking Lake Gavin. The first floor includes a built-in bunk room and guest suite with King sized bed, plus a wet bar, sitting area, and laundry. The second floor features the primary suite with a private balcony, spa-like bath with a soaking tub, and walk-in shower, along with a back patio to take in the coastal breeze. On the third floor, a spacious fifth room is ideal for a bunk room or additional guest suite, and a gorgeous, bright bedroom with vaulted ceiling and balcony offers stunning west-facing views of Corpus Christi Bay and Cinnamon Shore North. Similar homes at Cinnamon Shore generate $200K+ annually in rental bookings, making this an excellent investment or personal retreat. Seller Financing 20% down | 6% interest | 2-3 year balloon Experience the ultimate in Coastal Living. Perfect location, breath taking views - truly an immaculate home that promises elegance, space and comfort. Easy to show - no renters - and available immediately!

Investor Tools

Property Icon
$2,416,000
Estimated Property Value
$1,988,415Estimated Mortgage Balance
$427,585Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,772,805
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,496 /month
Positive
Cash Flow Estimate:
$4,832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,010/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$36,037
$2,152,383
2025
$429,880
$1,722,503
$2,152,383
No

Tax History

Year
Tax Paid
Assessed Value
2024
$36,037
$2,152,383

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Funding Llc
Commercial
$1,999,999
No
First
Dec 4, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,988,415
$427,585
17%
82%
$11,992/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$12,592/mo
$-10,312/mo
1.1%

City: Port Aransas

103 Seaside Dr | Property Details | No Agent List