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$465,000

NAL Estimated Property Value

1107 11th Street E 54, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,176 Sq Ft
price_per_sqft$364.8 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size8,146 sqft

Building Information

Year Built1972

Land Information

APN6568-0007-0540
SubdivisionThe Pelican Condo
Land UseResidential
Legal DescriptionTHE PELICAN CONDO, BUILDING G, UNIT 54, 1.51% COMMON AREA INTEREST
Census Tract005103
Assessed Land Value$206,820
Assessed Improvement Value$258,180
Assessment Year2025

About this property

Gulf views, luxury finishes & SELLER FINANCING with as little as 5% down available—this 3-bedroom stunner at Pelican Condos has it all. Completely reimagined from top to bottom, this corner second-floor unit boasts style & comfort with designer details throughout. Step inside to find a light-filled open layout framed by water views & a private, shaded balcony perfect for relaxing with the coastal breeze. The kitchen impresses with veined granite counters, stainless appliances, sleek five-panel doors & a waterfall-edge breakfast bar that opens seamlessly to the living and dining spaces—ideal for entertaining or unwinding after a day at the beach. The primary suite offers peaceful Gulf views & an elegant ensuite bath, while two guest bedrooms share a beautifully updated hall bath. Truly turnkey with quality details like storm doors & a new washer/dryer. Enjoy the best of both worlds: a personal beach retreat that can also earn strong income, with rental projections around $61K annually. Beach walkover & sparkling pool are steps away, plus you’re just a short golf cart ride to Port A’s favorite shops, dining & fun. Worry-free ownership with onsite rental management makes it easy—just arrive, relax & enjoy the view.

Investor Tools

Property Icon
$465,000
Estimated Property Value
$400,752Estimated Mortgage Balance
$64,248Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
$703/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,674
$465,000
2025
$206,820
$258,180
$465,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,674
$465,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank (Lexington)
Conventional
$423,000
No
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,752
$64,248
13%
86%
$2,537/mo

City: Port Aransas

1107 11th Street E 54 | Property Details | No Agent List