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$549,999

1107 S 11th Street 39, Port Aransas, TX, 78373

$632,330 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,636 Sq Ft
price_per_sqft$336.19 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesLandscaping
Lot Size9,845 sqft

Building Information

Year Built1972

Land Information

APN6568-0005-0390
SubdivisionThe Pelican Condo
Land UseResidential
Legal DescriptionTHE PELICAN CONDO, BUILDING E, UNIT 39, 1.82% COMMON AREA INTEREST
Census Tract005103
Assessed Land Value$249,284
Assessed Improvement Value$458,162
Assessment Year2025

About this property

Welcome to your fully renovated top floor retreat at The Pelican in Port Aransas, where all the work has already been done for you. Updated in 2024, this beautiful condominium offers breathtaking Gulf views, refreshing breezes, and the perfect blend of comfort, style, and coastal living. Step outside onto the expansive balcony and take in panoramic views of the Gulf while enjoying your morning coffee or evening sunset. Inside, luxury vinyl plank flooring, friendly designer finishes, and wide baseboards create a fresh, modern coastal atmosphere throughout. The updated kitchen features new wood cabinetry, stainless steel Whirlpool appliances, and a convenient breakfast bar, all opening seamlessly into the dining area where stunning Gulf views become part of every meal. The spacious living room offers plenty of room for relaxing, entertaining, or gathering after a day at the beach. The primary suite is a true sanctuary, showcasing sweeping water views, generous closet space, and a beautifully updated en-suite bath. Two additional bedrooms provide comfortable accommodations for guests and share a renovated second bathroom. A large air-conditioned flex space near the entry offers endless possibilities as a home office, owner's storage closet, hobby room, or bonus living space. Full size stackable washer/dryer in unit. Whether you're searching for a primary residence, vacation getaway, or income-producing investment, this penthouse checks all the boxes. Short-term rentals are allowed, and owners and guests enjoy direct beach access, resort-style pool amenities, ample parking, and the convenience of being in town. Golf-cart friendly and just moments from Port Aransas' restaurants, shops, fishing, and entertainment, this is coastal living at its finest. Beautifully updated, ideally located, and ready to enjoy—your Port Aransas penthouse awaits.

Investor Tools

$464,622Estimated Mortgage Balance
$242,824Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$632,329
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,245 /month
Positive
Cash Flow Estimate:
$1,415 /month

Interested in this property?

Michele Lorette

Kuper Sotheby's Intl Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$953/month
$836/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,898
$707,446
2025
$249,284
$458,162
$707,446
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,898
$707,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Commercial
$499,500
No
First
Sep 19, 2022
Oct 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,622
$242,824
34%
66%
$2,995/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.

Explore Texas Explore This Area
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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1107 S 11th Street 39 | Property Details | No Agent List