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$599,900

111 Redfish Lane, Port Aransas, TX, 78373

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths1,269 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$472.73 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available

Exterior

Private PoolPrivate Pool
Lot Size3,136 sqft

Building Information

Year Built2022
Roof Type105

Land Information

APN4705-0003-0030
Lot Number3
SubdivisionMahi Bay Cud
Land UseResidential
Legal DescriptionMAHI BAY CUD BLK 3 LOT 3
Census Tract005103
Assessed Land Value$125,480
Assessed Improvement Value$415,062
Assessment Year2025

About this property

Coastal living meets income potential at the Green Casita in Port Aransas. This 4-bedroom, 3-bath stilt home is designed for both personal getaways and short-term rental success, offering the flexibility buyers are looking for in today’s market. Upstairs, the open-concept living, kitchen, and dining areas create an easy, breezy space for gathering after a day at the beach. With multiple bedrooms and well-appointed baths, there’s room for guests, renters, or both. Downstairs is where this property really stands out. The fully built-out entertainment area features a private heated pool, outdoor TV, game space, and outdoor shower—everything you need to create a true vacation experience without ever leaving home. Whether you're looking for a coastal retreat, an investment property that consistently brings $50,000+ annually, or both, this one checks all the boxes in Port A.

Investor Tools

$424,536Estimated Mortgage Balance
$226,464Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,906 /month
Positive
Cash Flow Estimate:
$1,302 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$941/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,035
$540,542
2025
$125,480
$415,062
$540,542
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,035
$540,542

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Unknown
$449,250
No
First
Apr 21, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,536
$226,464
34%
65%
$2,694/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$2,694/mo
$-414/mo
4.2%

City: Port Aransas