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$299,999

112 Lily Pond Ln, Port Aransas, TX, 78373

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5,489 sqft

Land Information

APN6301-0001-0050
Lot Number5
Land UseVacant Lots & Tracts
Legal DescriptionPALMILLA BEACH P.U.D. UNIT 6A BLK 1 LOT 5
Census Tract006205
Assessed Land Value$362,010
Assessment Year2025

About this property

Welcome to your slice of paradise at Waters Edge in Palmilla Beach, Mustang Island’s premier coastal community. This courtyard garden homesite offers the perfect opportunity to design your dream retreat with the assistance of approved architects and builders. Nestled within a breathtaking 165-acre master-planned community, Waters Edge harmoniously blends classic coastal architecture with native landscapes, lush greenways, and serene waterways. Residents enjoy seamless access to Palmilla’s luxurious amenities, including two indulgent pools with private cabanas and chair-side food and beverage service—the Oasis Pool features lagoons, a zero-slope entry, a giant splash pad, and the only swim-up bar in Port Aransas, while the Seaside Pool is heated for year-round relaxation. Dining options abound with venues like Reds Patio Bar, Palmilla Beach Coffee, Skipjacks at the Oasis, and the signature Black Marlin restaurant offering fresh seafood and thick steaks. The community boasts manicured parks perfect for gatherings, a state-of-the-art fitness center equipped with Peloton and Echelon machines open 24/7, and a private boardwalk—the Whispering Dunes crossover—providing direct access to the beach. Palmilla delivers a VIP beach experience with attendants preparing comfy chairs, setting up umbrellas, offering menus, and delivering chef-prepared meals right to your spot on the sand. Golf enthusiasts will appreciate the only True-Links style course in Texas, originally designed by Arnold Palmer, featuring 9 holes, a driving range, a putting green, and “The Loop,” a 3-hole short course. Additional amenities include a gift and pro shop, the Palmilla Beach Market for upscale snacks and beverages, and dedicated guest services to assist with reservations and activities. With planned additions like a lake boathouse, resort-style pools, nature trails, verdant parks, and a vibrant Town Center, Waters Edge offers an unparalleled coastal living experience.

Investor Tools

$263,942Estimated Mortgage Balance
$98,068Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

Interested in this property?

Brianna Myers

Keller Williams Coastal Bend

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,654
$362,010
2025
$362,010
N/A
$362,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,654
$362,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Purchase Money Mortgage
$281,250
No
First
Dec 16, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,942
$98,068
27%
73%
$1,687/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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