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$1,950,000

119 Oleander St, Port Aransas, TX, 78373

Under ContractInfo
CommercialInfo
Baths23,940 Sq Ft
price_per_sqft$81.45 / sqft
Year BuiltBuilt in 1982

Exterior

Lot Size1.39 acres

Land Information

APN8005-0001-0010
Lot Number1
SubdivisionShore Leave Addition
Land UseCommercial Improved
Legal DescriptionSHORE LEAVE ADDITION BLK 1 LOT 1
Census Tract005104
Assessed Land Value$1,816,440
Assessed Improvement Value$270,188
Assessment Year2025

About this property

OLD TOWN BOAT BARNS FOR SALE!! **Improved Price** Located in the heart of Port Aransas and sitting on close to 1.5 acres of Commercially Zoned property, these income producing units are now available! Offering 2 street frontages at the corner of Oleander and Bujan, the property has a total of 66 boat barns ranging in size from 12x26' - 14x32'. As is, the units return around 165k in income annually. Scrape the barns, and endless options are feasible from residential development to commercial options. This is a chance to be the third party to own these barns in over 40 years! THE RARE & ULTIMATE OPPORTUNITY AWAITS at 119 Oleander!!

Investor Tools

$0Estimated Mortgage Balance
$2,086,628Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,520 /month
Positive
Cash Flow Estimate:
$4,173 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,937/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,815
$2,086,628
2025
$1,816,440
$270,188
$2,086,628
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,815
$2,086,628

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,086,628
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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119 Oleander St | Property Details | No Agent List