$225,000
1312 Sea Secret St, Port Aransas, TX, 78373
On Market
Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size5,009 sqft
Land Information
APN7986-0008-0050
Lot Number5-6
SubdivisionShibui Sands - Pa
Land UseResidential
Legal DescriptionSHIBUI SANDS-P A LTS 5 & 6 BLK 8
Census Tract005103
Assessed Land Value$272,802
Assessed Improvement Value$698
Assessment Year2025
About this property
Motivated Seller! Discover the perfect spot to build your dream home on this beautiful lot in Port Aransas! Located on the coveted beach side in the golf-cart-friendly zone, this property offers a prime location near the shore, ship channel, restaurants, and shopping. Just over 5000 sq. ft. means room for a pool. With access from two streets, enjoy the convenience of pull-through parking for your boat, RV, or vehicle. No HOA, private R-1 zoning (no short-term rentals).
Investor Tools
$113,951Estimated Mortgage Balance
$160,245Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,641 /month
Positive
Cash Flow Estimate:
$547 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,585
$273,500
2025
$272,802
$698
$273,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,585
$273,500
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Valuebank Texas
Stand Alone Refi (Refinance Of Original Loan)
$128,000
No
First
Aug 13, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,951
$159,549
58%
42%
$768/mo
