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$625,000

1400 Ross Ave, Port Aransas, TX, 78373

$668,803 ARVInfo
On MarketInfo
Baths1 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$416.67 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Half 1Bathrooms Half 1

Exterior

Lot Size10,585 sqft

Land Information

APN5488-0148-0043
Lot Number4C
SubdivisionMustang Island
Land UseResidential
Legal DescriptionMUSTANG ISLAND LT 4C BLK 148
Census Tract005103
Assessed Land Value$451,996
Assessed Improvement Value$72,000
Assessment Year2025

About this property

Rare Opportunity in Port Aransas for a 30'x50' metal building, with heat and air conditioning. This offers a home base while you build your Island Home with endless views of the Bay and Birding Sanctuary. An easy walk to the nature preserve paths and Community ballpark, dog park, swimming pool & pickleball courts. Water & sewer is already set up on the property and has a half bathroom with toilet and sink for convenience The building would be the perfect work space with air conditioning or heat depending on the time of year. What could be better than having a place like this to store your boat, fishing gear, island toys and RV. sewer hookups and 50 amp plug for your RV are a bonus. The garage door is 14'x16' and the building is 16 feet in height. Owner has preliminary house plans that he will give with an acceptable offer. Plenty of room for a swimming pool and area is zoned for short term rental. NO HOA!!!

Investor Tools

Property Icon
$619,000
Estimated Property Value
$144,000Estimated Mortgage Balance
$488,755Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$668,803
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

Interested in this property?

Christi Williams

Whitten Real Estate, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$855/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,161
$523,996
2025
$451,996
$72,000
$523,996
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,161
$523,996

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Valuebank Texas
Commercial
$144,000
No
First
Apr 1, 2021
Apr 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,245
$488,755
78%
21%
$864/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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1400 Ross Ave | Property Details | No Agent List