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A+
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$340,000

1924 On The Beach Drive 535, Port Aransas, TX, 78373

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths737 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$373 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1

Exterior

Lot Size2,396 sqft

Building Information

Year Built2005

Land Information

APN0547-0000-5024
SubdivisionBeach Gate Condo
Land UseResidential
Legal DescriptionBEACH GATE CONDO, BUILDING V, UNIT 5024 AKA 524, 1.78% COMMON AREA INTEREST
Census Tract005103
Assessed Land Value$96,080
Assessed Improvement Value$218,920
Assessment Year2025

About this property

GULF VIEWS! The address says it all - truly ON THE BEACH! Enjoy front row seats to Texas Sandfest from this beachfront condo location! Nicely appointed top-floor unit with one bedroom, one bath, and sleeper sofas to accommodate 6 people with LOW HOA dues of only $326/month! Elevator access! Both front entry deck and covered balcony have beautiful Gulf views. Step outside to one of two swimming pools, soak in the hot tub, sit by the fire pit, or skip directly on to the beach to enjoy the surf and waves! Fish cleaning, laundry, shuffleboard, washers, and vending also onsite. In-town location within golf cart range of restaurants, shops, marinas, and Mustang Beach airport, too! Established vacation rental - earn income while you're not enjoying it yourself. Beachgate Condos has been managed by the same caring, onsite management team for over 15 years. Don't Miss the Boat!

Investor Tools

Property Icon
$340,000
Estimated Property Value
$0Estimated Mortgage Balance
$218,124Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,640
$315,000
2025
$96,080
$218,920
$315,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,640
$315,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M & T Bank
Conventional
$160,500
No
First
Mar 6, 2015
Apr 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,876
$218,124
64%
36%
$0/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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1924 On The Beach Drive 535 | Property Details | No Agent List