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$152,000

NAL Estimated Property Value

1926 On The Beach Drive 435, Port Aransas, TX, 78373

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths316 Sq Ft
price_per_sqft$531.65 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesRefrigerator
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther
Lot Size1,045 sqft

Building Information

Year Built2005

Land Information

APN0547-0000-4023
SubdivisionBeach Gate Condo
Land UseResidential
Legal DescriptionBEACH GATE CONDO, BUILDING IV, UNIT 4023 AKA 423, 0.77% COMMON AREA INTEREST
Census Tract005103
Assessed Land Value$41,560
Assessed Improvement Value$97,877
Assessment Year2025

About this property

4.9% Interest Rate with Owner Financing and Only $20,000 Down! Beach ownership just became far more attainable. Take advantage of below-market seller financing on this coastal studio at Beachgate Condominiums—an ideal combination of personal beach retreat and income-producing investment just steps from the Gulf. Beachgate has welcomed returning vacationers for more than 20 years and remains a favorite destination for guests seeking a relaxed beachfront experience. Unit BG 435 offers strong rental potential year-round and is especially popular with winter visitors, making it both an enjoyable getaway and a smart investment opportunity. This coastal-inspired studio offers comfortable accommodations including a king bed and sofa sleeper, along with a coffee table, entry hall table, chest of drawers, nightstand, and bar-height dining table with seating for two. The kitchenette features granite countertops, refrigerator with small freezer, microwave, toaster, and coffee maker for easy beachside living. The bathroom includes granite surrounds with a shower/tub combination and a built-in hair dryer. NEW A/C Unit & T-Stat just installed. Located on the third floor with elevator access, the unit offers a partial view of the beach from the living area. Beachgate owners and guests enjoy resort-style amenities including two swimming pools (one heated), hot tub, shuffleboard court, fire pit, fish cleaning station, conference room, and private boardwalk to the beach. The HOA remains very reasonable and covers many monthly expenses including water, cable/wifi, trash, exterior maintenance, and access to all onsite amenities. With flexible owner financing and a below-market interest rate, this is a rare opportunity to secure an affordable place at the beach while also benefiting from vacation rental income potential.

Investor Tools

Property Icon
$152,000
Estimated Property Value
$0Estimated Mortgage Balance
$152,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,008 /month
Positive
Cash Flow Estimate:
$336 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
$142/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,568
$139,437
2025
$41,560
$97,877
$139,437
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,568
$139,437

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$152,000
100%
0%
$0/mo

City: Port Aransas

1926 On The Beach Drive 435 | Property Details | No Agent List