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$819,086

NAL Estimated Property Value

205 Five Oclock Way E, Port Aransas, TX, 78373

Off MarketInfo
Beds1 Beds
Baths3 Bath
Baths1,025 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$687.8 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 3Bathrooms 3

Exterior

Lot Size1,612 sqft

Building Information

Year Built2021
Stories2
Roof Type114

Land Information

APN1620-0000-0050
SubdivisionCinnamon Shore Homesite Condominiums
Land UseResidential Condominium
Legal DescriptionCINNAMON SHORE HOMESITE CONDOMINIUMS UNIT E PLUS 3.225 % INT IN COM AREA
Census Tract006205
Assessed Land Value$147,936
Assessed Improvement Value$671,150
Assessment Year2025

About this property

Your Coastal Retreat at Cinnamon Shore South! Have you been dreaming of owning your own charming getaway at Cinnamon Shore South—without the need for a large property or a million-dollar budget? This classy and cozy coastal cottage is the perfect fit! Thoughtfully designed features include one bedroom plus a versatile loft space that can be converted into a second bedroom, additional living area, office, or multipurpose room. The layout includes a half bath downstairs, a full bath off the loft, and an ensuite bath in the primary bedroom for ultimate convenience. Designer touches throughout the home include shiplap walls, built-in seating, plantation shutters, stylish lighting, custom tile work, and more. The chef’s kitchen is both stylish and functional, featuring an extra-large island, a gas range, a built-in microwave, coastal-inspired colors, and elegant pendant lighting. Enjoy the coastal breeze and friendly atmosphere while relaxing on the front patio. Just steps away, you’ll find the Neighborly Square Pool and a scenic lakeside pavilion. Private beach access is a short golf cart or bike ride away, where you can stroll the sandy shore and enjoy the ocean waves. Rent a golf cart on-site and explore Cinnamon Shore’s premier resort-style amenities, including coffee shops, dining, pools, and more. Whether you choose to keep this bungalow as your personal retreat or add it to the rental program for a fantastic investment, this is a rare opportunity you won’t want to miss! Furniture conveys with an acceptable offer.

Investor Tools

Property Icon
$819,086
Estimated Property Value
$0Estimated Mortgage Balance
$819,086Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,915 /month
Positive
Cash Flow Estimate:
$1,638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,166/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,901
$819,086
2025
$147,936
$671,150
$819,086
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,901
$819,086

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$819,086
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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205 Five Oclock Way E | Property Details | No Agent List