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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
price_per_sqft$687.8 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
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
$3,600/month
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

City: Port Aransas

205 Five Oclock Way E | Property Details | No Agent List