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$2,195,000

206 Lakeshore Street, Port Aransas, TX, 78373

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths2,954 Sq Ft
price_per_sqft$743.06 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDouble Oven, Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run
Lot Size4,530 sqft

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APN1616-0004-0170
Lot Number17
SubdivisionCinnamon Shore South Unit 1
Land UseResidential
Legal DescriptionCINNAMON SHORE SOUTH UNIT 1 BLK 4 LOT 17
Census Tract006205
Assessed Land Value$599,940
Assessed Improvement Value$1,296,399
Assessment Year2025

About this property

“Lime in the Coconut” is a beautifully positioned lakefront home designed for effortless gathering, sold furnished and ready to enjoy. The bright, open-concept first floor brings kitchen, dining, and living spaces together into one seamless hub, with serene water views as the backdrop. Step onto the covered porch to enjoy quiet mornings, afternoon lounging, or relaxed evenings by the fire pit. The kitchen features high-end appliances and a generous island that makes cooking feel easy and social, while the adjacent lakeside patio—with its own dining table—offers a perfect setting for outdoor meals and relaxed evenings by the water. A first-floor bedroom provides a comfortable, stair-free retreat with easy access to the front porch. Upstairs, the primary king suite overlooks the lake and includes a private balcony and spa-inspired bath with soaking tub, walk-in shower, and spacious closet. A second king suite enjoys its own front-facing balcony and natural light, while an additional guest room and bunk room offer flexible, inviting spaces for family and friends. A dedicated workspace adds convenience, and a fenced dog run creates a simple outdoor area for pets. $74,002 gross rental income for 2025!

Investor Tools

$856,356Estimated Mortgage Balance
$1,039,983Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,170 /month
Positive
Cash Flow Estimate:
$4,390 /month

Interested in this property?

Jodi Peters

Cinnamon Shore Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,384/month
$6,850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,128
$1,896,339
2025
$599,940
$1,296,399
$1,896,339
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,128
$1,896,339

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arrowhead Bank
Commercial
$960,000
No
First
Sep 24, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$856,356
$1,039,983
54%
45%
$5,756/mo

City: Port Aransas

206 Lakeshore Street | Property Details | No Agent List