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$2,420,794

NAL Estimated Property Value

218 Lakeshore Dr, Port Aransas, TX, 78373

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,228 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$834.88 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size4,530 sqft

Building Information

Year Built2021
Stories2
Roof Type114
Garage Spaces1

Land Information

APN1616-0004-0140
Lot Number14
SubdivisionCinnamon Shore South Unit 1
Land UseResidential
Legal DescriptionCINNAMON SHORE SOUTH UNIT 1 BLK 4 LOT 14
Census Tract006205
Assessed Land Value$599,940
Assessed Improvement Value$1,820,854
Assessment Year2025

About this property

Custom lake front home located in the highly sought after community of Cinnamon Shore South in Port Aransas! Featuring 5 en-suite bedrooms with sleep accommodations up to 18, this home offers 2 primary suites, 1 king guest suite and 2 bunk suites. Experience the open concept floor plan with 2 separate living rooms and 2 primary suites with private access to the porch overlooking the lake on the 1st and 2nd floor. Luxury high end furnishings with custom details throughout the entire home, showcasing the fine attention to detail this home offers. Designed for entertaining, the open concept kitchen overlooking the living room and 2nd floor balcony is equipped with 2 dishwashers, beverage refrigerator, high end gas range and large island that will accommodate up to 6 and adjoining dining room with seating for 10. Unique opportunity to purchase a completed home in Cinnamon Shore South on the lake ,ready for move in and currently in the rental program generating income!

Investor Tools

Property Icon
$2,420,794
Estimated Property Value
$0Estimated Mortgage Balance
$2,420,794Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,170 /month
Positive
Cash Flow Estimate:
$5,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,557/month
$5,172/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$42,582
$2,420,794
2025
$599,940
$1,820,854
$2,420,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$42,582
$2,420,794

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,420,794
100%
0%
$0/mo

City: Port Aransas

218 Lakeshore Dr | Property Details | No Agent List