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$265,000

230 Cut Off Road 122, Port Aransas, TX, 78373

$283,003 ARVInfo
Under ContractInfo
Beds2 Beds
Baths1 Bath
Baths939 Sq Ft
price_per_sqft$282.22 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Free Standing Range, Microwave
FlooringOther

Exterior

Private PoolPrivate Pool
Exterior FeaturesHot Tub Spa
Lot Size1,089 sqft

Building Information

Year Built1983
Roof Type105

Land Information

APN0216-0006-0122
SubdivisionAransas Harbors Condo
Land UseResidential
Legal DescriptionARANSAS HARBORS CONDO, BUILDING F, UNIT 122, 1.1049% COMMON AREA INTEREST
Census Tract005103
Assessed Land Value$35,424
Assessed Improvement Value$280,437
Assessment Year2025

About this property

First-floor condo is located in the back of the complex, right across from the shared pool/hot tub. The back entrance leads to an open and inviting living and kitchen area. The living room has ample seating for gathering guests with a plush sofa that also folds into a queen bed, a loveseat that folds into a full-size bed, a chair that folds into a twin bed, a TV, cable, and WIFI. The kitchen is furnished with granite countertops, new stainless steel appliances, both a Keurig and a regular coffee maker, dishes, basic pots, pans, and utensils for preparing fresh meals. Sit down to eat at the dining table with seating for four. The guest room (BR1) contains a Full bed, a chest, a closet, a nightstand, and a wall-mounted TV. The master bedroom (BR2) is comprised of a Queen bed, nightstands, dresser, chest, closet, and TV. The shared bathroom at the end of the hall is made up of double vanities separate from the tub/shower unit, so everyone has space to get ready. The washer and dryer are tucked neatly in a closet inside the bathroom for use during your stay. Take advantage of the charcoal grills for quick hot dogs, cooling off in the shared pool, or unwinding in the hot tub. The Marina and Ferry are within walking distance to watch the dolphins. Shops, restaurants, and nightlife are 0.5 miles away, and it is a quick 1.3 miles to the beach.

Investor Tools

$333,058Estimated Mortgage Balance
$942Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$283,002
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
$487/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,112
$315,861
2025
$35,424
$280,437
$315,861
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,112
$315,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$169,000
No
First
Jul 24, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,058
$942
0%
100%
$2,028/mo

City: Port Aransas

230 Cut Off Road 122 | Property Details | No Agent List