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$791,000

NAL Estimated Property Value

240 Social Circle 8-102, Port Aransas, TX, 78373

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,140 Sq Ft
price_per_sqft$565.79 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLandscaping
Lot Size741 sqft

Building Information

Year Built2021

Land Information

APN1625-0000-0102
Land UseResidential Condominium
Legal DescriptionCS III CONDOMINIUS UNIT 8-102 PLUS 3.11 % INT IN COM AREA
Census Tract006205
Assessed Land Value$64,167
Assessed Improvement Value$703,213
Assessment Year2025

About this property

Front-row seats to Cinnamon Shore’s vibrant Town Center! Perfectly positioned on the first floor and just steps from the Great Lawn, this charming condo puts you at the center of concerts, events, and community gatherings. Enjoy all the excitement from the comfort of your covered front porch, where a pair of inviting swing chairs offer the perfect spot to relax and take in the activity. Known as “Retro Retreat,” this fully furnished residence is ideally located in the heart of Cinnamon Shore and offers an exceptional opportunity as a personal beach getaway, income-producing investment, or both. Inside, coastal finishes including shiplap accent walls, wood flooring, and a crisp white kitchen with a striking marine-blue herringbone backsplash create a bright and welcoming atmosphere. The open-concept living, dining, and kitchen spaces are designed for effortless entertaining and everyday comfort. The spacious king suite overlooks Town Center, while a guest bedroom and hall bath provide comfortable accommodations for family and friends. Beyond your front porch, you’ll enjoy easy access to the beach, resort-style pools, dining, shopping, and all the amenities that make Cinnamon Shore one of the Texas Coast’s most sought-after destinations. Dedicated parking is conveniently located along the palm-lined street behind the building. A proven performer in the rental program, this popular property earned approximately $80,000 in rental income in 2025, is loaded with 2026 bookings and boasts outstanding guest reviews. This could be the 1031 exchange property that makes the most sense! Owner financing is also a possibility, so contact your agent before this one gets away!

Investor Tools

Property Icon
$791,000
Estimated Property Value
$0Estimated Mortgage Balance
$791,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,746 /month
Positive
Cash Flow Estimate:
$1,582 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,224/month
$793/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,735
$767,380
2025
$64,167
$703,213
$767,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,735
$767,380

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$791,000
100%
0%
$0/mo

City: Port Aransas