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$750,000

252 Lakeshore Street, Port Aransas, TX, 78373

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5,227 sqft

Land Information

APN1616-0004-0020
Lot Number2
SubdivisionCinnamon Shore South Unit 1
Land UseResidential
Legal DescriptionCINNAMON SHORE SOUTH UNIT 1 BLK 4 LOT 2
Census Tract006205
Assessed Land Value$546,840
Assessment Year2025

About this property

Create the coastal oasis of your dreams on this prime, homesite at Cinnamon Shore South! Checking all your wish-list boxes, this 50.42’ x 103.3’ lot offers beautiful sightlines toward the Gulf, convenient beach access & countless resort-style amenities. Located in the most desirable community on the Texas Coast, this blank-slate parcel invites you to build a retreat tailored to your unique style and needs. Enjoy the proximity to South Town Lake + walkable access to luxe pools, landscaped parks, and, of course, the beach! The community’s three, private dune crossovers take you easily to view and enjoy the sand and sea. Why settle for someone else’s vision of paradise when the opportunity to design a custom heirloom haven awaits? Now’s the time to invest in coastal property!

Investor Tools

$361,087Estimated Mortgage Balance
$202,913Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /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
$905/month
$6,850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,035
$546,840
2025
$546,840
N/A
$546,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,035
$546,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Commercial
$400,000
No
First
Apr 28, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,087
$202,913
35%
64%
$2,399/mo

City: Port Aransas

252 Lakeshore Street | Property Details | No Agent List