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$677,362

NAL Estimated Property Value

2727 S 11th St # 26, Port Aransas, TX, 78373

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths1,218 Sq Ft
price_per_sqft$573.89 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Dryer, Washer
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther
Lot Size5,924 sqft

Building Information

Year Built2016
Roof Type105

Land Information

APN5940-0000-0260
SubdivisionOcean Village Condominiums
Land UseResidential
Legal DescriptionOCEAN VILLAGE CONDOMINIUMS UNIT 26 PLUS 2.5641 % INT IN COM AREA
Census Tract005103
Assessed Land Value$200,997
Assessed Improvement Value$476,365
Assessment Year2025

About this property

New- restored wooden floors and interior paint. Updated Pictures coming soon.Discover a rare opportunity in Ocean Village—a beautifully furnished, income-producing coastal retreat affectionately known as “There is Money in the Banana Stand.” Located right next to the community pool for easy access and positioned on the scenic Catch & Release pond, this fun 4-bedroom, 3.5-bath home delivers the ideal blend of relaxation, comfort, and rental performance. Inside, you’ll find two primary bedrooms, each with a private bath and king-size bed, creating a perfect setup for multiple people. Additional sleeping arrangements include a bedroom with a full-over-queen bunk bed, another with a pair of bunkbeds, and even a hide-a-bed in the living room, maximizing guest capacity. Open floor plan in the living area adds an extra touch of fun for guests of all ages. Designed for effortless ownership, “There is Money in the Banana Stand” is being sold fully furnished, allowing for a seamless transition and continued success with renters already on the books. The outdoor oasis shines with easy access to the community pool and convenient half bath, and the spacious outside area is perfect for gatherings, picnics, yard games, or simply hanging out and enjoying the coastal breeze. Located in a well-established, golf-cart-friendly community just minutes to the beach, this coastal gem offers everything vacationers seek—comfort, water views, outdoor living, and easy access to all the fun of Port Aransas. Whether you’re seeking a high-performing short-term rental or a turnkey second home,There is Money in the Banana Stand truly lives up to its name.

Investor Tools

Property Icon
$677,362
Estimated Property Value
$0Estimated Mortgage Balance
$677,362Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,059/month
$2,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,327
$677,362
2025
$200,997
$476,365
$677,362
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,327
$677,362

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$677,362
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Port Aransas

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2727 S 11th St # 26 | Property Details | No Agent List