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Days69Days on Market
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$2,900,000

3030, 3034 & 3038 On The Beach, Port Aransas, TX, 78373

On MarketInfo
CommercialInfo
Baths0 Bath
Baths5,013 Sq Ft
IndustrialIndustrial
price_per_sqft$578.5 / sqft
Year BuiltBuilt in 1962

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,405 sqft

Building Information

Roof Type105

Land Information

APN5488-0016-0020
Lot Number2-15
SubdivisionMustang Island
Land UseApartment
Legal DescriptionMUSTANG ISLAND LT 2- 15'X100' & 50'X118' BLK 16
Census Tract005103
Assessed Land Value$175,687
Assessed Improvement Value$36,837
Assessment Year2025

About this property

LOCATION!! LOCATION!! LOCATION!! What an opportunity to own the historic Sandollar Sity! Recently renovated and fully operational the Sandollar Sity is located ON THE BEACH in Port Aransas on Mustang Island. It consists of 2.5 acres with 3 houses, onsite office & laundry, outdoor seating areas, grilling area, and more. Zoned for short-term rentals (TR-3) this property has been owned and managed by the same family for the past 35+ years! There are a total of 10 units between the 3 houses, with established rental income! The A-frame house on the right is 3 bedrooms and 2 baths with a wood finish out. The left house has the office, laundry/work room, outdoor shower, an efficiency, three - 1 bedroom 1 bath units and a 2 bedroom 2 bath unit. The back house has two efficiencies, and two - 2 bedroom, 2 bath units. Total living area for all 10 units is 5,013 sqft. Sold mostly furnished. Water well and septic is onsite and in use, plus city natural gas. Access is directly from the beach and all units have unobstructed views of the beach and Gulf of Mexico! Property lies within the Coastal Protection Overlay Zone. Don't Miss The Boat on this RARE opportunity!

Investor Tools

$0Estimated Mortgage Balance
$212,524Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,400 /month
Positive
Cash Flow Estimate:
$5,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,732
$212,524
2025
$175,687
$36,837
$212,524
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,732
$212,524

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$212,524
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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3030, 3034 & 3038 On The Beach | Property Details | No Agent List