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$1,500,000

NAL Estimated Property Value

308 Horse Tail Ln, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths2,340 Sq Ft
price_per_sqft$681.62 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size3,615 sqft

Building Information

Stories2
Garage Spaces1

Land Information

APN6302-0001-0270
Lot Number27
Land UseSingle Family Residential
Legal DescriptionPALMILLA BEACH P.U.D. UNIT 6B BLK 1 LOT 27
Census Tract006205
Assessed Land Value$238,590
Assessed Improvement Value$961,380
Assessment Year2025

About this property

308 Horse Tail Lane is a custom-built home by Sterling Coastal Homes, located in Waters Edge with views of green space and walking trails. This 2,340 sq ft, two-story home features 3 bedrooms and 4.5 bathrooms. The open-concept layout includes a gourmet kitchen with premium appliances, a bright living area, and high-end finishes throughout. The master suite offers an en-suite bathroom and spacious closet, while two additional bedrooms each have their own en-suite. A game room and bunk area add extra space for fun and relaxation. Can be sold furnished or unfurnished. Palmilla Beach offers luxurious amenities, including poolside dining, Reds Patio Bar, The Black Marlin, the Oasis Pool with a swim-up bar, a VIP beach experience, golf, fitness facilities, and walking trails. Exciting additions like the Town Center, Waters Edge Boathouse, and pickleball courts are just the beginning of what's to come.

Investor Tools

Property Icon
$1,500,000
Estimated Property Value
$746,748Estimated Mortgage Balance
$753,252Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,570 /month
Positive
Cash Flow Estimate:
$3,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,071/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,354
$1,199,970
2025
$238,590
$961,380
$1,199,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,354
$1,199,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Na
Conventional
$750,000
No
First
Jan 15, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$746,748
$753,252
50%
50%
$4,497/mo

City: Port Aransas

308 Horse Tail Ln | Property Details | No Agent List