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$479,000

315 Oleander Street 2B, Port Aransas, TX, 78373

$622,700 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,469 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$326.07 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
FlooringConcrete, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size2,919 sqft

Building Information

Year Built2009
Stories2
Roof Type105

Land Information

APN5088-0000-0021
SubdivisionMercer Village Condominiums
Land UseResidential
Legal DescriptionMERCER VILLAGE CONDOMINIUMS UNIT 2B & 8.33% INT GCE
Census Tract005104
Assessed Land Value$93,888
Assessed Improvement Value$465,000
Assessment Year2025

About this property

Welcome to "SURF SHACK" your coastal oasis in Port Aransas's charming Old Town on Mustang Island! Nestled within walking distance to delectable restaurants, quaint shops, and the beloved Barefoot Beans coffee shop, this home offers the epitome of island living. LOW HOA fees for Port A! Step inside to discover a meticulously crafted interior adorned with coastal-inspired décor and ample natural light, creating an ambiance of relaxation and serenity. With modern amenities and cozy furnishings, every corner exudes warmth and comfort. Venture outside to your private paradise, where endless adventures await just a 3-minute golf cart ride away, whether you're craving sun-kissed sands at the beach, fishing at the Marina or boarding the Red Dragon Pirate cruise. Surf Shack is in the heart of Old Town Port A. All offers considered.

Investor Tools

$382,314Estimated Mortgage Balance
$176,574Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$622,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,353 /month
Positive
Cash Flow Estimate:
$1,118 /month

Interested in this property?

William Foster

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$838/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,265
$558,888
2025
$93,888
$465,000
$558,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,265
$558,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerifirst Financial Inc
Conventional
$412,500
No
First
Jun 24, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,314
$176,574
31%
68%
$2,474/mo

City: Port Aransas