Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,499,000

320 S Shore Drive, Port Aransas, TX, 78373

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,139 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$700.79 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
FlooringLuxury Vinyl Plank, Tile

Exterior

Lot Size3,441 sqft

Building Information

Year Built2022
Stories2

Land Information

APN1621-0008-0010
Lot Number1
SubdivisionCinnamon Shore South Unit 4a
Land UseResidential
Legal DescriptionCINNAMON SHORE SOUTH UNIT 4A BLK 8 LOT 1
Census Tract006205
Assessed Land Value$224,900
Assessed Improvement Value$1,009,926
Assessment Year2025

About this property

"The Gathering Place" a cottage-style beach home graces a corner lot at Cinnamon Shore South, an enviable spot at the seaside village elevating beach life in TX! With plentiful parking and just one neighboring home, this home sits close to Glow Pool & Fitness Center and across the dog park—a treat for pet lovers. Inside, open-concept living pairs a galley kitchen with a shutter- and banquet-lined dining area and a cozy den. A downstairs queen suite leans into driftwood style. Upstairs, a second den opens to a balcony w/ village views, a shiplap wall accents the king primary suite with soaker tub & shower, and the bunk room offers its own private balcony. A 2nd-floor queen suite invites more guests. Enjoy multiple porches and balconies, including a rear porch great for cookouts. Contemporary styling brings beachy neutrals, furnishings included—all at an attractive price. From here, it's a stroll to South Town Lake and the future Dos Bocas at South Town Sq. And at Cinnamon Shore, the beach is never far away. Proven rental history with nearly $75K in rental bookings already this year.

Investor Tools

$916,982Estimated Mortgage Balance
$597,018Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,084 /month
Positive
Cash Flow Estimate:
$3,028 /month

Interested in this property?

Jodi Peters

Cinnamon Shore Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,087/month
$6,850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,475
$1,234,826
2025
$224,900
$1,009,926
$1,234,826
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,475
$1,234,826

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Building Or Construction Loan
$993,000
No
First
Jun 1, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$916,982
$597,018
39%
61%
$5,954/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$12,804/mo
$-10,524/mo
1.8%

City: Port Aransas