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$1,695,000

325 Mustang Blvd, Port Aransas, TX, 78373

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,755 Sq Ft
price_per_sqft$615.25 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Microwave, Dryer, Washer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesDeck, Dock
Lot Size9,017 sqft

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APN3732-0001-0040
Lot Number4
SubdivisionIsland Moorings Unit 5
Land UseResidential
Legal DescriptionISLAND MOORINGS UNIT 5 BLK 1 LOT 4
Census Tract005103
Assessed Land Value$738,164
Assessed Improvement Value$569,902
Assessment Year2025

About this property

Finally, a real waterfront value hits the market in Island Moorings! 325 Mustang Boulevard is a beautiful, well-maintained home that INCLUDES THE NEIGHBORING LOT, 317 Mustang Boulevard! Keep both and enjoy the greenspace and privacy the extra lot offers or expand and add more garage space, a guest house, a pool and cabana or whatever your heart desires. If you don't want or need all that land space, sell the extra lot or build your custom home there while you live in the existing home. The two lots offer a ton of bulkhead and dock space so bring your little boats, your big boats and all your water toys, too! Large, newly updated deck expands nearly the entire main lot. This beautiful home offers a ton of parking, a double garage, stucco siding, a tile roof, a newer a/c and pretty landscaping. The main level offers an open living area with built-ins, dining space with a large kitchen with island, a powder room, laundry room and garage access. The primary bedroom is downstairs and is HUGE - plenty of room for a sitting area or dog beds! The primary bath has his and hers walk-in closets, double vanity, soaking tub and separate shower. Upstairs is a spacious loft, two bedrooms with walk-in closets and a shared bathroom. The loft is so large, it could likely be another bedroom or bunkroom. This is an excellent opportunity and move-in ready. Sold with basic furnishings included. This price reflects an excellent value for today’s market.

Investor Tools

$54,290Estimated Mortgage Balance
$1,623,710Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,170 /month
Positive
Cash Flow Estimate:
$3,390 /month

Interested in this property?

Addie Belcher

Whitten Real Estate, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,542/month
$2,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,110
$1,308,066
2025
$738,164
$569,902
$1,308,066
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,110
$1,308,066

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amegy Mortgage Company Llc
Conventional
$407,200
No
First
Jul 30, 2012
Aug 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,290
$1,328,710
96%
3%
$0/mo

City: Port Aransas