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Days52Days on Market
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$347,500

340 N Alister Street 7, Port Aransas, TX, 78373

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths396 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$877.53 / sqft
Year BuiltBuilt in 1937

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Oven, Electric Range, Free-Standing Range, Refrigerator
FlooringHardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size2,178 sqft

Building Information

Year Built1937

Land Information

APN0050-0000-0070
Land UseResidential Condominium
Legal Description340 N ALISTER ST CONDOMINIUMS UNIT 7 & 8.80% INT COMMON AREA
Census Tract005104
Assessed Land Value$134,079
Assessed Improvement Value$164,431
Assessment Year2025

About this property

Historic Gibbs Cottage — Downtown Port Aransas Step into Port Aransas history with this lovingly restored Gibbs cottage, completely redone to the studs while preserving its authentic 1940s interior character. This charming, compact unit lives larger than its footprint, perfectly positioned in a small, inviting complex just steps from restaurants, shops and the beach. Highlights One bedroom with queen bed (barn-style sliding door) plus pull-out sofa — flexible sleeping for guests or rental stays Kitchen remodeled to evoke the 1940s era: retro-style appliances, countertops and sink Original interior wood framing, floors and ceiling carefully preserved Fully tiled walk-in shower Generous exterior deck — great for grilling and relaxing after the beach Large grassy common area perfect for kids and pets Strong rental performance across the complex — excellent investment potential Low HOA fees that cover common area, trash, water and gas. Why you’ll love it These cottages tell the story of Port A life from another era while offering modern comfort and durable, historic craftsmanship. Prime downtown location makes this an ideal vacation rental, second home, or cozy coastal retreat. Act fast — a rare piece of Port Aransas history at a great price. Contact me to schedule a showing or request rental income details.

Investor Tools

$0Estimated Mortgage Balance
$298,510Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,085 /month
Positive
Cash Flow Estimate:
$695 /month

Interested in this property?

Cynthia Frank

Silver Sands Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,764
$298,510
2025
$134,079
$164,431
$298,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,764
$298,510

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$298,510
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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340 N Alister Street 7 | Property Details | No Agent List