Last 24 Hours
$550,000
340 Twelfth, Port Aransas, TX, 78373
On Market
About this property
Rare opportunity to own an oversized parcel in Old Town. Two visions for this property: (A) Build one large coastal compound with potential upper-level ocean views. (B) Explore the option of subdividing into three individual lots. Utilities are already in place for 3 subdivided lots, creating a streamlined path for development. A prime location with outstanding potential for personal use, investment, or both. Rare opportunity in the Heart of Port A!!
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$0Estimated Mortgage Balance
$550,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month
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Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%