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$399,000

$499,000

401 E Cotter Ave, Port Aransas, TX, 78373

$518,700 ARVInfo
On MarketInfo
CommercialInfo
Price DropInfo
Baths1,260 Sq Ft
price_per_sqft$316.67 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Garage AvailableGarage Available

Exterior

Lot Size7,492 sqft

Building Information

Year Built2000
Garage Spaces400

Land Information

APN8731-0001-0010
Lot Number1
SubdivisionTexas Channel & Dock Sub - Pa
Land UseResidential
Legal DescriptionTEXAS CHANNEL & DOCK SUB - PA BLK 1 LOT 1
Census Tract005104
Assessed Land Value$463,450
Assessed Improvement Value$23,955
Assessment Year2025

About this property

COMMERCIAL PROPERTY WITH A GREAT LOCATION!! 401 E Cotter is located in the thick of all the action. With direct beach access down Cotter to the South Jetty and a quick walk to all downtown Port A has to offer! Functioning as a grandfathered trailer park, there are 3 park model trailers housing long term tenants. In the back of the property, a storage garage being used for personal storage but could also provide additional income. The seller has architectural designed plans showing a STR compound accommodating up to 24 people with a double garage, golf cart covered parking, pool (includes a splash deck), large covered outdoor kitchen/lounging area with separate ADA lodging. City approved parking to accommodate STRs. This is a unique opportunity!! Established income production with endless future possibilities!

Investor Tools

$0Estimated Mortgage Balance
$494,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$518,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month

Interested in this property?

Ryan Richter

Tarpon Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$795/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,073
$487,405
2025
$463,450
$23,955
$487,405
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,073
$487,405

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$494,000
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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