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$649,000

NAL Estimated Property Value

406 Royal Palm Dr, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,380 Sq Ft
price_per_sqft$532.61 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck
Lot Size4,138 sqft

Building Information

Year Built2013
Roof Type105
Garage Spaces1

Land Information

APN0920-0000-0080
Lot Number8
SubdivisionMustang Island
Land UseResidential
Legal DescriptionBRATTON ADDITION LT 8
Census Tract005103
Assessed Land Value$227,145
Assessed Improvement Value$388,803
Assessment Year2025

About this property

Beachside Bungalow with Heated Pool! This 3-bdrm, 2-bath beach home with a garage could be your perfect vacay spot or cash flow machine! Located just blocks from the beach & all the Port A fun—think awesome eats, shopping & fishing. This place has everything you need for ultimate beach vibes. The private, gas-heated pool is perfect for year-round use so you can chill by the pool, grab drinks at the cool little outdoor bar, or fire up the BBQ any time of year. A fenced, covered patio space right next to the garage (hello, game room potential) is the perfect hangout spot for your crew. Upstairs the shaded balcony offers one more chill zone & welcomes you inside. The oversized great room's vaulted ceilings give an open & airy feel. Nicely finished kitchen includes quartz counters & stainless appliances with a breakfast bar & large dining area so you can host a crowd. Down the hall are 3 bedrooms including a fun bunk room that’s ready for all the kids or extra guests. The primary suite includes a dual vanity ensuite bath with a jumbo custom-tiled shower & dual shower heads. Two guest rooms share a hall bath. Plantation shutters throughout give an upscale feel. So many extras - fully furnished, cute & rental ready, heated pool, a garage for your golf cart, boat, beach toys or a game room, plus parking for 5 & no HOA. All this on the beach side of town just off 11th Street so you're a quick golf cart ride away from the beach, shopping, seafood spots & more! Whether you want a chill beach getaway or a solid rental producer, this spot's got all the right vibes with built-in $52k+/yr income.

Investor Tools

Property Icon
$649,000
Estimated Property Value
$526,190Estimated Mortgage Balance
$122,810Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,410 /month
Positive
Cash Flow Estimate:
$1,470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$978/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,490
$615,948
2025
$227,145
$388,803
$615,948
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,490
$615,948

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$534,000
No
First
Jun 19, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$526,190
$122,810
18%
81%
$3,202/mo

City: Port Aransas

406 Royal Palm Dr | Property Details | No Agent List