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$937,000

NAL Estimated Property Value

408 Mermaid Tail Lane, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$815.28 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available

Exterior

Lot Size2,483 sqft

Building Information

Stories2
Garage Spaces169

Land Information

APN6301-0005-0070
Lot Number7
Land UseInventory, Improved Residential
Legal DescriptionPALMILLA BEACH P.U.D. UNIT 6A BLK 5 LOT 7
Census Tract006205
Assessed Land Value$105,558
Assessed Improvement Value$454,526
Assessment Year2025

About this property

408 Mermaid Tail is a captivating Seaglass-Traditional retreat nestled within the Waters Edge community. Spanning 1,348 square feet, this exquisite residence offers 3 bedrooms and 3.5 baths. Upstairs, you’ll find the primary and second bedrooms, while downstairs hosts the kitchen, living room, and a charming bunk room, providing ample space for relaxation and entertainment. Positioned near a park and backing up to an open space, this home offers serenity and privacy. Palmilla Beach offers luxurious amenities, including poolside dining, Reds Patio Bar, The Black Marlin, the Oasis Pool with a swim-up bar, a VIP beach experience, golf, fitness facilities, and walking trails. Exciting additions like the Town Center, Waters Edge Boathouse, and pickleball courts are just the beginning of what's to come.

Investor Tools

Property Icon
$937,000
Estimated Property Value
$0Estimated Mortgage Balance
$937,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,594 /month
Positive
Cash Flow Estimate:
$2,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,357
$560,084
2025
$105,558
$454,526
$560,084
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,357
$560,084

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$937,000
100%
0%
$0/mo

City: Port Aransas

408 Mermaid Tail Lane | Property Details | No Agent List