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$812,000

NAL Estimated Property Value

420 Mermaid Tail Ln, Port Aransas, TX, 78373

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,219 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$730.11 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available

Exterior

Lot Size2,483 sqft

Building Information

Stories2
Roof Type114
Garage Spaces194

Land Information

APN6301-0005-0100
Lot Number10
Land UseInventory, Improved Residential
Legal DescriptionPALMILLA BEACH P.U.D. UNIT 6A BLK 5 LOT 10
Census Tract006205
Assessed Land Value$105,558
Assessed Improvement Value$415,525
Assessment Year2025

About this property

Situated in the Waters Edge community at Palmilla Beach, 420 Mermaid Tail is a charming Coral-Transitional Haven spanning 1,219 sq ft. This thoughtfully designed home features 2 bedrooms, 2.5 baths, and an inviting open-concept layout with a spacious kitchen and living area. The primary suite includes an ensuite bath, while the second bedroom offers ample space and an attached bathroom. Nestled on a middle lot with lush greenery, this residence is an ideal blend of comfort and coastal style. 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
$812,000
Estimated Property Value
$880,715Estimated Mortgage Balance
$812,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,340 /month
Positive
Cash Flow Estimate:
$1,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,670
$521,083
2025
$105,558
$415,525
$521,083
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,670
$521,083

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
Conventional
$890,000
No
First
Jun 6, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$880,715
N/A
0%
108%
$5,262/mo

City: Port Aransas

420 Mermaid Tail Ln | Property Details | No Agent List