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$550,000

NAL Estimated Property Value

429 E White Ave, Port Aransas, TX, 78373

$560,360 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$505.06 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size4,879 sqft

Building Information

Year Built2006
Roof Type183

Land Information

APN2087-0000-0200
Lot Number20-21
SubdivisionDierlam A Sur #1 - Pa
Land UseResidential
Legal DescriptionDIERLAM A SUR NO 1-P A LTS 20 & 21
Census Tract005104
Assessed Land Value$217,516
Assessed Improvement Value$235,932
Assessment Year2025

About this property

Recent complete renovation ....all the details done for you! Classic & ideal location in Old Town. Short term rentals allowed & income reports on hand! Built old school frame by frame on slab foundation! This homesite will surprise you will ample space to spread out inside & out...room for a pool, putting green, or just enjoy the shaded backyard after a day at the beach! Rest in the bunk beds or in the master suite after shower in spa-like bathroom! The sky's the limit with this property to enjoy the beach life full time or invest in your very own vacation rental--either way you will reap the benefits! Port Aransas awaits...everyone will love calling it home! Oh and plenty of room to park your golf cart!

Investor Tools

Property Icon
$550,000
Estimated Property Value
$289,430Estimated Mortgage Balance
$260,570Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$560,359
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,030
$453,448
2025
$217,516
$235,932
$453,448
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,030
$453,448

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$314,000
No
First
Feb 15, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,430
$260,570
47%
53%
$1,883/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,883/mo
+$67/mo
4.3%

City: Port Aransas

429 E White Ave | Property Details | No Agent List