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$668,585

434 Oleander 3, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,461 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$455.17 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available

Exterior

Lot Size2,788 sqft

Building Information

Stories3

Land Information

APN6313-0011-0030
Land UseResidential Condominium
Legal DescriptionTHE PALMS AT OLD TOWN CONDOMINIUMS UNIT 3 & 1/11TH % OF COMMON ELEMENTS
Census Tract005104
Assessed Land Value$88,582
Assessed Improvement Value$580,003
Assessment Year2025

About this property

Discover The Palms at Old Town, a boutique, 11-unit detached condominium community nestled in the heart of Port Aransas. This stunning new construction is ideally located within walking distance to the marina, popular restaurants, and local shopping, with short-term rentals allowed for maximum flexibility. Unit #3 is a spacious 3-story, 3-bedroom, 3.5-bathroom home designed for both comfort and style. The first floor features a guest bedroom with a full bath, offering privacy and convenience. The second floor showcases an open-concept living area with a sleek kitchen, dining space, living room, utility room, and a convenient powder room. On the third floor, you'll find two well-appointed bedrooms, each with its own en suite bath. The modern kitchen is equipped with a large island, solid surface countertops, stainless steel appliances, and flows seamlessly into the living area. Throughout the home, you'll enjoy luxury vinyl plank flooring and stylish accent walls. Additional highlights include impact-resistant doors and windows, a complete suite of appliances (refrigerator, dishwasher, range, microwave, and washer/dryer), energy-efficient spray foam insulation, ample on-site parking, and access to a community pool. With low HOA dues of just $300/month, which covers water, cable, internet, and maintenance of the grounds and common areas, this property offers both value and convenience. Whether you're seeking a private retreat or an investment opportunity, The Palms at Old Town is the perfect place to enjoy the best of Port Aransas. Schedule a showing today!

Investor Tools

Property Icon
$668,585
Estimated Property Value
$0Estimated Mortgage Balance
$36,139Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,012 /month
Positive
Cash Flow Estimate:
$1,337 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$668,585
2025
$88,582
$580,003
$668,585
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$668,585

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$642,805
No
First
May 8, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$632,446
$36,139
5%
95%
$3,854/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.

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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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434 Oleander 3 | Property Details | No Agent List