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$830,000

4885 S State Hwy 361 Street H, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,654 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$483.07 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available

Exterior

Lot Size2,744 sqft

Building Information

Year Built2021
Garage Spaces650

Land Information

APN2131-0000-0080
SubdivisionDorado Dunes Beach Club Condominiums
Land UseResidential
Legal DescriptionDORADO DUNES BEACH CLUB CONDOMINIUMS UNIT H PLUS 9.277 % INT IN COM AREA
Census Tract006205
Assessed Land Value$76,729
Assessed Improvement Value$753,271
Assessment Year2025

About this property

The Dorado Dunes Beach Club 11-unit detached condominium project is a highly sought-after property designed by renowned architect Ken Bentley. Located in a prime beach access location directly adjacent to Cinnamon Shore North, this community offers convenient beach golf cart access and a heated community pool for year-round enjoyment. The unit is beautifully furnished with high-end furnishings and Kitchen-Aid appliances. It features a private fenced artificial turf yard with a cocktail pool and grill, an outdoor kitchen, and an upstairs wet bar off the kitchen, perfect for entertaining guests and families. With 3 bedrooms, including a bunk room and 3 full baths, there is plenty of space for everyone. The property allows short-term rentals, making this your ideal Port Aransas investment opportunity. Low HOA dues also provide this beach club with the perfect combination of luxury and affordability.

Investor Tools

Property Icon
$830,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,980 /month
Positive
Cash Flow Estimate:
$1,660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,671
$830,000
2025
$76,729
$753,271
$830,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,671
$830,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank
Commercial
$688,000
No
First
Feb 17, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,179,218
N/A
0%
142%
$7,329/mo

Learn About the Market: Opportunity in Texas

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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.

Explore Texas Explore This Area
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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4885 S State Hwy 361 Street H | Property Details | No Agent List