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$361,000

NAL Estimated Property Value

4901 State Highway 361 123, Port Aransas, TX, 78373

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths988 Sq Ft
price_per_sqft$278.34 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Refrigerator, Dryer, Washer
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size3,920 sqft

Building Information

Year Built1979

Land Information

APN2274-0000-0123
SubdivisionEl Cortez Villas
Land UseResidential
Legal DescriptionEL CORTEZ VILLAS, BUILDING J, UNIT 123, 1.741% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$109,788
Assessed Improvement Value$227,452
Assessment Year2025

About this property

Escape to easygoing coastal living with this 2-bedroom, 2-bath condo at El Cortez in Port Aransas. Tucked into a well-maintained beachside community, this fully furnished unit offers an effortless blend of comfort and convenience—perfect for full-time living, a weekend getaway, or a solid investment property. Inside, you’ll find an open-concept layout with plenty of natural light and room to relax. The split-bedroom design gives everyone space and privacy, and both bedrooms have access to full bathrooms, making it ideal for hosting friends, family, or guests. Step outside to your private patio to enjoy morning coffee, evening breezes, or a quiet spot to unwind after a day on the beach. Located just a short drive from restaurants, shops, and the heart of town—and right next to Cinnamon Shore North—you’ll enjoy a peaceful, beachside setting with easy access to everything Port Aransas has to offer. Whether you’re looking for a relaxing retreat or a great rental opportunity, this El Cortez condo delivers the best of coastal living.

Investor Tools

Property Icon
$361,000
Estimated Property Value
$118,572Estimated Mortgage Balance
$242,428Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,166 /month
Positive
Cash Flow Estimate:
$722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,854
$337,240
2025
$109,788
$227,452
$337,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,854
$337,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$136,875
No
First
Jul 16, 2019
Jul 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,572
$242,428
67%
33%
$821/mo

City: Port Aransas

4901 State Highway 361 123 | Property Details | No Agent List