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$294,000

4901 State Highway 361 125, Port Aransas, TX, 78373

$382,200 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths937 Sq Ft
price_per_sqft$313.77 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Dryer, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLandscaping
Lot Size3,746 sqft

Building Information

Year Built1979
Roof Type172

Land Information

APN2274-0000-0125
SubdivisionEl Cortez Villas
Land UseResidential
Legal DescriptionEL CORTEZ VILLAS, BUILDING K, UNIT 125, 1.653% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$104,244
Assessed Improvement Value$215,478
Assessment Year2025

About this property

Welcome to El Cortez Villas, where coastal living comes easy! Cruise to the beach by golf cart, fire up the grill in the community cooking area, swim in the community pool and enjoy the beautifully maintained green spaces. Unit 125 offers 2 bedrooms, 2 bathrooms, and private outdoor spaces perfect for unwinding after a day on the water. This well-cared-for condo features a fully stocked kitchen that opens seamlessly to the living area, in-unit laundry, and comes fully furnished with charming coastal décor. Convenient ground-floor access and a beach boardwalk just a short walk away make this an ideal retreat for beach lovers, anglers, or anyone seeking a laid-back island lifestyle. With boat parking only steps from your door, this coastal gem is ready for its next owner—Don't Miss The Boat! HOA dues: $505.19/month. 2026 Annual HOA Insurance: $3,059.56.

Investor Tools

$101,076Estimated Mortgage Balance
$232,924Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$382,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month

Interested in this property?

Christopher Shanklin

Mark Grosse Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
$505/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,656
$319,722
2025
$104,244
$215,478
$319,722
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,656
$319,722

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank
Purchase Money Mortgage
$124,000
No
First
Jul 18, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,076
$232,924
69%
30%
$744/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.

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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