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$364,000

NAL Estimated Property Value

4901 State Highway 361 126, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,127 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$394.85 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4,835 sqft

Building Information

Year Built1979
Stories2
Roof Type172

Land Information

APN2274-0000-0126
SubdivisionEl Cortez Villas
Land UseResidential
Legal DescriptionEL CORTEZ VILLAS, BUILDING K, UNIT 126, 2.146% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$135,324
Assessed Improvement Value$210,237
Assessment Year2025

About this property

Discover the perfect island getaway at El Cortez on Mustang Island, just three miles south of Port Aransas and a short walk to the beach. This beautifully designed two-story condo features an open floor plan and stylish ocean-inspired décor. The inviting living room offers cozy seating and a wall-mounted TV, while the fully equipped kitchen with Corian countertops and stainless steel appliances makes meal prep easy. Enjoy your morning coffee on the private patio with refreshing ocean breezes. The main-floor primary bedroom includes a King bed, ample storage, and an ensuite bath with a tiled tub/shower and full-size stackable washer and dryer. Upstairs, the loft-style bedroom offers a Twin-over-Full bunk and a Queen bed, while the third bedroom features a King bed and an ensuite bath with a tiled shower. Step onto the private balcony to relax with peaceful pond views. El Cortez amenities include a golf cart-accessible boardwalk to the beach, a shared pool just steps away, and covered grilling areas. Located next to Cinnamon Shore and minutes from downtown Port Aransas, you’ll be close to restaurants, shopping, nightlife, fishing charters, and golf. Whether you’re seeking relaxation or adventure, this Mustang Island retreat has it all.

Investor Tools

Property Icon
$364,000
Estimated Property Value
$0Estimated Mortgage Balance
$364,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,246
$345,561
2025
$135,324
$210,237
$345,561
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,246
$345,561

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$364,000
100%
0%
$0/mo

City: Port Aransas

4901 State Highway 361 126 | Property Details | No Agent List