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$289,000

4901 State Highway 361 229, Port Aransas, TX, 78373

$311,585 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,120 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$258.04 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Dryer, Washer
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck
Lot Size4,356 sqft

Building Information

Year Built1979
Roof Type172

Land Information

APN2274-0000-0229
SubdivisionEl Cortez Villas
Land UseResidential
Legal DescriptionEL CORTEZ VILLAS, BUILDING L, UNIT 229, 1.931% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$121,772
Assessed Improvement Value$257,522
Assessment Year2025

About this property

Experience the ultimate coastal retreat in this fully furnished 2-bedroom, 2-bathroom condo at the sought-after El Cortez Condominiums in Port Aransas! Nicely remodeled with a private balcony to enjoy the gulf breezes. This turnkey property comes complete with everything you need, including a washer and dryer, making it perfect for full-time living, a vacation getaway, or an income-producing rental. Enjoy the prime location just steps from the beach, with a private golf cart accessible boardwalk leading directly to the sandy shores of the Gulf. When you're not soaking up the sun, take advantage of the two sparkling swimming pools or covered grilling areas, perfect for relaxation and fun. With its inviting coastal décor, open living spaces, and modern conveniences, this condo is ready to be your beachside escape. Don’t miss this opportunity to own a piece of paradise!

Investor Tools

$0Estimated Mortgage Balance
$384,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$311,585
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,304 /month
Positive
Cash Flow Estimate:
$768 /month

Interested in this property?

Marnie Pate

Coldwell Banker Island Escapes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
$505/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,818
$379,294
2025
$121,772
$257,522
$379,294
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,818
$379,294

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$384,000
100%
0%
$0/mo

City: Port Aransas