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$384,000

NAL Estimated Property Value

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

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,120 Sq Ft
price_per_sqft$290.18 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Washer
FlooringLaminate

Exterior

Private PoolPrivate Pool
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

This is a condominium. 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, makin git perfect for full-time living, a vacation getaway, or an income-producing rental. Enjoy the prime location, just steps away 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 two sparkling pools or covered grilling areas, perfect for relaxation and fun. With it's inviting coastal décor, open living spaces, and modern conveniences, this condo is ready to be your beachside escape. Don't miss this opportunity to town a piece of paradise!

Investor Tools

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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
$596/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

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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4901 State Highway 361 229 | Property Details | No Agent List