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$302,000

NAL Estimated Property Value

4903 State Highway 361 # 9, Port Aransas, TX, 78373

Off MarketInfo

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5,793 sqft

Land Information

APN1430-0000-0090
SubdivisionCasa La Playa Condominiums
Land UseResidential
Legal DescriptionCASA LA PLAYA CONDOMINIUMS UNIT 9 PLUS 5.5 % INT IN COM AREA
Census Tract006205
Assessed Land Value$162,036
Assessed Improvement Value$31,036
Assessment Year2025

About this property

BUILD FOR THE VIEW! The largest available lot in the boutique Casa La Playa community is your chance to create the ultimate island retreat. Nestled in a neighborhood of 16 custom townhouse-style condos, this lot offers endless possibilities for personal enjoyment or short-term rental investment. Located on the quiet side of the island, Casa La Playa provides easy golf cart access to the beach, making your coastal lifestyle effortless. Enjoy nearby dining at favorites like Lisabellas Bistro, Dillon’s Pizza, and the local coffee shop—all just a minute away. The low HOA ensures worry-free ownership, and amenities include a stunning lagoon-style pool, a serene pond, a beach, and golf cart path access. Your dream beach escape awaits!

Investor Tools

Property Icon
$302,000
Estimated Property Value
$150,060Estimated Mortgage Balance
$151,940Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,912
$193,072
2025
$162,036
$31,036
$193,072
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,912
$193,072

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encore Bank Na
Purchase Money Mortgage
$162,500
No
First
Mar 11, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,060
$151,940
50%
50%
$975/mo

City: Port Aransas

4903 State Highway 361 # 9 | Property Details | No Agent List