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$220,793

NAL Estimated Property Value

4903 State Highway 361 Unit 207, Port Aransas, TX, 78373

Off MarketInfo
Baths1 Bath
Baths459 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$347.49 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,786 sqft

Building Information

Year Built1984
Roof Type172

Land Information

APN1424-0000-0207
SubdivisionCasa Del Cortes Condo
Land UseResidential
Legal DescriptionCASA DEL CORTES CONDO UNIT 207 BLDG 0 PLUS 1.122 % INT IN COM AREA
Census Tract006205
Assessed Land Value$50,361
Assessed Improvement Value$170,432
Assessment Year2025

About this property

Tucked snugly along the Port Aransas coast, rubbing elbows w/ Cinnamon Shore North, the Casa on the Beach complex has been renovated, offering fine beach front living. This efficiency unit is sparkling clean w/ barely any wear & tear, boasting shiny new tile floors, fresh paint, snazzy fixtures, modern appliances, impact patio doors, trendy tile backsplash, sleek granite countertops, cool AC, & charming shiplap details! With a view of the pool & hot tub, the patio is the ideal spot to keep an eye on your munchkins having a blast in the summer sun! The beach is steps away, so dipping your toes in the ocean is easy! On top of that, the complex has laundry facilities & an on-site management team, including maintenance personnel. Supplement holding costs with rental income while a reasonable HOA fee keeps holding costs low. Sold FULLY FURNISHED & RENTAL READY, this condo is TURNKEY. Better move quick because this coastal charmer won't last long, SO HURRY, DON'T MISS THE BOAT!

Investor Tools

Property Icon
$220,793
Estimated Property Value
$107,643Estimated Mortgage Balance
$113,150Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,325 /month
Positive
Cash Flow Estimate:
$442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,382
$220,793
2025
$50,361
$170,432
$220,793
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,382
$220,793

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$108,750
No
First
Sep 9, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,643
$113,150
51%
49%
$653/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.

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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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4903 State Highway 361 Unit 207 | Property Details | No Agent List