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$770,000

NAL Estimated Property Value

505 Paradise Pointe Dr, Port Aransas, TX, 78373

$787,578 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,820 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$423.08 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
FlooringLaminate

Exterior

Private PoolPrivate Pool
Lot Size4,008 sqft

Building Information

Year Built2013
Stories2
Garage Spaces1

Land Information

APN6314-0000-0640
Lot Number64
SubdivisionParadise Pointe Nud Unit 1
Land UseResidential
Legal DescriptionPARADISE POINTE NUD UNIT 1 LT 64
Census Tract005103
Assessed Land Value$196,000
Assessed Improvement Value$553,372
Assessment Year2025

About this property

AWESOME 4 bedroom, 3 bath overlooking the Paradise Pointe center pond. Use as a full time family home or as a fabulous rental! Upstairs features an open concept living / kitchen / dining area with vaulted ceilings, plantation shutters, 3 bedrooms & 2 baths including the master and a guest room with built-in bunk beds. Clean line design with sh ip lap details, granite counters, stainless appliances, electric fireplace insert & wood-look laminate flooring. Downstairs is a separate spacious bedroom with en-suite bath and great outdoor spaces to entertain large parties or just hang out in a breezy shady spot. Enjoy the sunrise on the back deck and sun set on the front deck for a relaxing read. Sold fully furnished. Paradise Pointe is a unique subdivision with a community pool, center pond and is surrounded by the nature preserve. HOA: $935/year. Don't Miss The Boat!

Investor Tools

Property Icon
$770,000
Estimated Property Value
$598,748Estimated Mortgage Balance
$171,252Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$787,577
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,620 /month
Positive
Cash Flow Estimate:
$1,540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
$935/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$154
$749,372
2025
$196,000
$553,372
$749,372
No

Tax History

Year
Tax Paid
Assessed Value
2024
$154
$749,372

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerifirst Financial Inc
Conventional
$647,200
No
First
May 26, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$598,748
$171,252
22%
78%
$3,881/mo

Learn About the Market: Opportunity in Texas

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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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505 Paradise Pointe Dr | Property Details | No Agent List