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$783,000

NAL Estimated Property Value

507 E Cotter Ave, Port Aransas, TX, 78373

$999,594 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,896 Sq Ft
price_per_sqft$421.41 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
FlooringCeramic Tile, Tile, Vinyl

Exterior

Lot Size5,009 sqft

Building Information

Year Built2011
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8706-0004-0015
Lot Number1
SubdivisionTarrants - Pa
Land UseResidential
Legal DescriptionTARRANTS - PA BLK 4 LOT 1-B
Census Tract005104
Assessed Land Value$310,000
Assessed Improvement Value$232,073
Assessment Year2025

About this property

Location, location, location… This charming coastal cottage is located in Old Town Port A on Cotter Avenue, just a short stroll away from all things Port A! Nestled on a spacious 5,000 square foot corner lot, this custom-built home has been cherished by a single family. Relax under the pergola in the front yard and enjoy the coastal breeze. Inside, you’ll find an inviting open concept design featuring granite countertops in the kitchen, stainless steel appliances, and sleek white subway tile. The master bedroom is conveniently located on the first level, while guests can enjoy their own space on the second level, where two guest bedrooms share a Jack and Jill bathroom. This home is zoned for nightly rentals and has a dedicated rental following. Plus, there's no troublesome HOA to contend with, keeping your holding costs low. The generously sized garage offers ample storage for all your beach gear and includes a utility sink. This well located coastal retreat is being offered fully furnished, making it turnkey for summertime fun! It won't last long, so HURRY, Don't Miss the Boat!

Investor Tools

Property Icon
$783,000
Estimated Property Value
$349,270Estimated Mortgage Balance
$433,730Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$999,594
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$893/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,795
$542,073
2025
$310,000
$232,073
$542,073
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,795
$542,073

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$423,200
No
First
Oct 18, 2017
Nov 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,270
$433,730
55%
45%
$2,538/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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507 E Cotter Ave | Property Details | No Agent List