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$479,000

NAL Estimated Property Value

508 W Avenue E, Port Aransas, TX, 78373

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths716 Sq Ft
price_per_sqft$663.41 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Dryer, Washer
FlooringLaminate

Exterior

Lot Size3,006 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces1

Land Information

APN0220-0004-0110
Lot Number11
SubdivisionAransas Holding Co S/D C
Land UseResidential
Legal DescriptionARANSAS HOLDING CO S/D C BLK 4 LOT 11-R
Census Tract005104
Assessed Land Value$180,000
Assessed Improvement Value$85,216
Assessment Year2025

About this property

Charming & modernized beach cottage in Old Town Port A! This 2-bedroom, 2-bath beauty is the quintessential getaway for those who want a small weekend place but still demand the best of coastal living. Quality finish-out including granite counters, stainless steel appliances, hardy LVP flooring throughout plus cute shiplap detailing all lend a relaxed & charming beach vibe. Offer fully furnished and rental ready. Whether you're relaxing inside or stepping outside, this home was designed for easy indoor/outdoor living. Upstairs, you’ll find a spacious sun deck perfect for soaking up the sun or catching a cool evening breeze. Downstairs is just as awesome with an oversized shaded patio just made for entertaining. The courtyard, backyard & side boat parking are all fenced for privacy and there's even room for a pool to be added. The golf cart garage has room for all your beach toys or could be a future game room - talk about options! Nicely equipped with a 50-amp RV hookup and parking for up to 6 vehicles. So many upgrades in the last 7 years including a new roof, full home Hardie siding, new HVAC system, new plumbing, insulation, shiplap and drywall make this place feel like new. If you're looking for a profitable coastal investment, rental income projections are around $50k annually & it grossed $32k+ in just 6 mos this year. Located just a quick golf cart ride from the beach and walkable (just blocks) to all the Old Town restaurants & shops. This beach cottage effortlessly combines historic Port A charm & modern coastal living. All this, plus no HOA or deed restrictions & super low property taxes ($3,961/year), don’t miss out on your own slice of paradise!

Investor Tools

Property Icon
$479,000
Estimated Property Value
$0Estimated Mortgage Balance
$479,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,874 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,961
$265,216
2025
$180,000
$85,216
$265,216
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,961
$265,216

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$479,000
100%
0%
$0/mo

City: Port Aransas

508 W Avenue E | Property Details | No Agent List