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$1,139,000

NAL Estimated Property Value

510 Bralley Dr, Port Aransas, TX, 78373

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,712 Sq Ft
price_per_sqft$313.24 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood
FlooringCeramic Tile, Vinyl

Exterior

Lot Size5,837 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7841-0003-0160
Lot Number16
SubdivisionSea Gull Isle - Pa
Land UseResidential
Legal DescriptionSEA GULL ISLE - PA BLK 3 LOT 16
Census Tract005103
Assessed Land Value$319,770
Assessed Improvement Value$470,770
Assessment Year2025

About this property

510 Bralley is three properties in one, offering the perfect setup for a corporate retreat, island compound, or income-generating investment. This unique property is divided into three distinct units, each with its own full kitchen and bathroom. The ground floor features a charming 1BR/1BA unit with a comfortable living and dining area that opens onto a covered patio. Upstairs, two spacious 2BR units each offer full kitchen facilities, inviting living and dining spaces, and private covered decks to enjoy the coastal breeze. Located on a generous corner lot with two driveways, the property also includes a 920 sq. ft. oversized garage with room for two cars, a golf cart, beach gear, or a workshop, plus an adjoining laundry room. A private deck and courtyard in the back add to the outdoor living appeal. Recently remodeled and updated, this property is being offered partially furnished. No short-term rentals allowed, but the owner can live in one unit while generating rental income from the others.

Investor Tools

Property Icon
$1,139,000
Estimated Property Value
$238,799Estimated Mortgage Balance
$900,201Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,834 /month
Positive
Cash Flow Estimate:
$2,278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,628
$790,540
2025
$319,770
$470,770
$790,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,628
$790,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Sba Participation Trust Deed
$283,200
No
First
Jul 5, 2018
Dec 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,799
$900,201
79%
21%
$1,698/mo

City: Port Aransas

510 Bralley Dr | Property Details | No Agent List