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$837,000

NAL Estimated Property Value

514 Royal Palm Dr, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$375.67 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3

Exterior

Lot Size5,140 sqft

Building Information

Year Built1995
Stories3
Roof Type105

Land Information

APN0920-0000-0010
Lot Number1
SubdivisionBratton Add - Pa
Land UseResidential
Legal DescriptionBRATTON ADD - PA LT 1
Census Tract005103
Assessed Land Value$283,415
Assessed Improvement Value$375,360
Assessment Year2025

About this property

Turn-Key Beachside Gem with Income Potential! Located on a spacious corner lot just moments from the beach, this beautifully maintained home offers everything you need for island living or a smart investment opportunity. Enjoy extra parking, room for a pool, and a golf-cart friendly location in the heart of Port Aransas. The main living quarters are upstairs, featuring 3 bedrooms, 2 bathrooms, and an open-concept living and kitchen area designed for comfort and style. The attached casita on the ground level has a private entrance and can be used as a separate rental unit, guest suite, office, or studio—the possibilities are endless! This home is turn-key ready and currently generating rental income, making it ideal for both personal use and investment. Recent upgrades include a new A/C, giving added peace of mind. Don’t miss this versatile, income-producing property with room to expand and enjoy the beach lifestyle to the fullest! Flood Zone​​‌​​​​‌​‌​​​‌‌​​​‌‌‌​​‌​​‌‌​​​​ X!

Investor Tools

Property Icon
$837,000
Estimated Property Value
$343,033Estimated Mortgage Balance
$493,967Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,022 /month
Positive
Cash Flow Estimate:
$1,674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,205/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,277
$658,775
2025
$283,415
$375,360
$658,775
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,277
$658,775

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Na
Unknown
$380,000
No
First
Mar 11, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,033
$493,967
59%
41%
$2,279/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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514 Royal Palm Dr | Property Details | No Agent List