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$1,776,752

540 Bayside Dr, Port Aransas, TX, 78373

$2,309,778 ARVInfo
Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,062 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$393.65 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available

Exterior

Lot Size13,852 sqft

Building Information

Year Built1987
Stories2
Garage Spaces637

Land Information

APN5474-0003-0140
Lot Number14-15
SubdivisionMustang Beach Unit 2
Land UseResidential
Legal DescriptionMUSTANG BEACH #2 LTS 14 & 15 BK 3
Census Tract005103
Assessed Land Value$1,022,278
Assessed Improvement Value$754,474
Assessment Year2025

About this property

OPPORTUNITY OF OPPORTUNITIES in Island Moorings! Double shady-side lot with 120' of canal frontage and 13,852 sq. ft. Best of both worlds - location with P.M. shade on the canal side AND sunset views toward Piper Channel and the flats from the front deck. A roughly 58' long cut-in boat slip (with about 32' covered) extends under the home with boat tackle storage room nearby. Additionally, there is ample space for a large offshore boat along the dock parallel to the bulkhead. 5 very spacious bedrooms including a huge primary suite, 4 full baths, 2 half baths, game room, elevator, 2-car garage, and parking for at least 10 vehicles. Mustang Beach HOA dues are only $200 annually (that’s not a typo). 4,061 sq. ft. of living space plus 2,274 sq. ft. of deck space. A recent water heater leak spurred demo of about 2' of sheetrock and insulation in most of the ground level. Sold As-Is & ready for your fabulous remodel. SO MUCH POTENTIAL IN THIS SOULFUL, WATERFRONT ESTATE! Don't miss the boat!

Investor Tools

Property Icon
$1,776,752
Estimated Property Value
$0Estimated Mortgage Balance
$1,776,752Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$2,309,778
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,661 /month
Positive
Cash Flow Estimate:
$3,554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,163/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,069
$1,776,752
2025
$1,022,278
$754,474
$1,776,752
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,069
$1,776,752

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,776,752
100%
0%
$0/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.

Explore Texas Explore This Area
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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540 Bayside Dr | Property Details | No Agent List