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B+
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$549,662

5495 State Highway 361 # 1004, Port Aransas, TX, 78373

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,125 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$360 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,189 sqft

Building Information

Year Built2001
Roof Type114

Land Information

APN1720-0000-1004
Lot Number2
SubdivisionCondominiums At Dune Crest
Land UseResidential
Legal DescriptionCONDOMINIUMS AT DUNE CREST, UNIT 1004 & 2.17% INTEREST IN GENERAL COMMON ELEMENTS, OUT OF DUNE CREST LT 2
Census Tract006205
Assessed Land Value$230,886
Assessed Improvement Value$318,776
Assessment Year2025

About this property

This condo is lovingly named by the owners as their "Island Retreat" and it will soothe your cares away as you listen to the waves. This ground floor condo is located at Grand Caribbean and is only a few short steps to have your toes in the sand. This is the newest beachfront complex in Port Aransas. Two bedrooms, two bathrooms and a floor plan that allows everyone to join in whether you are in the kitchen or the living room. Spacious kitchen with granite countertops that allows plenty of cooking space, pantry for your food and lots of cabinets for storage. Coastal colors throughout the condo. Nice size primary bedroom with ensuite bathroom with two sinks. The patio overlooks the pool so that you can enjoy all the fun. The boardwalk to the beach will have you cooling off in the water, sandcastle building or relaxing. If this sounds like the perfect beach retreat, come take a look. Move in ready and fully furnished. Low monthly HOAs is currently ($677) and an opportunity to use as an investment property.

Investor Tools

Property Icon
$549,662
Estimated Property Value
$0Estimated Mortgage Balance
$549,662Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,298 /month
Positive
Cash Flow Estimate:
$1,099 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,633
$549,662
2025
$230,886
$318,776
$549,662
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,633
$549,662

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$549,662
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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5495 State Highway 361 # 1004 | Property Details | No Agent List