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$385,000

5495 State Highway 361 1006, Port Aransas, TX, 78373

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,125 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$342.22 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Dryer, Washer
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Lot Size8,189 sqft

Building Information

Year Built2001
Roof Type114

Land Information

APN1720-0000-1006
Lot Number2
SubdivisionCondominiums At Dune Crest
Land UseResidential
Legal DescriptionCONDOMINIUMS AT DUNE CREST UNIT 1006 & 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

*** Owner Financing Available*** Wake up to the sound of the waves and experience the ultimate Texas Gulf Coast lifestyle in this inviting 2-bedroom condo in the heart of Port Aransas. Perfect as a vacation getaway, full-time residence, or income-producing investment, this property offers the ideal combination of location, flexibility, and value. Just steps from the sand, you'll enjoy direct beach access, making it easy to spend your days fishing, sunbathing, beachcombing, or taking in breathtaking Gulf sunrises. After a day on the beach, cool off in the community swimming pool or unwind on your private retreat while enjoying the coastal breeze. Investors will appreciate that short-term rentals are permitted, providing an excellent opportunity to generate vacation rental income when you're not enjoying the property yourself. Whether you're looking to expand your investment portfolio or own your own slice of paradise, this condo offers exceptional potential. Even better, the seller is offering competitive owner financing with just 20% down, creating a rare opportunity for buyers seeking flexible financing options. With its unbeatable beachside location, resort-style amenities, investment potential, and attractive owner financing, this Port Aransas condo is ready to help you make every day feel like a vacation. Don't miss your opportunity to own a piece of the Texas coast!

Investor Tools

$256,870Estimated Mortgage Balance
$292,792Estimated Equity
53% 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

Interested in this property?

Allen Torans

Southern Spaces Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
$677/month
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

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stellar Bank
Building Or Construction Loan
$267,750
No
First
Apr 10, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,870
$292,792
53%
47%
$1,606/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 1006 | Property Details | No Agent List