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$399,000

NAL Estimated Property Value

5601 Hwy 361 503, Port Aransas, TX, 78373

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Private PoolPrivate Pool
Exterior FeaturesLandscaping

About this property

Own a slice of paradise in the premier Gulf Waters Beach Front RV Resort! This site offers a fantastic location on the largest of 3 ponds closest to the beach. Resort amenities include a large, heated swimming pool and jacuzzi spa, on site laundry facilities, restrooms with private showers, an activity center/clubhouse and a cart accessible boardwalk over the dunes to the beach. On site staff will handle renting your site when not in use and retains 25% of gross rental income. The lot has a wonderful view across the pond and is a short walk to the boardwalk. Gulf Waters is the only RV park of it's kind on Mustang Island. HOA dues are $725 quarterly and cover wifi, cable, mowing and trash. Water and electric are billed separately through the HOA. Taxes in 2024 were $4,095. Enjoy island time with friends and family, rent the space when not in use and offset the expense of ownership.

Investor Tools

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$399,000
Estimated Property Value
$0Estimated Mortgage Balance
$399,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$235/month
5.947%

City: Port Aransas

5601 Hwy 361 503 | Property Details | No Agent List