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$1,100,000

5601 State Highway 361 103, Port Aransas, TX, 78373

$1,166,932 ARVInfo
Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths2,271 Sq Ft
price_per_sqft$484.37 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Dryer, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck
Lot Size5,881 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3076-0000-0103
SubdivisionGulf Waters Beach Front Resort Condo
Land UseResidential
Legal DescriptionGULF WATERS BEACH FRONT RESORT CONDO, UNIT 103, 0.5882% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$706,776
Assessed Improvement Value$463,399
Assessment Year2025

About this property

Front-row Gulf views, 2 living areas & a seriously impressive BEACHFRONT setting make this 4 bdrm, 3 bath beauty in Gulf Waters Beachfront RV Resort a coastal standout. Extensively updated in 2018 with quality finishes throughout, this beachfront gem pairs relaxed luxury with durable, thoughtfully designed spaces made for easy coastal living. Pond views welcome you from the front while endless Gulf views steal the show out back. Upstairs is the heart of the home with soaring ceilings, wood-plank tile flooring & huge stationary windows to maximize those front-row water views. The light-filled great room centers around a wall of windows with French doors leading straight onto the massive beachfront deck. Outside is where this home really shines with a reimagined Gulf-front entertaining space featuring premium tempered glass surrounds so nothing interrupts the breathtaking beachscapes plus engineered decking built for long-term coastal durability. Inside, the open-concept living, kitchen & dining spaces flow perfectly for lazy weekends hosting the whole crew. The primary suite retreat is tucked upstairs with more of those seaside vistas, plus the ensuite has a glass-enclosed tile shower, dual vanities & separate lavatory. Two additional guest bedrooms & another full bath are also upstairs. Downstairs offers a 2nd den with rear yard access, plus an oversized bunk room & bath, perfect for overflow guests, kids or separate hangout quarters after beach days. So many upgrades like new 2026 roof, built-in stair tread lighting, Saltillo tile front patio, high ceilings throughout including in the garage (future boat storage?). Ample parking for 6 or more cars/carts, plus a 2-car separated garage for lock-&-leave ease. Tucked at the rear of an upscale RV resort for a quiet setting with GOLF-CART dune crossover, heated pool, hot tub, fitness center & activity hall. If making money is your thing, this gem has over $63K on the books so far with projections of $109K/year income!

Investor Tools

$394,321Estimated Mortgage Balance
$793,679Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,166,931
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,128 /month
Positive
Cash Flow Estimate:
$2,376 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,801/month
$334/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,667
$1,170,175
2025
$706,776
$463,399
$1,170,175
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,667
$1,170,175

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Na
Conventional
$437,672
No
First
Mar 18, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,321
$793,679
66%
33%
$2,625/mo

City: Port Aransas

5601 State Highway 361 103 | Property Details | No Agent List