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$421,000

NAL Estimated Property Value

5601 State Highway 361 307, Port Aransas, TX, 78373

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size4,051 sqft

Land Information

APN3076-0000-0307
SubdivisionGulf Waters Beach Front Resort Condo
Land UseResidential
Legal DescriptionGULF WATERS BEACH FRONT RESORT CONDO, UNIT 307, 0.5882% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$371,386
Assessed Improvement Value$30,332
Assessment Year2025

About this property

Rare opportunity to own an executive waterfront motorcoach site in the highly desirable Gulf Waters RV Resort, offering tranquil pond views both in front and behind the property. One of the larger sites in the resort, this beautifully improved lot is designed for comfort, entertaining, and strong rental appeal. The site features a large custom palapa providing excellent shade and ambiance, complete with lighting and festive party lights. Beneath the palapa is a large outdoor kitchen and bar area with granite composite sink, water, electric, and lighting—perfect for gathering with friends or relaxing after a day at the beach. Two spacious split-level patios create inviting outdoor living spaces, enhanced by a raised seating wall with in-wall lighting, in-ground paver lights, and uplighting that highlights the beautiful palms and landscaping at night. The property is professionally landscaped with lush Bermuda grass, palms, irrigation, and drip system for easy maintenance. The site conveys with quality outdoor furnishings including a Berlin Gardens dining-height oval table (44” x 64”) with four Comfo-Back swivel rocker chairs in Antique Mahogany/White, four Polywood-style armless bar-height chairs, and a Shademobile weighted rolling umbrella base with tabletop. Additional improvements include a full-size storage shed with electricity and exterior lighting, parking for 3 vehicles, and thoughtful upgrades throughout. Conveniently located directly across from the pool, clubhouse, office, and laundry, the site is also just a short walk or golf-cart ride to the private community boardwalk leading to the beach. With its prime location, spacious layout, extensive upgrades, and proven rental popularity, this property offers an exceptional opportunity for both personal enjoyment and income-producing investment in one of Port Aransas’ premier rv resorts.

Investor Tools

Property Icon
$421,000
Estimated Property Value
$0Estimated Mortgage Balance
$421,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,198
$401,718
2025
$371,386
$30,332
$401,718
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,198
$401,718

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$421,000
100%
0%
$0/mo

City: Port Aransas