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$349,900

5601 State Highway 361 406, Port Aransas, TX, 78373

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Private PoolPrivate Pool
Exterior FeaturesLandscaping
Lot Size2,526 sqft

Land Information

APN3076-0000-0406
SubdivisionGulf Waters Beach Front Resort Condo
Land UseResidential
Legal DescriptionGULF WATERS BEACH FRONT RESORT CONDO, UNIT 406, 0.5882% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$234,188
Assessed Improvement Value$20,294
Assessment Year2025

About this property

Own a slice of paradise in the premier Gulf Waters Beach Front RV Resort! This site offers a great location on one of 3 ponds, this one closest to the pool and clubhouse. Lot 406 is a premium drive-in lot with mature palms offering shade as you enjoy the breezes across the pond. There is a storage shed on site and a built-in cooking counter for outdoor meals. 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 management will handle renting your site when not in use and retains 25% of gross income. Gulf Waters is the only RV resort of it's kind on Mustang Island. HOA dues are $ quarterly and cover wifi, cable, mowing & trash. Water and electric are billed separately through the HOA. Taxes in 2025 were $3,359. Enjoy island time with friends and family with the option to rent the site when not in use and offset the expense of ownership.

Investor Tools

$0Estimated Mortgage Balance
$332,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Julie Humble

Coldwell Banker Island Escapes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
$738/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,442
$254,482
2025
$234,188
$20,294
$254,482
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,442
$254,482

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$332,000
100%
0%
$0/mo

City: Port Aransas

5601 State Highway 361 406 | Property Details | No Agent List