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B+
NoAgentList RatingHow are grades calculated? Info

$1,188,000

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

$1,192,311 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,271 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$528.4 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,881 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces608

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

OUTSTANDING VIEWS FROM THIS BEACHFRONT HOME located in the premier Gulf Waters RV & Resort. The home has a relaxed setting with two living rooms, four large bedrooms & three bathrooms. On the first floor, you will find a large bedroom with a king bed and a set of twin bunks, a spacious bonus room and full bathroom. Upstairs is the kitchen, main living room, primary suite and two guest rooms. The outdoor living space has a large deck that will be your favorite place to relax while taking in the spectacular view of the beach and the Gulf. Plenty of sunshine to enjoy, but also a covered deck as well while taking a break from the sun. This community has it all with a tropical setting as you enter the resort and all the way to the beach. Lush landscaping throughout the resort and golf cart accessible to the beach. Relax at the community pool or one of the many activities the resort plans throughout the year. Plenty of parking in the driveway and a two car garage. One garage is set up for the owner and the second can be made available if the home is rented. "High Hide Hacienda" is a great getaway to the beach to call your very own.

Investor Tools

Property Icon
$1,188,000
Estimated Property Value
$437,672Estimated Mortgage Balance
$792,906Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,192,310
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,801/month
No HOA
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
$395,094
$792,906
66%
33%
$2,625/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.

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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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