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$294,800

5973 State Highway 361 125, Port Aransas, TX, 78373

$347,455 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,250 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$235.84 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Dryer, Washer
FlooringLuxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesHot Tub Spa, Landscaping
Lot Size5,401 sqft

Building Information

Year Built1984
Roof Type172

Land Information

APN4060-0000-0125
SubdivisionLa Mirage Condo
Land UseResidential
Legal DescriptionLA MIRAGE CONDO, UNIT 125, 0.95% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$97,200
Assessed Improvement Value$80,800
Assessment Year2025

About this property

BONUS FOR BUYERS! A brand-new AC system was installed on May 29, 2026, and the seller will pay your first six months of HOA dues at closing. Enjoy immediate savings and peace of mind with this valuable upgrade and incentive package. Stunning Fully Remodeled & Furnished Gulf-Front Condo with Private Balcony Views! Seller is highly motivated—bring all offers! This property also boasts a strong and consistent rental history. Experience coastal living at its finest in this beautifully remodeled 3-bedroom, 2-bath condo offering approximately 1,250 square feet of thoughtfully designed space. Both full bathrooms feature modern walk-in showers, providing a sleek and comfortable retreat after a day at the beach. This turn-key unit comes fully furnished and showcases a bright, open layout ideal for entertaining or relaxing. Step out onto your large private balcony and take in breathtaking views of the Gulf—perfect for morning coffee or evening sunsets. Located in a premier beachfront complex, residents and guests enjoy resort-style amenities including: Two swimming pools and two hot tubs Sports courts featuring pickleball, basketball, and cornhole Private boardwalk providing quick and easy access to the beach Whether you're seeking a personal getaway, full-time residence, or income-producing investment property, this condo offers the ideal combination of comfort, convenience, and coastal charm.

Investor Tools

$0Estimated Mortgage Balance
$292,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$347,455
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,769 /month
Positive
Cash Flow Estimate:
$590 /month

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Brian Jones

Home Team of America

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
$1,603/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,124
$178,000
2025
$97,200
$80,800
$178,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,124
$178,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$292,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,603/mo
+$347/mo
8.0%

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.

Explore Texas Explore This Area
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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5973 State Highway 361 125 | Property Details | No Agent List