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$249,000

5973 State Highway 361 307, Port Aransas, TX, 78373

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,040 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$239.42 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Disposal, Refrigerator, Dryer, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size4,530 sqft

Building Information

Year Built1984
Roof Type172

Land Information

APN4060-0000-0307
SubdivisionLa Mirage Condo
Land UseResidential
Legal DescriptionLA MIRAGE CONDO, UNIT 307, 0.80% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$81,864
Assessed Improvement Value$200,803
Assessment Year2025

About this property

Beautiful beachfront 2 bedroom 2 bathroom condo with piece of ocean side view is where you can "Live Your Beach Life" . All new flooring, shower tile & tub, new kitchen backsplash, countertops. Comes turnkey completely furnished, fully equipped kitchen. Short term allowed. Remodeled after Harvey. Two pools (one heated), 2 hot tubs, pickleball, game room, beach boardwalk access. La Mirage rental management with 70/30 split, no self rent or third party rental.

Investor Tools

$184,690Estimated Mortgage Balance
$97,977Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,696 /month
Positive
Cash Flow Estimate:
$565 /month

Interested in this property?

Carolyn Walker

Keller Williams Coastal Bend

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
$1,374/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,157
$282,667
2025
$81,864
$200,803
$282,667
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,157
$282,667

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Capital Bank Na
Commercial
$200,000
No
First
Apr 7, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,690
$97,977
34%
65%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$2,574/mo
$-1,084/mo
6.3%

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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