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$250,300

5973 State Highway 361 Apt 218, Port Aransas, TX, 78373

$262,172 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,040 Sq Ft
price_per_sqft$240.67 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Range, Microwave, Refrigerator, Dryer
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesHot Tub Spa, Sprinkler Irrigation, Sport Court
Lot Size4,530 sqft

Building Information

Year Built1984
Roof Type172

Land Information

APN4060-0000-0218
SubdivisionLa Mirage Condo
Land UseResidential
Legal DescriptionLA MIRAGE CONDO, UNIT 218, 0.80% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$81,864
Assessed Improvement Value$200,803
Assessment Year2025

About this property

Outstanding 2 bedroom condo unit at La Mirage. This interior unit has courtyard views of the complex and two pools (one heated). Features replaced in 2023 were HVAC system, kitchen countertop (Quartz), dishwasher, toilets in both bathrooms, bathroom countertops, vanities, flooring in both bedrooms and bathrooms and paint throughout the condo. New features replaced in 2024 were hot water heater, wifi thermostat, and pull out couch. All new kitchen appliances in June 2025. This unit rents very well with elevator nearby. Come enjoy this unit and the complex with all the amenities La Mirage has to offer. The complex is right by the beach with a walk-over boardwalk. This condo is a beachfront complex. This unit is fully furnished and was tastefully decorated. Short terms rentals are allowed.

Investor Tools

$113,743Estimated Mortgage Balance
$178,927Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$262,172
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

Interested in this property?

Wayne Williams

Whitten Real Estate, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/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
Charmaine Wilke
Seller Carryback / Seller Financing / Seller Take-Back
$126,000
No
First
Mar 10, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,743
$201,257
63%
39%
$756/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$2,130/mo
$-640/mo
6.1%

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 Apt 218 | Property Details | No Agent List