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$275,000

5973 State Highway 361 Apt 225, Port Aransas, TX, 78373

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,040 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$264.42 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4,530 sqft

Building Information

Year Built1984
Roof Type172

Land Information

APN4060-0000-0225
SubdivisionLa Mirage Condo
Land UseResidential
Legal DescriptionLA MIRAGE CONDO UNIT 225 & .80 PERCENT INT IN GCE
Census Tract006205
Assessed Land Value$81,864
Assessed Improvement Value$200,803
Assessment Year2025

About this property

La Mirage 225. Updated 2 bedroom/ 2 bath beachfront condo. Large covered patio with unobstructed views of the Gulf. Beach decor furnishings included in the sale. Spacious kitchen with large window opening looking in to the living area. Open living/ dining area. Primary bedroom has king bed and large walk in closet. Separate laundry room with washer/ dryer included. Storm doors and windows leading to the patio. La Mirage features two pools (one heated), pickle ball courts, hot tub, BBQ picnic area and walkway to the beach. La Mirage has an onsite vacation rental program. Located just a short drive to all the activities in Port Aransas.

Investor Tools

$0Estimated Mortgage Balance
$282,667Estimated Equity
100% 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?

Marcus Starkey

RE/MAX Coastal Living

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
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

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,667
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
N/A
+$1,490/mo
6.3%

City: Port Aransas