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$398,258

NAL Estimated Property Value

5973 State Highway 361 Apt 232, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,250 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$280 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,401 sqft

Building Information

Year Built1984
Roof Type172

Land Information

APN4060-0000-0232
SubdivisionLa Mirage Condo
Land UseResidential
Legal DescriptionLA MIRAGE CONDO, UNIT 232, 0.95% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$97,200
Assessed Improvement Value$301,058
Assessment Year2025

About this property

Spectacular, fully furnished and updated Beachfront Condo with UNOBSTRUCTED Gulf VIEWS and Great Amenities! Escape to paradise in this beautifully renovated beachfront condo. Wake up to breathtaking ocean views and the soothing sound of waves right outside your door. This spacious 3-bedroom, 2 bathroom, 1,250 sq ft retreat features modern amenities, a fully equipped kitchen, and a cozy living area that opens to a large private balcony that can also be accessed from the primary bedroom- perfect for watching the sun rise and enjoying morning coffee. Located just steps from pristine sandy beaches, this condo offers easy access to local attractions, dining and outdoor activities. Enjoy the on-site amenities including 2 pools (heated pool allows year-round enjoyment), event center and recreational room, outside sports area, outside shower, outdoor grilling space and much more! Call your favorite agent today to tour this unforgettable coastal living space!

Investor Tools

Property Icon
$398,258
Estimated Property Value
$219,238Estimated Mortgage Balance
$179,020Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,390 /month
Positive
Cash Flow Estimate:
$797 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,768
$398,258
2025
$97,200
$301,058
$398,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,768
$398,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank (Lexington)
Conventional
$232,000
No
First
Apr 24, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,238
$179,020
44%
55%
$1,391/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,391/mo
+$559/mo
5.9%

City: Port Aransas

5973 State Highway 361 Apt 232 | Property Details | No Agent List