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$406,000

5973 State Highway 361 Apt 235, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,250 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$340 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

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

APN4060-0000-0235
SubdivisionLa Mirage Condo
Land UseResidential
Legal DescriptionLA MIRAGE CONDO, UNIT 235, 0.95% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$97,200
Assessed Improvement Value$301,058
Assessment Year2025

About this property

Beautiful VIEWS, Beautiful CONDO!!! This "standout condo" is gorgeous with the cobblestone tile entry and the kitchen that is completely open with all new cabinets, Quartz countertops, glass tile backsplash, stainless appliances including trash compactor and can lighting. Furniture throughout was upgraded at time of remodel. If you haven't fallen in love yet, just wait until you see the view. Enjoy the views of the Gulf of Mexico from the living room and the master bedroom. What a way to wake up every morning and have a great start to your day. Don't miss the custom built bookcase in master that disguises the owner's closet. The extra touches from luxury vinyl flooring, laundry closet, walk-in shower and much more makes this a true retreat. Room to entertain with 3 bedrooms and 2 baths. The complex has two swimming pools with one being heated for the Winter guests, hot tubs, sports court and boardwalk to the beach. New Pickleball Courts, how fun. Fantastic Investment property!!!

Investor Tools

Property Icon
$406,000
Estimated Property Value
$0Estimated Mortgage Balance
$406,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$483/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

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$406,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
N/A
+$1,950/mo
5.8%

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 235 | Property Details | No Agent List