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$282,667

NAL Estimated Property Value

5973 State Highway 361 Apt 314, Port Aransas, TX, 78373

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,040 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$162.5 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4,530 sqft

Building Information

Year Built1984
Roof Type172

Land Information

APN4060-0000-0314
SubdivisionLa Mirage Condo
Land UseResidential
Legal DescriptionLA MIRAGE CONDO UNIT 314 & .80 PERCENT INT IN GCE
Census Tract006205
Assessed Land Value$81,864
Assessed Improvement Value$200,803
Assessment Year2025

About this property

BUY THE BEACH CONDO! NEW PRICE!! Welcome to island living at La Mirage! Get that "resort-style' life from this beautifully remodeled 2 bed, 2 bath condo with large balcony overlooking 2 pools (one heated!), 2 hot tubs and sport court (PICKLEBALL anyone?). Recent upgrades include new Whirlpool appliances, luxury vinyl flooring, all new windows, 2 new hurricane/storm rated sliding doors, new lighting, new cultured marble counters in both baths, and more! Tastefully decorated with beach inspired decor and new furnishings throughout! La Mirage features private beach access, outdoor grills and on-site rental management. Covered parking available! Enjoy SUNSET and BAY VIEWS from front patio area! Close to elevator - a huge plus when hauling groceries and beach toys!! This unit is ready for short-term rentals, second home getaways or full-time living! Investors, this unit has been booked solid ALL Summer! A must see! Bring all offers! This is a win WIN!

Investor Tools

Property Icon
$282,667
Estimated Property Value
$57,676Estimated Mortgage Balance
$224,991Estimated Equity
79% 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

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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

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Champion Bank
Unknown
$89,000
No
First
May 25, 2011
May 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,676
$224,991
79%
20%
$534/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$534/mo
+$956/mo
6.3%

City: Port Aransas

5973 State Highway 361 Apt 314 | Property Details | No Agent List