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$816,000

NAL Estimated Property Value

602 Island Retreat Rd, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,541 Sq Ft
price_per_sqft$534.72 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
FlooringHardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck
Lot Size5,271 sqft

Building Information

Year Built2020
Roof Type105

Land Information

APN5483-0001-0070
Lot Number7A
SubdivisionMustang Estates - Pa
Land UseResidential
Legal DescriptionMUSTANG ESTATES - PA BLK 1 LOT 7A CUD
Census Tract005103
Assessed Land Value$210,240
Assessed Improvement Value$513,014
Assessment Year2025

About this property

Gorgeous Cali-cool home with heated pool & style for days! This chic 3 bdrm, 2 bath California-modern stunner is everything you want in a Port A vacay spot! Sitting pretty on the beach side of town, this nearly-new beauty comes fully furnished & rental ready if you're looking to earn some island income. Inside, you're greeted by soaring 10’ ceilings, massive floor-to-ceiling windows & 8' doors for a bright, breezy indoor/outdoor feel. The open-concept living & dining spaces are oversized for gathering the whole crew. The open kitchen has the same floor to ceiling windows plus extras like drawer microwave, wood-enclosed range hood & retro fridge. Shiplap accents, white oak floors & glass-enclosed custom tiled showers in both baths give this place major beach vibes. Owners bdrm includes ensuite bath plus large lock off closet. First guest bdrm overlooks the pool with floor to ceiling windows while the jumbo bunk room features FOUR built-in queen beds. This pad is ALL about entertaining - step outside to chill under the huge shaded tiled porch or catch rays on the Brazilian wood deck by the heated pool with smart lighting & heating for easy controls on the go. Turf grass side yard is low maintenance but high on style, always looking great for games or lounging. There's even indoor foosball for cloudy days. Includes privacy fencing all around, a bonus gated parking area around back for boat or RV parking plus a storage shed for all your beach toys. Corner location means fewer neighbors plus there's no HOA. Prime beach-side of town location & just a quick golf cart ride to eats & shops & literally blocks to the beach! Designed for energy efficiency with super low electricity usage. Not in rent so it's fresh & pristine, but rental income projections top $69k/yr if you're looking for a profitable vacay getaway!

Investor Tools

Property Icon
$816,000
Estimated Property Value
$502,312Estimated Mortgage Balance
$313,688Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,944 /month
Positive
Cash Flow Estimate:
$1,648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,618
$723,254
2025
$210,240
$513,014
$723,254
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,618
$723,254

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Unknown
$548,000
No
First
Nov 2, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$502,312
$313,688
38%
62%
$3,286/mo

City: Port Aransas

602 Island Retreat Rd | Property Details | No Agent List