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$695,000

6109 State Highway 361 1504, Port Aransas, TX, 78373

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,484 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$468.33 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4,792 sqft

Building Information

Year Built1984
Roof Type172

Land Information

APN5611-0000-1504
SubdivisionMustang Towers Condo
Land UseResidential
Legal DescriptionMUSTANG TOWERS CONDO, UNIT 1504, 1.98412% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$60,544
Assessed Improvement Value$529,046
Assessment Year2025

About this property

Experience the best of coastal living in this top-floor penthouse at Mustang Towers. This spacious, fully furnished 3-bedroom, 2.5-bath condo offers 1,484 sq. ft. of beautifully updated living space, perfect as a primary residence, vacation home, or investment property. The open-concept layout features tile flooring throughout, stainless steel appliances, and tasteful coastal décor. Rooms showcase stunning views of either the bay or the Gulf of Mexico, offering an ideal blend of comfort and style. The private primary suite includes impressive ocean views and an ensuite bath. The expansive balcony provides a wonderful place to start your day or relax in the evenings. Residents of Mustang Towers Condos enjoy top amenities, including a large swimming pool, hot tub, fish-cleaning station, barbecue grills, and direct beach access via a private boardwalk. Located just minutes from downtown Port Aransas, Mustang Beach Airport, and Padre Island, this penthouse offers a perfect blend of luxury, convenience, and investment potential. Enjoy one of the most sought-after views on the Texas coast. A true standout at Mustang Towers!

Investor Tools

$0Estimated Mortgage Balance
$688,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

Interested in this property?

Angela Tipps

Kuper Sotheby's Intl Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,290
$589,590
2025
$60,544
$529,046
$589,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,290
$589,590

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$688,000
100%
0%
$0/mo

City: Port Aransas

6109 State Highway 361 1504 | Property Details | No Agent List