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$457,849

NAL Estimated Property Value

6109 State Highway 361 Apt 1503, Port Aransas, TX, 78373

$467,698 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,138 Sq Ft
price_per_sqft$373.46 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther
Lot Size3,833 sqft

Building Information

Year Built1984
Roof Type172

Land Information

APN5611-0000-1503
SubdivisionMustang Towers Condo
Land UseResidential
Legal DescriptionMUSTANG TOWERS CONDO, UNIT 1503, 1.5873% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$48,439
Assessed Improvement Value$409,410
Assessment Year2025

About this property

Welcome to your perfect coastal retreat! This beautifully remodeled beachfront condo offers the ultimate in waterfront living. Located on the top floor of tallest building in Port A, you’ll enjoy peace and tranquility with no neighbors above, just the soothing sounds of the Gulf of Mexico. Step inside to find a modern, open-concept layout with elegant finishes and plenty of natural light. The spacious living area flows seamlessly to a private balcony where you can savor quiet water views and breathtaking sunrises each morning. The 2 bedrooms are spacious & allow for plenty of room for renters or owners. With its desirable location and features, this condo also presents a fantastic short-term rental opportunity, making it a smart investment in your slice of paradise With its prime location & stylish updates, including beautiful wood style vinyl plank floors, upgraded appliances, & Norwegian influenced furniture, this condo is a rare find—ideal for year-round living or a weekend​​‌​​​​‌​‌​​​‌‌​​​‌‌‌​​‌​​‌‌​​​​ getaway.

Investor Tools

Property Icon
$457,849
Estimated Property Value
$0Estimated Mortgage Balance
$457,849Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$467,697
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,747 /month
Positive
Cash Flow Estimate:
$916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,478/month
$857/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,450
$457,849
2025
$48,439
$409,410
$457,849
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,450
$457,849

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$457,849
100%
0%
$0/mo

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.

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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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6109 State Highway 361 Apt 1503 | Property Details | No Agent List