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$405,009

NAL Estimated Property Value

6109 State Highway 361 Apt 803, Port Aransas, TX, 78373

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,138 Sq Ft
price_per_sqft$391.04 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck
Lot Size3,833 sqft

Building Information

Year Built1984
Roof Type172

Land Information

APN5611-0000-0803
SubdivisionMustang Towers Condo
Land UseResidential
Legal DescriptionMUSTANG TOWERS CONDO, UNIT 803, 1.5873% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$48,439
Assessed Improvement Value$356,570
Assessment Year2025

About this property

Want a great 180 degrees view of the Gulf with an affordable 2-bedroom condo? Look no further than Unit #803 at Mustang Towers. Yes, this is a 2 bedroom and 2 full bath unit with an updated kitchen that includes subway tile backsplash, stainless steel appliances, and granite countertops. Having your breakfast, lunch, or dinner, on your patio overlooking the Gulf of Mexico is what beach living is all about. Some new furniture was just added to the condo. There is a walkover boardwalk to the beach with a complex pool and hot tub. This is a short-term rental property. All furniture conveys with the sale.

Investor Tools

Property Icon
$405,009
Estimated Property Value
$0Estimated Mortgage Balance
$405,009Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,027/month
$893/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,300
$405,009
2025
$48,439
$356,570
$405,009
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,300
$405,009

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$405,009
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.

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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6109 State Highway 361 Apt 803 | Property Details | No Agent List