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$495,000

613 S Gulf St, Port Aransas, TX, 78373

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,103 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$448.78 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDryer, Washer
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size7,187 sqft

Building Information

Year Built1980
Roof Type105

Land Information

APN7400-0000-0010
Lot Number1
SubdivisionRoberson - Pa
Land UseResidential
Legal DescriptionROBERSON - PA BLK 1 LOT 1
Census Tract005104
Assessed Land Value$338,400
Assessed Improvement Value$79,386
Assessment Year2025

About this property

In-town Island Cottage! 3-bedroom, 2-bath home situated on an oversized 7,200 sq. ft. commercially zoned lot. This property offers an open floor plan, a spacious backyard, and a storage building for added functionality. The large yard provides ample room for a pool, parking, garage, ADU, and more—perfect for customizing to your needs. Enjoy convenient golf cart access to in-town dining, shopping, and the beach just minutes away. A unique opportunity to own a versatile property with both residential and commercial potential in a prime island location. This one won’t last long - Don’t miss the boat!

Investor Tools

$306,798Estimated Mortgage Balance
$204,202Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

Interested in this property?

Christopher Shanklin

Mark Grosse Real Estate LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,432
$417,786
2025
$338,400
$79,386
$417,786
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,432
$417,786

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$318,750
No
First
Apr 19, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,798
$237,202
43%
60%
$1,912/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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