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$350,000

NAL Estimated Property Value

6275 State Highway 361 101, Port Aransas, TX, 78373

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,078 Sq Ft
price_per_sqft$245.83 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck
Lot Size2,744 sqft

Building Information

Year Built1986

Land Information

APN5486-0001-0101
SubdivisionMustang Island Beach Club & Resort
Land UseResidential
Legal DescriptionMUSTANG ISLAND BEACH CLUB & RESORT, BUILDING A, UNIT 101, 3.2238% COMMON AREA INTEREST
Census Tract006205
Assessed Land Value$41,075
Assessed Improvement Value$268,097
Assessment Year2025

About this property

Welcome to your perfect beach getaway! This charming two-bedroom, two-bathroom condo boasts a spacious layout, stylish updates, and cozy furnishings, all with stunning Gulf views. The large deck offers a great spot to relax and enjoy the sea breeze, while the in-unit laundry closet adds convenience to your stay. You’ll also have an assigned covered parking space for ease of access. The fully stocked kitchen is ready for you to cook your fresh catch, making meals a breeze after a fun day at the beach. The community pool and dune crossover provide easy access to the sand and surf, ensuring your seaside adventures are just steps away. Located on Mustang Island, this condo offers prime location close to both Port Aransas and Corpus Christi for shopping, dining, and tourist attractions. The monthly HOA fee covers water, trash, cable, and exterior insurance, making this a low-maintenance option for a beachretreat. Turnkey and ready for short-term rental or investment, or simply enjoy it as your own private sanctuary, or both! Don’t miss your chance to own this beach condo. It’s time to make your move! INVESTORS! SELLER OWNS 2 OTHER UNITS (102 &202) AND WILL CONSIDER A PACKAGE DEAL!

Investor Tools

Property Icon
$350,000
Estimated Property Value
$162,824Estimated Mortgage Balance
$187,176Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,333
$309,172
2025
$41,075
$268,097
$309,172
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,333
$309,172

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kleberg Bank Na
Purchase Money Mortgage
$176,000
No
First
Apr 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,824
$187,176
53%
47%
$1,056/mo

City: Port Aransas

6275 State Highway 361 101 | Property Details | No Agent List