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$759,000

6871 State Highway 361 16, Port Aransas, TX, 78373

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,456 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$521.29 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
FlooringLaminate, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck
Lot Size11,587 sqft

Building Information

Year Built1979
Roof Type105
Garage Spaces2

Land Information

APN4592-0000-0160
SubdivisionLost Colony
Land UseResidential
Legal DescriptionLOST COLONY CONDO UNIT 16 BLDG P & 4.7619% INT GCE
Census Tract006205
Assessed Land Value$231,306
Assessed Improvement Value$596,654
Assessment Year2025

About this property

Looking for a dream home with Amazing Views, this home is the one!! It is an outstanding investment and guests love the proximity to the beach. This inviting 3 bedroom home is situated within a small, gated community and offers direct beach access along with a community swimming pool. The second floor features the main living area, kitchen/dining and a guest room with a half bath. Step up to the third floor and you will love the views from the primary suite with a private balcony to enjoy listening to the waves on the beach. The third bedroom is also located on this level. The ground level houses the laundry room and a garage for storage. The home is being sold fully furnished and ready for the new owner. The HOA manages all lawn maintenance and exterior upkeep, ensuring a carefree coastal lifestyle.

Investor Tools

Property Icon
$827,960
Estimated Property Value
$0Estimated Mortgage Balance
$504,162Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,968 /month
Positive
Cash Flow Estimate:
$1,656 /month

Interested in this property?

Christi Williams

Whitten Real Estate, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,420/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,904
$827,960
2025
$231,306
$596,654
$827,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,904
$827,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Purchase Money Mortgage
$350,000
No
First
Jul 7, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,798
$504,162
60%
39%
$2,099/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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6871 State Highway 361 16 | Property Details | No Agent List