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A+
NoAgentList RatingHow are grades calculated? Info
Days231Days on Market
Views1view
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$525,000

$550,000

6877 State Highway 361 31, Port Aransas, TX, 78373

$682,500 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths1,388 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$378.24 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,489 sqft

Building Information

Year Built1981
Stories3
Roof Type105
Garage Spaces168

Land Information

APN4589-0000-0240
SubdivisionLost Colony Villas
Land UseResidential
Legal DescriptionLOST COLONY VILLAS, UNIT 24-D, PLUS 3.85% INT
Census Tract006205
Assessed Land Value$109,370
Assessed Improvement Value$342,972
Assessment Year2025

About this property

Turn-key for home or rental! Just off 361, close to both Port A and North Padre! Bright and airy three bedroom on a split plan, the master being upstairs with a private open deck looking towards the beach. Living space is comfortable and bright with great natural lighting, wood burning fireplace, and nearby stainless kitchen with spacious breakfast nook. No carpet! HOA pool and beach access. Across the back are two large decks for entertaining, sunshine, and living on Island Time! Concerning the garage: Sellers loss is your gain! Garage was going to be turned in to a bonus and bathroom but contractors walked. Framing is installed, just make your decision to change it back in to a garage or continue with a new bonus space!

Investor Tools

Property Icon
$593,000
Estimated Property Value
$0Estimated Mortgage Balance
$593,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$682,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,558 /month
Positive
Cash Flow Estimate:
$1,186 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,093/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,153
$452,342
2025
$109,370
$342,972
$452,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,153
$452,342

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$593,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
N/A
+$1,950/mo
3.9%

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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6877 State Highway 361 31 | Property Details | No Agent List