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$592,000

NAL Estimated Property Value

6877 STATE HWY 361 Highway 36, Port Aransas, TX, 78373

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,518 Sq Ft
price_per_sqft$394.6 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Electric Oven, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
FlooringLaminate

Exterior

Lot Size5,489 sqft

Building Information

Year Built1983
Roof Type105
Garage Spaces1

Land Information

APN4589-0000-0440
SubdivisionLost Colony Villas
Land UseResidential
Legal DescriptionLOST COLONY VILLAS, UNIT 44-X, PLUS 3.85% INT
Census Tract006205
Assessed Land Value$109,370
Assessed Improvement Value$337,964
Assessment Year2025

About this property

Welcome to The SALTY SANDPIPER, a cheerful AND recently remodeled home located in the manicured community of Lost Colony.This property is ready for its next owner, offering the perfect opportunity for vacation rentals or a beach getaway retreat. Enjoy the amenities of this spacious subdivision, including a sparkling community pool and a scenic boardwalk leading direct to the beach! As you step inside, you'll be greeted by the open, inviting space of the 2nd level, where the heart of the home awaits. Here you'll find 2 generously sized bedrooms and 2 full baths, perfect for personal or guest accommodation. The open-concept living room and kitchen provide an ideal space for gatherings, featuring granite countertops and a large bar for extra seating. The master bedroom offers direct access to the expansive deck, where you can relax and take in the tranquil views of the sea oats and dunes. Head downstairs to discover the ultimate kids' zone—an oversized flex room designed for fun and functionality! With enough space for 3 beds, a cozy living area, and its own private bathroom, this lower level offers comfort and convenience for everyone. Many refreshing updates beyond just the decor including Water Heater, Fridge, Microwave, Range/Oven, Dryer, Dishwasher, Lower Mini Split. With low HOA fees and a strong rental history, The SALTY SANDPIPER is the perfect summer retreat or investment property. Don’t miss out on this turnkey opportunity!

Investor Tools

Property Icon
$592,000
Estimated Property Value
$0Estimated Mortgage Balance
$592,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,104/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,290
$447,334
2025
$109,370
$337,964
$447,334
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,290
$447,334

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$592,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$900/mo
+$590/mo
3.0%

City: Port Aransas

6877 STATE HWY 361 Highway 36 | Property Details | No Agent List