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$599,000

689 Morgan, Port Aransas, TX, 78373

$778,700 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$279.91 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Must-SellDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
FlooringLaminate

Exterior

Exterior FeaturesDeck
Lot Size6,621 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7576-0003-0070
Lot Number7
SubdivisionSafe Harbor Addition Unit 2
Land UseResidential
Legal DescriptionSAFE HARBOR ADDITION UNIT 2 BLK 3 LOT 7
Census Tract005103
Assessed Land Value$264,640
Assessed Improvement Value$535,507
Assessment Year2025

About this property

Welcome to Twin Dolphin Cove, a fully furnished 4-bedroom, 3-bath home featuring a 2-car garage and an open-concept living area. The beautiful kitchen is perfect for preparing fresh local seafood. The layout includes two bedrooms on the second floor and two on the first floor. One of the downstairs bedrooms is currently outfitted with two full-over-full bunk beds, with ample space to add more if desired. You can also enjoy the Gulf breeze from the shaded front balcony. This property allows for short-term rentals, making it an excellent choice for an investment property or a personal home to create lasting memories.

Investor Tools

$153,304Estimated Mortgage Balance
$646,843Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$778,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,801 /month
Positive
Cash Flow Estimate:
$1,600 /month

Interested in this property?

Wayne Williams

Whitten Real Estate, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,326
$800,147
2025
$264,640
$535,507
$800,147
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,326
$800,147

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Champion Bank
Unknown
$215,000
No
First
Sep 26, 2013
Sep 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,304
$646,843
80%
19%
$1,290/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$1,290/mo
+$990/mo
3.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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689 Morgan | Property Details | No Agent List