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$779,000

NAL Estimated Property Value

700 Island Retreat, #123 Island Retreat, Port Aransas, TX, 78373

$825,737 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,648 Sq Ft
price_per_sqft$472.69 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Refrigerator, Dryer, Washer
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck, Sport Court

About this property

FRONT ROW, WIDE OPEN GULF VIEWS #123 is a top floor penthouse with shared elevator access for the two top floor owners only. Savor breathtaking views of the Gulf from this stunning 3-bedroom, 2-bathroom penthouse in the heart of Port A. Step out on the private balcony to enjoy your morning coffee, evening cocktail or relax and soak in the gulf breeze! This spacious condo has an open floor plan and large windows allowing for plenty of natural light. Three bedrooms, two bathrooms, two living/dining areas, laundry room and a huge kitchen make up this great floor plan. Recent remodeling, refurnishing and redecorating will have you off to a fresh start at your new island getaway! This unit is large enough to live in full-time, but can also be used as a vacation rental with the company of your choosing. Island Retreat condominiums offers the best of resort living with its direct beachfront location, beach walkover, pickleball courts, tennis courts, swimming pools, basketballs, playgrounds, grilling areas and some of the most wide-open green areas around. The views alone are worth $779,000! Owner/agent

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$825,736
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,674 /month
Positive
Cash Flow Estimate:
$1,558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$734/month
5.947%

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.

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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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