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$622,938

700 Island Retreat 138, Port Aransas, TX, 78373

$663,915 ARVInfo
SoldInfo
7/14/26
Beds4 Beds
Baths3 Bath
Baths1,648 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$379.25 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesTennis Court(s)
Lot Size9,409 sqft

Building Information

Year Built1978

Land Information

APN3739-0000-1380
SubdivisionIsland Retreat Ii
Land UseResidential Condominium
Legal DescriptionISLAND RETREAT II, BUILDING D, UNIT 138, 1.70% COMMON AREA INTEREST
Census Tract005103
Assessed Land Value$227,536
Assessed Improvement Value$395,402
Assessment Year2025

About this property

Outstanding Beachfront Views from the PENTHOUSE, TOP Floor in Island Retreat II!!! This condo has it all, the best location, four bedrooms, three bathrooms and the beach at your back door. Step into the open floor plan with beautiful natural light from the large windows and the private balcony. It's perfect for enjoying your morning coffee, evening cocktail or relaxing and soaking up some sunshine. The living room is a great gathering space and the working fireplace adds a cozy feel for all to enjoy after a day at the beach. The primary suite is a sanctuary for relaxing and has direct access to the balcony to listen to the soothing sounds of the waves. Guests will enjoy the privacy of a second en-suite bedroom, with two additional spacious bedrooms sharing the guest bath. A private elevator is shared only by the two penthouses. Located just steps from the boardwalk so you can dig your toes in the sand. Resort-style amenities include a multi-sport court for tennis, pickleball, and basketball, a large pool with cabana, outdoor picnic and BBQ areas, a children’s playground, and beautifully maintained grounds. Currently in rental. Easy access to enjoy all Port A offers with a short drive to shop, fish or enjoy one of the many restaurants.

Investor Tools

Property Icon
$622,938
Estimated Property Value
$0Estimated Mortgage Balance
$622,938Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$663,915
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$953/month
$776/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,321
$622,938
2025
$227,536
$395,402
$622,938
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,321
$622,938

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$622,938
100%
0%
$0/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.

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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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