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$1,209,000

NAL Estimated Property Value

708 Sunset Ave, Port Aransas, TX, 78373

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Private PoolPrivate Pool
Lot Size4,879 sqft

Land Information

APN6301-0006-0030
Lot Number3
Land UseVacant Lots & Tracts
Legal DescriptionPALMILLA BEACH P.U.D. UNIT 6A BLK 6 LOT 3
Census Tract006205
Assessed Land Value$322,872
Assessment Year2025

About this property

Water's Edge village is located in the high-end beach front development of Palmilla Beach Resort & Golf Community in Port Aransas, TX! The community was planned to ensure that every homesite benefits from stunning water and green space views. Property owners have 100% access to all the amenities Palmilla beach has to offer, which include an oasis-style pool with a swim-up bar, a 9-hole golf course offering stunning views, and direct access to a pristine section of beach where your chair and umbrella set up awaits! You will also enjoy Water's Edge coming amenities, including a lake boathouse, pickleball courts, resort pools, hiking trails, boardwalks and dining spots. Lot comes with Design Plans for luxury 4 bed/ 4.5 Bath home with rear facing garage. Your future beach house awaits! What are you waiting for?

Investor Tools

Property Icon
$1,209,000
Estimated Property Value
$225,865Estimated Mortgage Balance
$983,135Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,254 /month
Positive
Cash Flow Estimate:
$2,418 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,151
$322,872
2025
$322,872
N/A
$322,872
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,151
$322,872

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
R Bank
Conventional
$236,250
No
First
Dec 1, 2022
Jan 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,865
$983,135
81%
19%
$1,417/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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708 Sunset Ave | Property Details | No Agent List