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$439,000

924 Sunset Ave, Port Aransas, TX, 78373

On MarketInfo
Just AddedInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size3,136 sqft

Land Information

APN6303-0011-0080
Lot Number8
Land UseVacant Lots & Tracts
Legal DescriptionPALMILLA BEACH P.U.D. UNIT 7 BLK 11 LOT 8
Census Tract006205
Assessed Land Value$207,900
Assessment Year2025

About this property

Welcome to your slice of paradise at Waters Edge in Palmilla Beach, Mustang Island’s premier coastal community. This homesite offers the perfect opportunity to design and build your custom coastal retreat with approved architects and builders, surrounded by 165 acres of classic coastal architecture, beautiful greenways, waterways, and resort-style living. And the best part? You don’t have to wait for your dream home to be finished to start enjoying the Palmilla Beach lifestyle! As a property owner, you can take advantage of the resort’s incredible amenities while your home is being designed and built. Spend your days enjoying two resort-style pools with cabanas and food service, including the only swim-up bar in Port Aransas, plus a heated year-round pool. Head to the beach and enjoy Palmilla’s VIP beach experience, where attendants can set up your chairs and umbrellas while you relax along the Gulf. Dining is just steps away with community favorites including Reds Patio Bar, Palmilla Beach Coffee, Skipjacks, and the Black Marlin. Stay active with manicured parks, a 24/7 fitness center featuring Peloton and Echelon equipment, and a private boardwalk providing direct beach access. Golf enthusiasts will love Palmilla Beach’s True-Links style golf experience, featuring a 9-hole course, driving range, and “The Loop” short course. And there’s even more to come. Planned additions include a lake boathouse, additional resort pools, nature trails, and a vibrant Town Center designed to make Waters Edge an even more complete coastal destination. Purchase your homesite today, start enjoying the Palmilla Beach lifestyle now, and build the coastal home you’ve been dreaming about for tomorrow.

Investor Tools

$282,262Estimated Mortgage Balance
$74,738Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

Interested in this property?

Laura Marie MacDonald

Keller Williams Coastal Bend

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,744
$207,900
2025
$207,900
N/A
$207,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,744
$207,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jefferson Bank
Open End Mortgage / Open End With Future Advance Clause
$290,000
No
First
Mar 28, 2025
Apr 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,262
$74,738
20%
79%
$1,739/mo

City: Port Aransas

924 Sunset Ave | Property Details | No Agent List