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$749,500

520 W Avenue A, Port Aransas, TX, 78373

$871,164 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths2,069 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$362.25 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator Included
FlooringLaminate

Exterior

Exterior FeaturesBack Green Space, Balcony
Lot Size4,617 sqft

Building Information

Year Built2001
Stories3
Garage Spaces2

Land Information

APN5488-0072-0054
Lot Number5
SubdivisionMustang Island
Land UseResidential
Legal DescriptionMUSTANG ISLAND 50' X 92.22' OUT OF LT 5 BLK 72
Census Tract005104
Assessed Land Value$256,187
Assessed Improvement Value$304,276
Assessment Year2025

About this property

Turn-key, high-performing investment opportunity sold fully furnished & equipped for immediate rental! In the heart of Port Aransas, TX, less than a mile off the ferry! Set up for high occupancy, this 3-story, 4-bedroom, 3.5-bath beach bungalow is a seamless income producer within walking distance of the island’s top beaches, dining & shopping. Completely remodeled & professionally styled, the home features a bright, sunlit interior, durable wood laminate flooring, granite countertops, custom soft-shut cabinets & stainless-steel appliances. 1,100 square feet of outdoor living space across 3 sunset-viewing decks & a relaxing private yard. Oversized two-car garage offers crucial storage space for golf carts, beach gear, or an owner's lock-off. Capitalize on maximum rental-skip the setup hassle—this coastal gem is ready to generate revenue from day one!

Investor Tools

$574,472Estimated Mortgage Balance
$205,528Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$871,164
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,680 /month
Positive
Cash Flow Estimate:
$1,560 /month

Interested in this property?

Jerri Ann Taylor

Diggs Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,099/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,294
$560,463
2025
$256,187
$304,276
$560,463
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,294
$560,463

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens State Bank
Unknown
$644,000
No
First
Mar 1, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$574,472
$205,528
26%
74%
$3,862/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$3,862/mo
$-1,082/mo
4.3%

City: Port Aransas

520 W Avenue A | Property Details | No Agent List