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$400,000

700 Island Retreat 162, Port Aransas, TX, 78373

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths878 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$455.58 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Must-SellHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
FlooringLuxury Vinyl Plank

Exterior

Exterior FeaturesHot Tub Spa, Sport Court, Tennis Courts
Lot Size5,924 sqft

Building Information

Year Built1978

Land Information

APN3739-0000-1620
SubdivisionIsland Retreat Ii
Land UseResidential
Legal DescriptionISLAND RETREAT II, BUILDING G, UNIT 162, 1.07% COMMON AREA INTEREST
Census Tract005103
Assessed Land Value$143,204
Assessed Improvement Value$256,034
Assessment Year2025

About this property

Experience coastal living at its finest with this ground-floor condo at the highly sought-after Island Retreat II. Ideally situated just steps from the shore via a beach crossover, this prime location eliminates the need for elevators and opens directly onto a green space right outside your back door. The community boasts an unbeatable array of amenities, including a fish cleaning station, sparkling swimming pools, tennis/pickleball courts and a spacious meeting room. Featuring two bedrooms and two full bathrooms, this move-in ready retreat is offered at an attractive price point—giving you the perfect opportunity to customize, update, and truly make it your own seaside sanctuary.

Investor Tools

$0Estimated Mortgage Balance
$399,238Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Christi Williams

Whitten Real Estate, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
$509/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,269
$399,238
2025
$143,204
$256,034
$399,238
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,269
$399,238

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$399,238
100%
0%
$0/mo

City: Port Aransas