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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Port Aransas at 7550 La Concha Blvd, Port Aransas, TX, 78373 with 5% annual appreciation on a $619,000 basis while $3,598/mo rent supports operations. 1% in year one. Equity gained on principal adds $3,994/yr, and five-year appreciation sums $171,018 alongside rental yield of 6.98%. Five-year ROI measures 78.33% and total cumulative return in cash totals $159,529. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,598/mo property income versus a $3,030/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
5,500 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,617 (100%) |
| Owner Occupied HU | 1,209 (21.5%) |
| Renter Occupied HU | 407 ( 7.2%) |
| Vacant Housing Units | 4,001 (71.2%) |
| Median Home Value | $491,147 |
| Average Home Value | $604,986 |
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
Date | Event | Price |
|---|---|---|
| 2024-12-17 | Listed for sale | $619,000 |
| 2021-07-08 | Sold | N/A |
| 2021-05-23 | Pending sale | $72,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $478,500 | 10.00% |
| 2023-12-27 | $6343.00 | 570.21% | $435,000 | 913.99% |
| 2022-12-27 | $946.42 | -3.49% | $42,900 | N/A |
Listed by: Ashleigh Robertson • Mark Grosse Real Estate LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #451937
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
