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$775,000

Beds
3
Baths
3.0
sq ft
1,306

141 Mustang Royale, Port Aransas, TX 78373

141 Mustang Royale

Port Aransas, TX 78373

  • 372 days on market
This charming and nautical 3 bedroom, 3 bath home in Mustang Royale makes the best of coastal living. Open living, dining and kitchen with 1 bedroom down and 2 upstairs, each with it's own bath. This established and well maintained vacation rental is sold fully furnished with all the comforts of home. Plenty of outdoor seating on several levels with a crows nest for 360 degree views of Port A. Located just across the street from a nature pond and 3 doors down from the community pool. Take the cart accessible boardwalk to the beach to enjoy the Gulf and on into town for shopping and dining. The 2 car garage is set up as a game room that the kids are sure to enjoy. There is parking for up to 8 vehicles with a green space for pets. You will delight in the island life in this beautiful beach front community! Some furnishings and accessories will not convey. Flood insurance $997, Homeowners $2075, Windstorm $1284 all annually.

Details

Property type

Single Family Residence

Est. home value

$821,381

Lot size

6,299 sq ft

Price per sq ft

$594

Year built

2001

Monthly HOA fee

$170.83

Price History

11/10/2023
SouthTexasMLS

SouthTexasMLS #427362

Listed
$775,000

Schools & Community

Elementary school: 

Olsen

Middle school: 

Brundrett

High school: 

Port Aransas

Community features: 

Lake

High school district: 

Port Aransas ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$509,660
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$203,340
Cash to seller
$509,660

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

February 2016

Original loan amount

$247,200

Est. remaining balance

$203,340

Interest rate

3.97%

Loan type

New Conventional, 30 year

Seller

Shelly R Lugo and Rolando Lugo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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216 Mustang Royale, Port Aransas, TX 78373

Status: Active

Tomo last checked: 10/07/2024 at 7:20 AM

Listing updated: 10/02/2024 at 11:36 AM

Listed by: Julie Humble, Coldwell Banker Island Escapes Phone #: (361) 749-6000

MLS: SouthTexasMLS #427362

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