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$950,000

Beds
6
Baths
5.5
sq ft
4,005

211 W Oaks Ave, Port Aransas, TX 78373

211 W Oaks Ave

Port Aransas, TX 78373

  • 46 days on market
Three-unit residential income-producing property located in the Historical Heart of Old town on a large lot boasting mature landscaping, shade trees, and plenty of room for a pool. Stong history of short-term rental income! Each unit offers a living, kitchen, dining, private entrance, private patio, and plenty of yard space for entertaining. Upstairs there are two units. One offers 2 beds, 2 baths w/ sunroom, day bed & laundry room, the other offers 2 beds, 1.5 baths w/ laundry room. Downstairs you will find 2 beds, 2 baths, bonus room, & a game room with custom Tiki Bar & pool table, perfect for entertaining! Comes Fully furnished, including stainless steel appliances. Just steps away from restaurants, shops, bars, marina, Fisherman's Wharf, & the popular Sip Yard! Gross rent averages over $120k a year!

Details

Property type

Single Family Residence

Est. home value

$1,100,805

Lot size

9,579 sq ft

Price per sq ft

$238

Year built

1980

HOA

No

Price History

10/07/2024
SouthTexasMLS

SouthTexasMLS #449216

Listed
$950,000

Schools & Community

Elementary school: 

Olsen

Middle school: 

Brundrett

High school: 

Port Aransas

High school district: 

Port Aransas ISD

Number of units in community: 

3

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

$528,336
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$345,664
Cash to seller
$528,336

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

Seller’s Loan History

Lender

Primelending

Loan start date

December 2016

Original loan amount

$417,000

Est. remaining balance

$345,664

Interest rate

3.54%

Loan type

New Conventional, 30 year

Seller

Melanie Sanders

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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Status: Active

Tomo last checked: 11/22/2024 at 7:25 PM

Listing updated: 11/13/2024 at 7:10 AM

Listed by: Katherine Miller, Bluefin Realty Phone #: (361) 420-0123

MLS: SouthTexasMLS #449216

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