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$869,000

Beds
3
Baths
2.5
sq ft
1,896

507 E Cotter Ave, Port Aransas, TX 78373

507 E Cotter Ave

Port Aransas, TX 78373

  • 5 days on market
Location, location, location… This charming coastal cottage is located in Old Town Port A on Cotter Avenue, just a short stroll away from all things Port A! Nestled on a spacious 5,000 square foot corner lot, this custom-built home has been cherished by a single family. Relax under the pergola in the front yard and enjoy the coastal breeze. Inside, you’ll find an inviting open concept design featuring granite countertops in the kitchen, stainless steel appliances, and sleek white subway tile. The master bedroom is conveniently located on the first level, while guests can enjoy their own space on the second level, where two guest bedrooms share a Jack and Jill bathroom. This home is zoned for nightly rentals and has a dedicated rental following. Plus, there's no troublesome HOA to contend with, keeping your holding costs low. The generously sized garage offers ample storage for all your beach gear and includes a utility sink. This well located coastal retreat is being offered fully furnished, making it turnkey for summertime fun! It won't last long, so HURRY, Don't Miss the Boat!

Details

Property type

Single Family Residence

Est. home value

$948,933

Lot size

5,001 sq ft

Price per sq ft

$459

Year built

2011

HOA

No

Price History

03/28/2025
SouthTexasMLS

SouthTexasMLS #456741

Listed
$869,000

Schools & Community

Elementary school: 

Olsen

Middle school: 

Brundrett

High school: 

Port Aransas

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

$440,936
Asking price
$869,000
Closing costs (~8% of asking)
-$69,520
Est. remaining loan balance
-$358,544
Cash to seller
$440,936

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

October 2017

Original loan amount

$423,200

Est. remaining balance

$358,544

Interest rate

3.82%

Loan type

New Conventional, 30 year

Seller

John B Wilson and James B Wilson

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?

Status: Active

Tomo last checked: 04/02/2025 at 8:00 PM

Listing updated: 03/28/2025 at 1:11 PM

Listed by: Ashleigh Robertson, Mark Grosse Real Estate LLC Phone #: (361) 749-6603

MLS: SouthTexasMLS #456741

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