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$975,500

Beds
5
Baths
4.0
sq ft
2,500

727 Parkplace, Port Aransas, TX 78373

727 Parkplace

Port Aransas, TX 78373

  • <1 day on market
    • Open house Jan 11
Looking for a great investment, or your private beach house?? Welcome to 727 Park Place, a charming beachside home in the Boardwalk subdivision. Built in 2005, this 5-bedroom, 4-bathroom retreat is ideal for a relaxing getaway or a smart investment. The property features a spacious yard (perfect for a pool), plenty of parking, and an elevator. Enjoy the wraparound porch, ocean breezes, and stunning sunsets. After a beach day, rinse off in the outdoor shower and fire up the grill near the carport. A private boardwalk leads directly to the beach, making sun, sand, and surf steps away. Inside, the ground floor offers a flexible room with a trundle bed and mini fridge, perfect for hosting up to 15 guests. The second floor features an open living/kitchen/dining area with vaulted ceilings, a primary bedroom with an ensuite bath, another large bedroom, and a full bath with private deck access. On the third floor, you’ll find two more spacious bedrooms, a full bath, and a deck with water views. HOA: $500/year.

Details

Property type

Single Family Residence

Est. home value

$1,233,800

Lot size

8,089 sq ft

Price per sq ft

$391

Year built

2005

Monthly HOA fee

$48.33

Price History

01/09/2025
SouthTexasMLS

SouthTexasMLS #452233

Listed
$975,500
09/25/2024
SouthTexasMLS

SouthTexasMLS #446008

Removed
08/24/2024
SouthTexasMLS

SouthTexasMLS #446008

Listed
$1,100,000

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

$806,508
Asking price
$975,500
Closing costs (~8% of asking)
-$78,040
Est. remaining loan balance
-$90,952
Cash to seller
$806,508

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

April 2010

Original loan amount

$246,483

Est. remaining balance

$90,952

Interest rate

4.95%

Loan type

New Conventional, 20 year

Seller

Richard K Svalesen and Teresita A Svalesen

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: 01/10/2025 at 2:35 AM

Listing updated: 01/09/2025 at 4:40 PM

Listed by: Mylin Anandula, LPT Realty, LLC Phone #: (877) 366-2213

MLS: SouthTexasMLS #452233

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