Owner
$943,203
516 E AVENUE C, PORT ARANSAS, TX
Quick Facts
owner occupied
No
vacant
No
corporate owner
Yes
beds
3
baths
0
sq. ft.
1,889
property type
Single Family Residential
hoa
No
About
Residential
Living Area
Attached Garage
2 Stories
Central
Pool (Yes)
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2003
Building Size
1,889 sq ft
Lot Size
5,250 sq ft
Lot Size (Acres)
0.12 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
184372
County
Nueces County, Texas
Metro Area
Corpus Christi, TX
Zoning
—
Neighborhood/Subdivision
ARANSAS HOLDING CO S/D C
Lot Number
7&8
School District
Port Aransas Independent School District
Legal Description
ARANSAS HOLDING CO S/D C LTS 7 & 8 BLK 125
Tax & Value Information
Market Value (Total)
$1,047,113
Building Value
$711,113
Land Value
$336,000
Annual Property Tax
$13,462
Tax Assessment Year
2024
Assessed Value
$1,047,113
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
5/31/2022
Recording Date
6/2/2022
Sales Document #
2022.26909
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$36,497
Return on Investment
15.60%
After Repair Value
$1,037,523
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$848,883
Renovation Cost
$47,160
Closing Costs (buying)
$16,978
Holding Costs
$25,754
Selling Costs
$62,251
Total Investment
$233,914
After Repair Value (ARV)
$1,037,523
Total Costs
$1,001,026
Estimated Profit
$36,497
Cash Invested
$216,937
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area