NOT LISTED FOR SALE

500 S Gulf St Port Aransas, TX 78373

Padre Island Neighborhood

Estimated Value: $605,617 - $792,000

0.08 Acre
$8,901,925 Price per Acre
3,751 Sq Ft Lot

Last Sold May 11, 2021

Current estimated payment $4,373/month

37 Days on Market

Highlights

  • Corner Lot
  • Olsen Elementary School Rated A-
  • No HOA

About This Lot

As of May 2021

Affordable CORNER lot in the heart of Old Town Port A! Have you been waiting for a little piece of the island to create your own beach escape? This is it! This sweet little lot is zoned to allow short term rentals, is just a short golf-cart ride to the beach, walkable to shops & dining, and has NO deed restrictions so you can build what you want when you want. Property is 60' W x 62.5' D, level & ready to build, with water & sewer taps believed to be on-site. Corner lot even gives you a big side yard for a pool! City minimum build size is 600 SF but few other restrictions - NO HOA & no time-line to build. Zoned R-2, corner lot. 2020 taxes just $1081.

Last Agent to Sell the Property

Tara Hogan

Mark Grosse Real Estate LLC License #0620385 Listed on: 03/04/2021

Last Buyer's Agent

Jannine Osborne

By the Shores Realty Group License #0617156

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,751

Lot Details

  • 3,751 Sq Ft Lot
  • Lot Dimensions are 60 x 62.5
  • Corner Lot
  • Interior Lot
  • Level Lot
  • Property is zoned R-2, R-2

Schools

  • Olsen Elementary School
  • Brundrett Middle School
  • Port Aransas High School

Community Details

  • No Home Owners Association
  • Aransas Holding Co Sub C Subdivision

Listing and Financial Details

  • Legal Lot and Block 20-R / 5

Property Details

Property Type

Land

Est. Annual Taxes

$7,751

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size: 60 x 62.5
  • Road Surface Type: Paved
  • Subdivision Name: Aransas Holding Co Sub C
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Single Family

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Interior Lot, Level
  • Topography: Level

Utilities

  • Sewer: Public Sewer
  • Utilities: Municipal Utilities, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Olsen
  • Junior High Dist: Port Aransas ISD
  • High School: Port Aransas
  • Middle Or Junior School: Brundrett

Lot Info

  • Lot Size Sq Ft: 3751.0
  • Zoning Description: R-2
  • Zoning: R-2

Tax Info

  • Tax Block: 5
  • Tax Lot: 20-R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 10, 2021
Sold by
Moczygemba Alice
Bought by
Deulofeut Richard and Deulofeut Zarife M
Seller's Agent
Tara Hogan
Mark Grosse Real Estate LLC
Buyer's Agent
Jannine Osborne
By the Shores Realty Group
List Price
$165,000
Current Estimated Value
$712,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.66%
Original Mortgage
$128,000
Outstanding Balance
$119,091
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$593,063

Purchase Details

Listed on
Apr 14, 2020
Closed on
May 8, 2020
Sold by
Drain Bill and Estate Of Jack C Jameson
Bought by
Moczygemba Alice
Seller's Agent
Ashleigh Robertson
Mark Grosse Real Estate LLC
Buyer's Agent
Tara Hogan
Mark Grosse Real Estate LLC
List Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
111.74%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Deulofeut Richard -- First Title Company
Moczygemba Alice -- First Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deulofeut Richard $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2021 05/11/21 Sold -- -- --
04/11/2021 04/11/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $165,000 +120.0% $221 / Sq Ft
05/08/2020 05/08/20 Sold -- -- -- View Prior Sale
04/14/2020 04/14/20 For Sale $75,000 -- $100 / Sq Ft
Source: South Texas MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,751 $505,560 $221,250 $284,310
2024 $7,751 $602,921 $0 $0
2023 $3,313 $262,174 $168,750 $93,424
2022 $1,536 $99,375 $99,375 $0
2021 $1,081 $63,750 $63,750 $0
2020 $1,123 $63,750 $63,750 $0
2019 $1,186 $63,750 $63,750 $0
2018 $2,283 $124,872 $63,750 $61,122
2017 $2,576 $141,171 $63,750 $77,421
2016 $2,138 $117,156 $56,250 $60,906
2015 $2,138 $124,934 $37,500 $87,434
2014 $2,138 $112,688 $37,500 $75,188
Source: Public Records

Agents Affiliated with this Home

  • Tara Hogan

    Seller's Agent in 2021

    Tara Hogan

    Mark Grosse Real Estate LLC

    (806) 729-1778

    170 in this area

    187 Total Sales

    Tara Hogan
    Section Image
  • Jannine Osborne

    Buyer's Agent in 2021

    Jannine Osborne

    By the Shores Realty Group

    (361) 688-0067

    16 in this area

    39 Total Sales

    Jannine Osborne
    Section Image
  • Ashleigh Robertson

    Seller's Agent in 2020

    Ashleigh Robertson

    Mark Grosse Real Estate LLC

    (361) 813-5369

    129 in this area

    141 Total Sales

    Ashleigh Robertson
    Section Image
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Map

Source: South Texas MLS

MLS Number: 378429

South Texas MLS

APN: 381207

Texas Nueces County Port Aransas 78373 Padre Island

500 S Gulf St, Port Aransas, TX

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