NOT LISTED FOR SALE

501 Mercer St Port Aransas, TX 78373

Padre Island Neighborhood

Estimated Value: $244,879 - $335,000

0.16 Acre
$1,757,625 Price per Acre
7,113 Sq Ft Lot

Last Sold January 10, 2024

Current estimated payment $1,890/month

494 Days on Market

Highlights

  • Interior Lot
  • Olsen Elementary School Rated A-
  • 5-minute walk to Nueces County Park

About This Lot

As of January 2024

Incredible opportunity to own a piece of "TRUE" Old Town! This was one of the earliest areas settled in Port Aransas in the 1850s. Mercer Street was named for the first permanent settlers' family! Don't take our word for it, though; stroll a few blocks to the Port Aransas Museum and soak up some island history. This large lot is 7,115 square feet and approximate dimensions are 50' wide by 142.3' deep. Located near many special spots unique to Port Aransas: the harbor, the jetties, and the beach. Zoned R-1 means no short term rentals allowed, making this the perfect location for your dream beach house or second home. Golf cart accessible and NO HOA! Nestled on a quiet street in a neighborhood with no through streets. The size of this lot should allow for a large home, guest quarters, swimming pool and plenty of yard and garage space. There are no deed restrictions though so you could even build a small cottage! This area is PERFECT to walk, bike or cruise around town.

Last Agent to Sell the Property

Cherith Fenton

Whitten Real Estate, Inc. Brokerage Email: info@whittenrealestate.com License #0547464 Listed on: 08/27/2022

Last Buyer's Agent

Kathryn Ryan Richter

Tarpon Realty License #0635792

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,299

Lot Details

  • 7,113 Sq Ft Lot
  • Lot Dimensions are 50 x 142.3'
  • Interior Lot

Schools

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

Community Details

  • Ed Mercer Survey #11 Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 2

Property Details

Property Type

Land

Est. Annual Taxes

$4,299

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 0.16
  • Lot Size: 50 x 142.3'
  • Subdivision Name: Ed Mercer Survey #11
  • ResoPropertyType: Land
  • Attribution Contact: info@whittenrealestate.com
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Interior Lot
  • Waterfront: No

Utilities

  • Utilities: Other

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: 7113.0

Tax Info

  • Tax Block: 2
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2022
Closed on
Jan 10, 2024
Sold by
Keene Ralph G
Bought by
Richter Matthew M and Richter Kathryn R
Seller's Agent
Cherith Fenton
Whitten Real Estate, Inc.
Buyer's Agent
Kathryn Ryan Richter
Tarpon Realty
List Price
$339,000
Views
62
Current Estimated Value
$281,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richter Matthew M -- First Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold -- -- --
01/04/2024 01/04/24 Pending -- -- --
12/03/2023 12/03/23 Price Changed $285,000 -3.1% --
11/06/2023 11/06/23 Price Changed $294,000 -1.7% --
09/08/2023 09/08/23 Price Changed $299,000 -3.2% --
08/07/2023 08/07/23 Price Changed $309,000 -3.1% --
05/18/2023 05/18/23 Price Changed $319,000 -5.9% --
05/01/2023 05/01/23 For Sale $339,000 0.0% --
04/30/2023 04/30/23 Off Market -- -- --
08/27/2022 08/27/22 For Sale $339,000 -- --
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 $4,299 $285,000 $285,000 --
2024 $4,299 $334,405 $334,405 $0
2023 $5,754 $455,360 $455,360 $0
2022 $2,914 $188,548 $188,548 $0
2021 $2,412 $142,300 $142,300 $0
2020 $2,507 $142,300 $142,300 $0
2019 $2,646 $142,300 $142,300 $0
2018 $2,602 $142,300 $142,300 $0
2017 $2,597 $142,300 $142,300 $0
2016 $2,337 $128,070 $128,070 $0
2015 $2,295 $128,070 $128,070 $0
2014 $2,295 $120,955 $120,955 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cherith Fenton

    Whitten Real Estate, Inc.

    (361) 446-0496

    56 in this area

    63 Total Sales

    Section Image

  • K

    Buyer's Agent in 2024

    Kathryn Ryan Richter

    Tarpon Realty

    (361) 815-6784

    51 in this area

    56 Total Sales

    Section Image
See All Agents

Map

Source: South Texas MLS

MLS Number: 405467

South Texas MLS

APN: 266404

Texas Nueces County Port Aransas 78373 Padre Island

501 Mercer St, Port Aransas, TX

This home is located at 501 Mercer St, Port Aransas, TX 78373 since 27 August 2022 and is currently estimated at $281,220. 501 Mercer St is a home located in Nueces County with nearby schools including Olsen Elementary School, Brundrett Middle School, and Port Aransas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes