Last list price
603 N Palimino Dr Port Aransas, TX 78373
Padre Island Neighborhood
7
Beds
5
Baths
2,912
Sq Ft
10,781
Sq Ft Lot
Highlights
- Concrete Pool
- RV Access or Parking
- Wood Flooring
- Olsen Elementary School Rated A-
- Deck
- No HOA
About This Home
As of September 2021Outstanding rental potential and sold fully furnished! Two home compound on two regular lots w/ large in ground pool. Close to the beach-short term rentals are allowed. These two homes are connected by a breezeway with lots of deck space. Main homes are on 2nd level. The West side home has 3 large bedrooms/2 full baths along with a spacious living and dining area. The kitchen was recently redone with new granite counters, backsplash, appliances etc. The East side house is 2 bedrooms/1 bath with living room and full kitchen. Both houses have their own laundry areas with washer/dryer. Both houses have two car garages underneath with partially finished apartments/bedrooms at the rear. Won't take much to finish them as they have been drywalled already. So many possibilities with this space. 100k plus rental potential! 2021 bookings for the year (including future reservations) totaling 99k gross income with more dates to fill in!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,030
Year Built
- Built in 1989
Lot Details
- 10,781 Sq Ft Lot
- Lot Dimensions are 50.57 x 107.23
- Private Entrance
- Wood Fence
- Interior Lot
- Sprinkler System
- Property is zoned TR-3, TR-3
Parking
- 4 Car Garage
- Off-Street Parking
- RV Access or Parking
Home Design
- Slab Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,912 Sq Ft Home
- 2-Story Property
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Brick
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Pool
- Concrete Pool
- In Ground Pool
Outdoor Features
- Deck
- Covered patio or porch
Schools
- Olsen Elementary School
- Brundrett Middle School
- Port Aransas High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Mustang Estates Pa Subdivision
Listing and Financial Details
- Short Term Rentals Allowed
- Legal Lot and Block 1 / 3
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2021
Closed on
Sep 29, 2021
Sold by
Equity Trust Company
Bought by
Dr Hoan Q Pho Md Integrative Health Sln
Seller's Agent
Kevin Hall
Sand Key Realty
Buyer's Agent
Kevin Hall
Sand Key Realty
List Price
$1,100,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%
Original Mortgage
$680,000
Outstanding Balance
$626,786
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$663,770
Purchase Details
Listed on
Aug 16, 2019
Closed on
Oct 25, 2019
Sold by
Dm Silver Properties Llc
Bought by
Equity Trust Company
Seller's Agent
Brandi Kirkeby
BK Properties
Buyer's Agent
Brandi Kirkeby
BK Properties
List Price
$675,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.19%
Purchase Details
Closed on
Feb 8, 2016
Sold by
Silvester Darren and Silvester Marilee
Bought by
Dm Silver Properties Llc
Purchase Details
Listed on
Apr 1, 2012
Closed on
May 16, 2013
Sold by
Wasser Richard C and Wasser Emily J
Bought by
Silvester Darren and Silvester Marilee
Seller's Agent
Shirley Holland
Mustang Island Realty
Buyer's Agent
Cynthia Frank
Silver Sands Realty LLC
List Price
$565,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$400,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Similar Homes in Port Aransas, TX
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Texas National Title | |
| Warranty Deed | -- | Texas National Title | |
| Warranty Deed | -- | Attorney | |
| Vendors Lien | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $680,000 | Commercial | |
| Previous Owner | $400,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | -- | -- | -- |
| 08/31/2021 08/31/21 | Pending | -- | -- | -- |
| 06/12/2021 06/12/21 | For Sale | $1,100,000 | +63.0% | $378 / Sq Ft |
| 10/25/2019 10/25/19 | Sold | -- | -- | -- |
| 09/25/2019 09/25/19 | Pending | -- | -- | -- |
| 08/16/2019 08/16/19 | For Sale | $675,000 | +19.5% | $232 / Sq Ft |
| 05/16/2013 05/16/13 | Sold | -- | -- | -- |
| 04/16/2013 04/16/13 | Pending | -- | -- | -- |
| 04/01/2012 04/01/12 | For Sale | $565,000 | -- | $153 / Sq Ft |
Source: South Texas MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $20,030 | $1,557,939 | $431,320 | $1,126,619 |
| 2023 | $17,698 | $1,400,503 | $431,320 | $969,183 |
| 2022 | $19,526 | $1,263,383 | $312,707 | $950,676 |
| 2021 | $14,255 | $840,830 | $312,707 | $528,123 |
| 2020 | $10,500 | $596,000 | $312,707 | $283,293 |
| 2019 | $14,621 | $786,195 | $312,707 | $473,488 |
| 2018 | $10,936 | $598,186 | $312,707 | $285,479 |
| 2017 | $14,488 | $793,850 | $312,707 | $481,143 |
| 2016 | $13,153 | $720,682 | $291,141 | $429,541 |
| 2015 | $9,493 | $682,327 | $248,009 | $434,318 |
| 2014 | $9,493 | $500,367 | $124,005 | $376,362 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Hall
K
Seller's Agent in 2021
Kevin Hall
Sand Key Realty
(361) 816-5166
18 in this area
18 Total Sales
-
Audrey Hall
A
Seller Co-Listing Agent in 2021
Audrey Hall
Sand Key Realty
(361) 332-1194
46 in this area
51 Total Sales
-
Brandi Kirkeby
Seller's Agent in 2019
Brandi Kirkeby
BK Properties
(361) 658-3823
21 in this area
61 Total Sales
-
S
Seller Co-Listing Agent in 2019
Sarah Martinez
Keller Williams Coastal Bend
-
S
Seller's Agent in 2013
Shirley Holland
Mustang Island Realty
-
Cynthia Frank
C
Buyer's Agent in 2013
Cynthia Frank
Silver Sands Realty LLC
(361) 739-4701
143 in this area
159 Total Sales
Map
Source: South Texas MLS
MLS Number: 383544
APN: 270316
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