Homes for sale - 2016-2022 S 11th ST, Port Aransas, TX 78373

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Victor Ronje

victor@texcoast.com +1(361) 549-0302

$ 2,075,000

Est. payment | -/mo

4,291 SqFt

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$ 2,075,000

Est. payment | -/mo

Save Virtual Tour

4,291 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 4,291 sqft

Price per Sqft $483

Subdivision Mustang Island

MLS Listing ID 459611

HOA Y/N No

Year Built 1998

Lot Size 0.910 Acres

Acres 0.91

Property Sub-Type Industrial

Property Description

Rare find on the beach side of Port A: 2 existing homes on nearly a full acre (0.9123 acres total) with land & engineered plans for 4 additional lots Boasting $143k annual gross income, this income-producing, high-potential property sits right on S. 11th Street near Anchor Dr. The unique setup includes two adjacent 0.455-acre tracts (each 19,869 SF), each with its own fully updated, top-performing short term rental home PLUS engineered plans & space to add 4 more residential condo lots on the total tract. 2016 S 11th, aka 'Palm House' is a 4 bdrm, 3 bath beautifully updated & furnished 3-story home. It features an AC game room, private pool & Gulf peeks from the top deck. It brought in $83,132 in rental income in 2024. Right next door, 2022 S 11th aka 'Agave House' is an equally cute & updated 3 bdrm, 2 bath home with its own pool & easy potential to become a 4 bdrm. It grossed $60,286 in 2024. That's over $143K in built-in income already flowing. And it gets better: sellers have fully engineered plans to replat the land into SIX total condo lots—two at 7308 SF, two at 7272 SF (with existing homes) & two at 5288 SF. The replat is straightforward, expected to cost under $600 & wrap up in about 60 days - ready for a buyer to submit. No HOA means flexibility for building, holding or flipping plus BUILT IN income so you can develop on your own timeline. Zoned TR-1 for short-term rentals to keep the cash flow coming. Ask about floor plans for new 6-bdrm homes designed to maximize rental income on the 4 new lots. Whether you're looking to expand a rental portfolio, develop & sell off lots, or create a mini compound, this one's loaded with potential. Golf cart a couple blocks to the beach or nearby shopping & dining. Opportunities like this are almost never available—seriously, don't miss THIS boat!

Location

State TX

County Nueces

Zoning TR-1

Interior

Heating Central, Electric

Cooling Ductless, Central Air

Fireplace No

Exterior

Parking Features Front Entry

Garage Spaces 16.0

Garage Description 16.0

Utilities Available Sewer Available, Water Available

View Y/N Yes

View Beach

Roof Type Shingle

Building

Lot Description Interior Lot, Level

Faces Southeast

Story 3

Entry Level Three Or More

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Others

Tax ID 548800440055

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/cor/459611

Corpus Christi/Coastal Bend (CCMLS) - South Texas MLS

Listed by Mark Grosse Real Estate LLC • Tara Hogan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(361) 549-0302

victor@texcoast.com

Corpus Christi, TX, USA

2016-2022 S 11th ST Port Aransas, TX 78373