2016-2022 s 11th street, port aransas, TX 78373

Rare beach-side find! $143k existing annual income with TWO beautiful homes TWO pools & FOUR additional potential lots on nearly ONE acre of land. This income-producing high-potential property sits right on S. 11th Street near Anchor Dr on 0.91 acres of land. The setup includes two adjacent 0.455-acre tracts (each 19 869 SF) each with its own beautifully update top-performing short term rental home PLUS engineered plans & space to add 4 more residential condo lots. 2016 S 11th aka 'Palm House' is a 4 bdrm 3 bath beauty. This fully furnished 3-story home features an AC game room private pool & Gulf peeks from the top deck & 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 dividing 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!

Information provided by South Texas MLS Listing information provided courtesy of the Corpus Christi Association of REALTORS^®. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Listing By: Tara Hogan of Mark Grosse Real Estate LLC, Phone: (361) 749-6603