Corpus Christi, TX Real Estate

Port Royal


6317 State Hwy 361
Unit 3304
Port Aransas, TX 78373


  • Features
  • Interior
  • Exterior
  • Community
Gorgeous view of the gulf and Blue Lagoon Pool. Only minutes to the beach for your morning walk. Recently remodeled with new ceramic tile in living areas and kitchen, carpet in bedrooms. All new appliances. Large patio. For the golfers, Arnold Palmer's Golf Course is just down the road.

210 total units
Unit 3304
HOA Dues $955 monthly Property Taxes $546.00 annual
Two covered parking spaces per unit
HOA Dues include: General Dues $549.52
Insurance 202.58
Maintenance 165.16
Telephone 18.35
Cable 19.58

Rental Revenue 2007 $ 49,544.67
Management Retention 23,243.06
HOA Fees 11,460.00
NOI 14,841.61

Rental Revenue 2006 $ 48,030
2005 46,460
2004 39,833
2003 36,723
2002 39,758

Average Daily Rate $ 242-252
Occupancy Rate 2006 66.9%

This unit has above average performance due to repeat customers and specific requests at reservation. Rental income up 3.23% over 2006. In addition to rental income the units share in the gross revenue distributed from the restaurant, gift shop, and bar. The additional income for 2007 was $3,335.00. When a unit is purchased two months HOA dues are put in reserve fund which is non-refundable. General dues include maid service, advertising, brochures, travel agency commissions, salaries, and other expenses for rental company.

5-10-08

  • Neighborhood: Port Royal
  • Type: Condo/Townhouse for Sale
  • Floors: Single Story
  • Parking/Garage: 2
  • Bedrooms: 2
  • Baths: 2
  • Half Baths: 0
  • Square Feet: 1,360
  • Year Built: 1985
  • School District: Port Aransas ISD
  • Appliances
  • Disability Features
  • Jet Tub
  • Deck/Patio
  • Grill/Barbeque
  • Landscaping
  • Clubhouse/Rec. Room
  • Golf
  • Guest Parking
  • Swimming Pool
  • Tennis

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