Port Aransas Real Estate

PORT ARANSAS, Texas - Construction is underway on the five final townhomes in the first phase of The Cottages at Pirates Bay in Port Aransas.  The new three bedroom, two bath units offer the popular features that have made this development a tremendous success.  Coastal interiors with scored concrete floors, grainite counters, glass tile backsplash, wainscoting and stained wood ceilings just to name a few.  Also included are impact/storm windows and doors. Priced at $204,900 and completed Dec 2011 - January 2012

Two of the units have already sold and only three units remain in Phase I.  Low HOA fees and vacation rental revenue make these townhomes a popular choice.

PORT ARANSAS, Texas, Activity has been brisk in recent weeks at The Cottages At Pirates Bay in Port Aransas.  Four new three-bedroom units are under construction with another five set to begin at the end of the month. Several of these new units are still available for sale.  In addition to the new construction, all the existing Phase I units have been sold but the sales office / model home (Unit 118).

Buyers are discovering the incredible value and the cash flow opportunities that these popular vacation rentals can produce.  The new three bedroom units are priced at $204,900 and comparable existing units will generate $35k+ in gross rental revenue this year.  Based on all the recent activity, it appears to be a winning combination.

Construction has begun on four new 3BR Townhomes in Port Aransas

The lagoon pool at Pirates Bay

Thank you for visiting the Port Aransas real estate blog.

Keith McMullin – Broker/Realtor

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