Waterfront RV Resort
For Sale
$347,000
5601 Highway 361 Unit 450, Port Aransas, TX 78373
Gated resort site with beach access, waterfront outdoor seating, and a private storage shed.
Property Size3,050 SF
Price / SF$113.77
Days on Market336
Property Features for 5601 Highway 361 Unit 450
General Information
Standard status
Active
Size
3,050 SF
Property subtype
Land / Acreage
Amenities
storage shed
waterfront seating
GatedCommunity
Gated
Listing Agency:
RE/MAX Security Real Estate
Listed By:
Lisa McCoy · License #0720543
(832) 752-0040
Source:
Compass
Added: Nov 5, 2025
Changed: Oct 6
Last Checked: Oct 7 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Security Real Estate
Investment Insights
Based on property information with market context.
Unit 450 is a waterfront site within Gulf Waters Beachfront Resort and RV Park at 5601 Highway 361 in Port Aransas. The property includes waterfront seating, an outdoor alcove suited to meal preparation, and a small storage shed for personal belongings.
The site is currently enrolled in the resort’s year-round rental pool and has an established rental record. Community features include a clubhouse, heated pool, shower facilities, and a private boardwalk providing access to the beach. The boardwalk is accessible by golf cart, and the resort is gated.
The site is currently enrolled in the resort’s year-round rental pool and has an established rental record. Community features include a clubhouse, heated pool, shower facilities, and a private boardwalk providing access to the beach. The boardwalk is accessible by golf cart, and the resort is gated.
Key Highlights
- Unit 450 at Gulf Waters Beachfront Resort and RV Park
- Currently in the year‑round rental pool with a strong rental record
- Waterfront seating and outdoor alcove for meal preparation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,427
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,540
$328.5K
Cap Rate 7%
$234,671
$234.7K
Cap Rate 9%
$182,522
$182.5K
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$34.8K $11.40/SF
− Vacancy
−$4.9K −$1.61/SF
EGI
$29.9K $9.79/SF
− OpEx
−$13.4K −$4.41/SF
NOI
$16.4K $5.39/SF
Area
Nueces County, TX
Vacancy
14.10%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,540
Cap Rate 7%
$234,671
Cap Rate 9%
$182,522
Alternative Uses
Best Use
Apartment 5plus
$234.7K
$205.3K – $273.8K
NOI $16,427 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.16M
$2.76M – $3.68M
NOI $220,893 @ 7.0% cap · market cap 63.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 78373, TX
3,134
Population
5,614
Households
0.6
Avg Household Size
56
Median Age
38%
College-Educated
95%
High-School Grad
18.8 sq mi
ZIP Area
167
Density / Sq Mi
$90,000
Median Household Income
$52,353
Median Earnings
$2,226
Median Rent
$518,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Gated resort site with beach access, waterfront outdoor seating, and a private storage shed.
Where is this mobile home & rv park located?
The property is located at 5601 Highway 361 Unit 450 Port Aransas, TX.
What is the asking price?
The asking price for this property is $347,000.
What are key features of this property?
This property features: Unit 450 at Gulf Waters Beachfront Resort and RV Park; Currently in the year‑round rental pool with a strong rental record; Waterfront seating and outdoor alcove for meal preparation
