Drive-In RV Resort
5601 Highway 361 Unit 406 Port Aransas, TX 78373
For Sale
$374,500
Premium drive-in RV lot near the pool and clubhouse, with pond views and on-site resort amenities.
Property Size2,544 SF
Price / SF$147.21
Days on Market122
Property Features for 5601 Highway 361 Unit 406
General Information
- Standard status
- Active
- Size
- 2,544 SF
- Property subtype
- Land / Acreage
Listing Agency:
Coldwell Banker Island Escapes
(361) 563-7788
Listed By:
Julie Humble · License #0472565
(361) 563-7788
Source:
Compass
Added: Mar 26
Changed: Jul 23
Last Checked: Jul 24 at 1:02PM
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 Coldwell Banker Island Escapes
Investment Insights
Based on property information with market context.
This offering is a premium drive-in RV resort lot within Gulf Waters Beach Front RV Resort. Lot 406 is positioned closest to the pool and clubhouse and overlooks one of the resort’s three ponds. The site includes mature palms for shade, a storage shed, and a built-in outdoor cooking counter for meals.
Resort amenities include a large heated swimming pool and jacuzzi spa, on-site laundry facilities, restrooms with private showers, and an activity center/clubhouse. A cart-accessible boardwalk provides access over the dunes to the beach. On-site management handles renting the site when not in use and retains 25% of gross income.
Additional HOA dues are stated as quarterly and include wifi, cable, mowing, and trash. Water and electric are billed separately through the HOA.
Resort amenities include a large heated swimming pool and jacuzzi spa, on-site laundry facilities, restrooms with private showers, and an activity center/clubhouse. A cart-accessible boardwalk provides access over the dunes to the beach. On-site management handles renting the site when not in use and retains 25% of gross income.
Additional HOA dues are stated as quarterly and include wifi, cable, mowing, and trash. Water and electric are billed separately through the HOA.
Key Highlights
- Premium drive‑in RV lot with mature palms and pond view, located closest to the pool and clubhouse (Lot 406)
- On‑site resort amenities include a large heated swimming pool and jacuzzi spa
- Beach access with cart‑accessible boardwalk over the dunes to the beach, plus clubhouse and activity center
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.0k | $11.40 |
| − Vacancy | −$4.1k | −$1.61 |
| EGI | $24.9k | $9.79 |
| − OpEx | −$11.2k | −$4.41 |
| NOI | $13.7k | $5.39 |
2,544 SF · lease $11.40/SF/yr · vacancy 14.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$195.7K
$171.3K – $228.4K
NOI $13,702 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.63M
$2.30M – $3.07M
NOI $184,247 @ 7.0% cap · market cap 49.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Mobile home & RV park - Premium drive-in RV lot near the pool and clubhouse, with pond views and on-site resort amenities.
Where is this mobile home & rv park located?
The property is located at 5601 Highway 361 Unit 406 Port Aransas, TX.
What is the asking price?
The asking price for this property is $374,500.
What are key features of this property?
This property features: Premium drive‑in RV lot with mature palms and pond view, located closest to the pool and clubhouse (Lot 406); On‑site resort amenities include a large heated swimming pool and jacuzzi spa; Beach access with cart‑accessible boardwalk over the dunes to the beach, plus clubhouse and activity center
