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Property profile & analytics
OFF-MARKET
Estimated value
$325,000
Residential income properties
134 Alister St 9 Port Aransas, TX 78373-4020
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-9504240
Property summary
AI-generated overview
This property is a home site located in Old Town Port Aransas, near dining establishments, the beach, the jetties, and Horace Caldwell Pier. The lot is approximately 1,535 square feet and is suitable for constructing a beach cottage for personal use and potential short-term rental income. It is a condominium form of ownership where grounds upkeep, water, and trash services are included in the HOA dues. The HOA dues are $435 per quarter.
Property profile
Verified
Property type
Residential income properties
Use group
DRY CLEANER
Year built
1946
Total area
456 SF
Lot
0.09 ac (4,051 SF)
APN
8120-0000-0090
UPID
US82-9504240
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Spanish Cottages Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$325k
Owner & transaction history
Kay Adams Garner · 3 yrs held
Kay Adams Garner
since 2023
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Port Aransas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Aransas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$325k
Range $293k – $358k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$713 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,529
Tax year 2023
Assessed value
$425,615
Assessed 2024
Previous assessed
$437,485
-2.7% YoY
Effective rate
1.30%
On assessed value
Assessed land
$186,898
Assessed improvement
$238,717
Land market value
$186,898
Improvement market value
$238,717
Total market value
$425,615
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income properties
Use group
DRY CLEANER
Status
Off-Market
Year built
1946
Heating
NONE
Stories
1
Total area
456 SF
Lot
0.09 ac (4,051 SF)
APN
8120-0000-0090
UPID
US82-9504240
Jurisdiction
NUECES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Kay Adams Garner
Individual
Free & Clear · 3 yrs held
Mailing address
1414 BLANTON PL, SHERMAN, TX 75092-5314
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2023
—
Kay Adams Garner
Kay Adams Garner
Intrafamily Transfer
related
—
Mar 2, 2023
—
Kay Adams Garner
Kay Adams Garner
Intrafamily Transfer
related
—
Jan 6, 2015
—
Fae Ward
Spanish Cottages LP
Warranty Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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