Real Estate Investing in Port Aransas, Texas (78373)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78373 (Port Aransas, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 70.5% of homes vacant — above national norms.
- 1-year downturn: Values declined 3.7% in the last year.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Port Aransas, TX (78373)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 78373 Port Aransas
Not every below-median market is a bargain. Port Aransas's 78373 ZIP reports signals that favor experienced operators who can absorb the risk $520K pricing implies.
For an experienced owner, 78373 can be a worth a close look for hunting ground — but the discount at $520K reflects genuine risk that outside investors often underestimate.
Within TX, ZIP 78373 trails on several market indicators that neighboring Nueces County submarkets outperform. The gap is real and resilient enough to shape underwriting.
The 78373 ZIP's population of 3,314 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
The 78373 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Port Aransas:
Property Strategy for 78373
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $255,339 | $1,680 | 4.7% | +4.9% | $255,339 |
| 2BR | $386,201 | $2,050 | 3.8% | +6.4% | $193,100 |
| 3BR | $590,227 | $2,690 | 3.3% | +7.8% | $196,742 |
| 4BR | $840,642 | $3,080 | 2.6% | +9.2% | $210,161 |
Market Trends
Home Value History (with trend line)
📊 How Does 78373 Compare?
| Metric | 78373 | Port Aransas | Corpus Christi, TX | Texas |
|---|---|---|---|---|
| Home Value | $520,341 | $520,341 | N/A | $297,000 |
| 5-Year CAGR | 2.2% | 2.2% | N/A | 5.4% |
| Avg Rent | $1,845 | $1,845 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 78373 (Port Aransas, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $520,341 |
| Monthly Rent | $1,845 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 4.9% |
📈 Home Appreciation
| 1-Year | -3.7% ▼ |
| 3-Year CAGR | -5.3% ▼ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 78373
Population: 3,314
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 78373
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,107 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Port Aransas, TX?
The typical rental in Port Aransas, TX commands about $1,845/mo monthly. That rent profile predictable cash flow against the $520K purchase basis.
How strong is the working-renter base in Port Aransas, TX?
Tenant demand in Port Aransas, TX is solid. The local workforce $1,845/mo rents across most rental classes.
What is the typical vacancy rate in Port Aransas, TX?
Occupancy in Port Aransas, TX runs reliable with elevated vacancy. Well-priced units at $1,845/mo lease on reasonable timelines.
Is Port Aransas, TX better for rentals, flips, or BRRRR?
Port Aransas, TX investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($520K prices, $1,845/mo rents) make it a reasonable choice.
Is Port Aransas, TX a smart market for rental property?
With a 3.0/5 investability score, Port Aransas, TX ranks as a solid market for rental property investors. Median prices of $520K and rents of $1,845/mo drive the underlying numbers.
You know 78373 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 78373 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 78373 ranks in Corpus Christi, TX
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