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488 Margo Lane Port Aransas, TX $ 1,695,000
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$ 1,695,000 Get more info
488 Margo Lane
$ 1,695,000
Back to search
Share Save

488 Margo Lane

Port Aransas, TX, 78373
$ 1,695,000
Bedrooms5 Baths4.0 Sq 3,366

Monthly Estimate*

$ 11,707

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View a Virtual Tour

Single Family Home for sale in Port Aransas, TX

for $1,695,000 with 5 bedrooms and 4 full baths. This 3,366 square foot home was built in 1998 on a lot size of 0.41.

OPEN CANAL VIEWS! HUGE LOT! TWO LIVING SPACES! LARGE SQUARE FOOTAGE!! Welcome to 488 Margo Lane! Located in the coveted canal neighborhood of Island Moorings, this ICONIC 5-bedroom 4 bath home offers SO MANY unique and desired qualities!! Starting upstairs, the inverted floor plan hosting an open kitchen/living/dining space with cozy fireplace lives beautifully. Outside, the complete wrap around balcony extends the living space and offers stunning OPEN CANAL VIEWS!! Upstairs is complete with a spacious master suite, king guest bedroom, flexible study/bedroom, full bath and designated laundry room. Downstairs offers 2 guest bedrooms with king beds and en-suite bathrooms. A second family room entertains beautifully. Imagine grilling diner in the backyard and enjoying a family meal while taking in the great views! The updated dock space offers 2 boat slips with lifts. Unique to Port Aransas real estate, this property sits on a HUGE LOT! Extending down Bayside and fronting Margo Lane, there is plenty of room to add a pool, guest house or both! Offering a 3 car drive through garage, ample parking and plenty of storage this home would make a lovely primary residence or fabulous second home. Make your island dreams come true at 488 Margo Lane!

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Single Family Active

Price

$ 1,695,000

Bedrooms

5

Full Bath

4

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.41

Year Built

1998

Town/City

Port Aransas

County/Region

Nueces

MLS | Web ID

467366
Features
General
Utilities Municipal Utilities
Possession Close Of Escrow
HOA 500
Pool Features None
Property SubType Detached
Waterfront Features Channel Boat Ramp/Lift Access Canal Access
Assoc Fee Paid Per Annually
County Nueces
Property Type Residential
Home Owner Assoc true
Subdivision Name Mustang Beach
Garage Y/N true
Status Active
City Port Aransas
High School District Port Aransas ISD
Lot Size Square Feet 18025
Property Attached Y/N false
Standard Status Active
Middle/Junior School District Port Aransas ISD
Elementary School District Port Aransas ISD
Property Sub Type Additional Detached
Virtual Tour https://my.matterport.com/show/?m=18Lds2P2jVj&hl=0&ts=1&play=1
Cooling Central Air
Roof Shingle
Appliances Dishwasher Electric Cooktop Refrigerator Dryer Washer
Garage Spaces 3
Patio/Porch Features Covered Deck Patio
Architectural Style Detached
Construction Materials HardiPlank Type
Year Built 1998
Stories 2
Levels Two
Full Baths 4
High School Port Aransas
Elementary School Olsen
Middle/Junior High School Brundrett
Expected Active Date 2025-11-05T00:00:00Z
Association Fee Includes Other
Association Amenities Other
Disclosures Municipal Utility District Disclosure
View Water
Legal Description MUSTANG BEACH UNIT 2 BLK 1 LOT 6
Tax Lot 6
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Interior
Air Conditioning Y/N true
Fireplace Y/N true
Interior Features Open Floorplan Breakfast Bar
Flooring Tile
Half Baths 0
Total Bedrooms 5
Total Baths 4
Fireplace Features Wood Burning
Total Stories 2
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Exterior
Fencing Wood
Lot Features Corner Lot Landscaped
Lot Size Area 18025
Lot Size Acres 0.41
Waterfront Y/N true
Exterior Features Boat Lift Deck Dock Dog Run Irrigation Sprinklers
Foundation Details Slab
Building Area Total 3366
Parking Features Concrete Front Entry Garage Rear/Side/Off Street
Total Parking 6
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Internal Only
Street Number 1 488
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* Excluded Features
List By
Ryan Richter

Listing Agent

Tarpon Realty

Broker

ryanrichter78373@gmail.com

Email

Affordability Calculator

$11,707
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,707
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4018535 Elementary School
1792465 Middle School
Port Aransas High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/29/2026$1,695,000 -5.57% Price Down
8/6/2026$1,795,000 -5.28% Price Down
11/5/2025$1,895,000 Listed Price

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488 Margo Lane, Port Aransas, TX, 78373 is a Single Family Home for sale at $1,695,000 with 3,366 sqft and a lot size of 0.41. 488 Margo Lane has 5 bedrooms, 4.0 baths, and was built in 1998. The property's zip code is 78373 which is in Port Aransas, TX

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