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For sale
  • $1,995,000

    488 Margo Ln, Port Aransas, TX 78373

    5beds
    3,366sqft
    : 
    Single Family Residence
    Built in 1998
    0.41 Acres Lot
    $1,844,000 Zestimate®
    $593/sqft
    $42/mo HOA

    What's special

    Cozy fireplaceWrap around balconyHuge lotUpdated dock spaceTwo living spacesInverted floor planSpacious master suite
    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!
    64 days
    on Zillow
    |
    468
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 26, 2025 at 12:38pm

    Listed by:

    Ryan Richter 361-815-6784,

    Tarpon Realty

    Source: South Texas MLS,MLS#: 460190MLS LogoOriginating MLS: Corpus Christi
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 488 Margo Ln.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Cooktop, Refrigerator, Dryer, Washer
    Features
    • Open Floorplan, Breakfast Bar
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 3,366
    • Total interior livable area: 3,366 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Concrete, Front Entry, Garage, Rear/Side/Off Street
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Patio
    • Exterior features: Boat Lift, Deck, Dock, Dog Run, Sprinkler/Irrigation
    • Pool features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Channel, Boat Ramp/Lift Access, Canal Access
    Lot
    • Size: 0.41 Acres
    • Features: Corner Lot, Landscaped
    Details
    • Parcel number: 547400010060

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Year built: 1998

    Utilities & green energy

    • Utilities for property: Municipal Utilities

    Community & HOA

    Community
    • Subdivision: Mustang Beach
    HOA
    • Has HOA: Yes
    • Amenities included: Other
    • Services included: Other
    • HOA fee: $500 annually
    Location
    • Region: Port Aransas

    Financial & listing details

    • Price per square foot: $593/sqft
    • Tax assessed value: $1,757,763
    • Annual tax amount: $22,599
    • Date on market: 6/6/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
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