Property Attributes
- MLS#467366
- TypeSingle Family
- Listing Status Active
- CountyNueces
- CityPort Aransas
- NeighborhoodMustang Beach
- Zip78373
- Style
- Year Built1998
- Price$ 1,795,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3366
- Lot Size0.41 Acres
Data Source:
South Texas MLS, LLC
Property Description
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!
| Elementary School | Middle School | High School |
|---|---|---|
| Olsen Elementary School | Brundrett Middle School | Port Aransas High School |
| Price History | |
|---|---|
| 11/5/2025 | Listed $1,895,000 |
| 8/6/2026 | 5$1,795,000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 78373
In The Neighborhood
Port Aransas
$ 4,995,000
- Type
- Single Family
- Size
- 4,376 SqFt
- Rooms
- 4 Beds + 4.5 Baths
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
South Texas MLS, LLC. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.