Unique potential income-producing property with exceptional investment potential. Situated on an oversized corner lot, this versatile property offers two separate residences plus additional value-added opportunities, making it ideal for long-term rentals, short-term rentals, or a live-in/lease-out strategy. The property features a 3-bedroom, 2-bath main home (1,414 sq ft) with a bonus room that can easily serve as a 4th bedroom or office, along with a detached 1-bedroom, 1-bath guest house (544 sq ft) offering a full kitchen and an additional 224 sq ft fully screened porch. Both homes are individually metered with separate addresses, allowing for seamless independent rentals. Additional structures include a detached 2-car garage and a separate storage structure with strong potential for conversion into a third living unit, further enhancing the income potential. Located less than 2 miles from Conn Brown Harbor and the Redfish Bay Causeway, this property is ideally positioned for short-term rental demand, fishing camp use, or workforce housing. Whether you choose to live in one unit while renting the other, lease both for maximum cash flow, or expand into a third rental, this property offers rare flexibility, a desirable location, and multiple revenue streams, making it a standout opportunity for investors and owner-occupants alike.
For sale
$247,500
517 S Rife St, Aransas Pass, TX 78336
4beds
1,958sqft
Est.:
Single Family Residence
Built in 1945
0.43 Acres Lot
$236,000 Zestimate®
$126/sqft
$-- HOA
What's special
Two separate residencesOversized corner lotSeparate storage structure
- 39 days |
- 411 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
JENNIFER HEDDLESTEN,
RE/MAX SECURITY R. E.
Source: RPMLS,MLS#: 149309
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Ceiling Fan(s)
Primary bathroom
- Features: Full Bath
Dining room
- Features: Kitchen/Dining
Living room
- Features: 1 Area/Room, Ceiling Fan(s)
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air, Electric, Mini-Split, Ceiling Fan(s)
Appliances
- Laundry: Electric Dryer Hookup, Freezer Space In Utility Room, Utility Room In House, Washer Hookup
Features
- Dry Wall
- Flooring: Laminate, Wood
- Windows: Storm Window/Door Coverings, Blinds
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,958
- Total interior livable area: 1,958 sqft
Property
Parking
- Total spaces: 2
- Parking features: Two, Garage Detached
- Garage spaces: 2
Features
- Levels: One
- Patio & porch: Front/Rear Porch, Screened Porch, Uncovered Patio/Deck
- Fencing: Partial,Wood
Lot
- Size: 0.43 Acres
- Dimensions: 18750
- Features: Corner Lot, Wooded
Details
- Additional structures: Separate Living Quarters, Storage
- Parcel number: 001104860001006
- Zoning description: R
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1945
Utilities & green energy
- Utilities for property: All Electric, Cable Available, Sewer Connected, Utilities On, Water Connected
Community & HOA
Community
- Features: RV / Boat Storage, Sidewalks
- Subdivision: Aransas Townsite
Location
- Region: Aransas Pass
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $214,715
- Annual tax amount: $4,309
- Date on market: 1/9/2026
Estimated market value
$236,000
$224,000 - $248,000
$2,240/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Listed for sale | $247,500-6.6%$126/sqft |
Source: RPMLS #149309 Report a problem | ||
| 9/28/2025 | Listing removed | $265,000$135/sqft |
Source:  South Texas MLS #454110 Report a problem | ||
| 7/9/2025 | Price change | $265,000-3.6%$135/sqft |
Source: South Texas MLS #454110 Report a problem | ||
| 4/12/2025 | Price change | $275,000-3.5%$140/sqft |
Source: RPMLS #147263 Report a problem | ||
| 2/2/2025 | Listed for sale | $285,000+105%$146/sqft |
Source: RPMLS #147263 Report a problem | ||
| 1/25/2016 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 12/9/2015 | Pending sale | $139,000$71/sqft |
Source: Myers-Gallagher, L.L.C. #242769 Report a problem | ||
| 11/23/2015 | Listed for sale | $139,000+16.8%$71/sqft |
Source: Coldwell Banker Myers-Gallagher, L.L.C. #242769 Report a problem | ||
| 5/5/2012 | Listing removed | $119,000$61/sqft |
Source: CENTURY 21 Lee Real Estate, Inc. #200586 Report a problem | ||
| 4/28/2012 | Listed for sale | $119,000-8.4%$61/sqft |
Source: Visual Tour #200586 Report a problem | ||
| 3/16/2012 | Listing removed | $129,900$66/sqft |
Source: Coldwell Banker Myers-Gallagher, L.L.C. #161202 Report a problem | ||
| 9/10/2011 | Price change | $129,900-6.5%$66/sqft |
Source: Coldwell Banker Myers-Gallagher, L.L.C. #161202 Report a problem | ||
| 10/6/2010 | Listed for sale | $138,900$71/sqft |
Source: Coldwell Banker Myers-Gallagher, L.L.C. #161202 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,309 +1.2% | $214,715 +0.3% |
| 2024 | $4,259 -6.7% | $214,043 -3.4% |
| 2023 | $4,563 +7% | $221,529 +19.3% |
| 2022 | $4,266 +21.9% | $185,724 +24.6% |
| 2021 | $3,499 +16.8% | $149,000 +22.8% |
| 2020 | $2,994 -10.3% | $121,374 -8.1% |
| 2019 | $3,340 +3.2% | $132,000 +1.7% |
| 2017 | $3,237 +15.3% | $129,850 +14.2% |
| 2016 | $2,808 +39.8% | $113,694 +4.9% |
| 2015 | $2,008 | $108,374 +25.8% |
| 2013 | $2,008 | $86,123 +7% |
| 2012 | -- | $80,454 +3.2% |
| 2011 | -- | $77,955 -5.9% |
| 2010 | -- | $82,873 +7% |
| 2009 | -- | $77,472 +10% |
| 2008 | -- | $70,429 +10% |
| 2007 | -- | $64,026 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | $1,505 +2.2% | -- |
| 2003 | $1,472 +234.1% | -- |
| 2002 | $441 +1.6% | -- |
| 2001 | $434 -3.3% | -- |
| 2000 | $448 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,602/mo
Principal & interest
$1140
Property taxes
$462
Climate risks
Neighborhood: 78336
Nearby schools
GreatSchools rating
- NAH T Faulk Early Childhood SchoolGrades: PK-2Distance: 0.6 mi
- 2/10A C Blunt Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Aransas Pass High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: Aransas Pass ISD
Source: RPMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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