517 S Rife St, Aransas Pass, TX, 78336
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1945
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Electric Dryer Hookup,Freezer Space In Utility Room,Utility Room In House,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Dining Room
- Features: Kitchen/Dining
Features
- Dry Wall
- Window features: Storm Window/Door Coverings,Blinds
- Flooring: Laminate,Wood
- Fireplace features: None
Heating & Cooling
- Heating features: Central,Electric,Heat Pump
- Cooling features: Central Air,Electric,Mini-Split,Ceiling Fan(s)
Interior Area
- Total structure area: 1,958
- Total interior livable area: 1,958 sqft
Living Room
- Features: 1 Area/Room,Ceiling Fan(s)
Master Bathroom
- Features: Full Bath
Master Bedroom
- Features: Ceiling Fan(s)
Property
Details
- Parcel number: 001104860001006
- Zoning description: R
Features
- Levels: One
- Patio & porch: Front/Rear Porch,Screened Porch,Uncovered Patio/Deck
- Fencing: Partial,Wood
Lot
- Lot size: 0.43 Acres
- Features: Corner Lot,Wooded
- Lot size dimensions: 18750
Parking
- Total spaces: 2
- Parking features: Two,Garage Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Coastal Flooding
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,259 | $15,108 |
| Home Insurance * | $204 | $2,448 |
| Property Taxes | $411 | $4,932 |
| Electricity | $238 | $2,859 |
| Total | $2,112 | $25,344 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-27 | Price change | $249,000 |
| 2026-01-09 | Listed for sale | $247,500 |
| 2025-09-28 | Listing removed | $265,000 |
| 2025-07-09 | Price change | $265,000 |
| 2025-04-12 | Price change | $275,000 |
| 2025-02-02 | Listed for sale | $285,000 |
| 2016-01-25 | Sold | -- |
| 2015-12-09 | Pending sale | $139,000 |
| 2015-11-23 | Listed for sale | $139,000 |
| 2012-05-05 | Listing removed | $119,000 |
| 2012-04-28 | Listed for sale | $119,000 |
| 2012-03-16 | Listing removed | $129,900 |
| 2011-09-10 | Price change | $129,900 |
| 2010-10-06 | Listed for sale | $138,900 |
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