Port Aransas
Port Aransas, on Mustang Island, is a growing Texas Gulf Coast short-term rental market with ferry access, appealing to physician investors seeking beach vacation-rental income. Properties average about $225 per night at 62% occupancy — roughly $140 RevPAR and around $4,200 in monthly revenue — against a purchase price near $385,000. As an expanding coastal destination with no state income tax, it offers steady seasonal cash flow, though property taxes run higher at 1.81%. Moderate short-term-rental regulations apply, so verify local short-term-rental rules before closing. It is a growth-oriented Gulf Coast STR play for doctors buying into an expanding island market.

Market Analysis
Why physicians are looking at Port Aransas
Port Aransas is the growth story on the Texas coast: a Mustang Island beach town whose ferry crossing is part of the brand, drawing a loyal, returning guest base while the market itself expands. It is also a market built for owners who delegate. Run it like a call schedule you've signed out — professional STR management takes the summer-Saturday chaos, the ferry-delayed guest arrivals, and the maintenance surprises, while you review the monthly statement. Remote island ownership without professional coverage is how vacations become second jobs.
The numbers, interpreted
About $225/night at 62% occupancy produces roughly $140 RevPAR and an estimated $4,200/mo in gross revenue, against a $385,000 purchase price. Underwrite it as a hospitality business: net lands well below gross after management, cleaning, coastal insurance, and platform fees. Positioning within the coastal set: Galveston offers a cheaper $335,000 entry with metro-adjacent volume, while South Padre posts a higher $295 ADR on a spikier calendar at the same $385,000 basis. Port Aransas sits between them — an expanding market with steadier family-repeat demand than a spring-break economy.
Costs and rules to underwrite
No state income tax helps; property taxes at 1.81% — roughly $6,970/yr on a $385,000 property — do not. Coastal insurance is the other structural line: windstorm and flood coverage on a barrier island demands real quotes before you commit. Port Aransas is a Moderate Regs STR market — verify local short-term-rental permitting, registration, and any zone restrictions with the city before closing. Rules have evolved as the market has grown, so check the current version, not last year's.
Building your local team in Port Aransas
On an island reached by ferry, the local team makes or breaks the investment more literally than almost anywhere — when a July air-conditioner dies, your manager's response time is your review score. Build around professional STR management with genuine island operations, furnishing capital for a coastal property guests remember, and a realtor who knows Mustang Island's flood zones and rental blocks in detail. Themed properties and standout amenities often tip the comparison when guests shop beach listings side by side — distinctive beats generic on every results page. Dr Home Investor shortens the build by introducing vetted local team members — including a Realtor match with boots on the ground on the Texas coast — instead of a blind Google search from three states away.
Bottom line
Port Aransas is the growth-tilted Texas coastal play: $225/night, an estimated $4,200/mo gross, and an expanding Mustang Island market at a $385,000 entry. Underwrite the 1.81% taxes and island insurance honestly, verify the STR rules, and let professional management run the operation. Explore other Texas markets for the state's full range. Before committing, compare this market against the best real estate markets for physician investors.
Frequently Asked Questions
Is Port Aransas a good short-term rental market for physician investors?
Yes — Port Aransas pairs a growing Mustang Island market with solid economics: about $225/night at 62% occupancy (~$140 RevPAR, ~$4,200/mo gross) against a $385,000 entry.
How much does a short-term rental cost in Port Aransas?
About $385,000, generating an estimated $4,200/mo gross. Budget additionally for coastal furnishing and barrier-island insurance — both are structural, not optional.
What distinguishes Port Aransas from other Texas beach markets?
Trajectory and temperament: it is an expanding market with ferry-access charm and family-repeat guests — steadier than South Padre's spring-break spike, more growth-oriented than established Galveston.
Are short-term rentals legal in Port Aransas?
Regulation is moderate — verify city permitting, registration, and zone rules before you close. Island jurisdictions update STR rules more often than inland ones.
What costs define a Port Aransas pro-forma?
Property taxes at 1.81% (~$6,970/yr on $385,000) plus windstorm and flood insurance. Get binding quotes early — insurance variance between properties can exceed the difference in asking prices.
Investment Snapshot
Median Home Value
$385,000.00
Single family
Monthly rent
$1,500.00
Market Average
Gross rent mult.
21.4x
Lower = Better
Est. cap rate
~2.9%
Gross estimate
Property tax rate
1.81%
State average
Rental Strategy Performance
Monthly rent
$1,500.00
Est Market Average
Gross rent mult.
21.4x
Lower = Better
Est. cap rate
~2.9%
Before financing
All 12
Texas
Markets
Houston
LTR
•
Rank
1
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GRM
13.8
San Antonio
LTR
•
Rank
2
•
GRM
14.3
Fort Worth
LTR
•
Rank
3
•
GRM
14.9
Dallas
LTR
•
Rank
4
•
GRM
15
All figures are estimates based on publicly available market data and are for general research purposes only. Cap rates, rent estimates, and STR performance are market averages and do not guarantee individual property performance. Consult a licensed real estate professional, CPA, or attorney before making investment decisions. Dr Home Investor does not guarantee the accuracy of third-party market data.