#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Gibbs Cottage #3- Lost Flamingo- Own a piece of Port Aransas history at the iconic Gibbs Cottages, one of the island’s original fisherman-style cottage properties. Originally built to host visiting anglers and beachgoers, Gibbs Cottages has become a beloved Port A destination blending vintage island vibes with modern comfort.
This fully renovated cottage is turnkey and already established in a successful vacation rental pool with New Wave Vacation Rentals & Management, making it an ideal investment, weekend getaway, or personal coastal retreat. Renovations include updated finishes, fixtures, furnishings, décor, and thoughtful upgrades throughout while preserving the cottage’s relaxed beach town feel. All new furniture, decor, appliances, and upgrades convey with the sale, offering a truly move-in and rental ready opportunity.
The bright and inviting interior features warm wood plank ceilings, beadboard walls, wood flooring, and coastal inspired finishes throughout. The queen bedroom offers a cozy private retreat, while the living room includes a queen sleeper sofa for additional guest accommodations. The charming kitchen features open shelving, retro-inspired appliances, dining space, and efficient storage.
The beautifully updated bathroom offers a clean coastal-cottage aesthetic with classic white subway tile shower walls, warm wood-plank ceilings, plantation shutters, woven cane-front vanity cabinetry, stylish fixtures, and a bright spa-like walk-in shower.
Enjoy relaxing on the welcoming front porch featuring comfortable outdoor furniture, perfect for morning coffee while overlooking the historic palm trees lining the peaceful courtyard. Located in the heart of Old Town Port Aransas, this cottage is just minutes from the beach, marina, fishing, shopping, restaurants, nightlife, and all the popular Port A attractions, making it the perfect blend of historic charm, island lifestyle, and income-producing potential.
Property Type
Residential
Year Built
1937
Lot Size
0.04 acres
$/Sq Ft
$860
HOA
$286/mo
Garage
1 spaces
Listed by Atrium Real Estate Services
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
340 N Alister ST Unit #3 is listed at $349,000 with 2 bedrooms, 1 full bathrooms, 406 square feet, 0.04-acre lot.
340 N Alister ST Unit #3 is zoned for Port Aransas Isd with assigned schools: Outside School District (elementary), Outside School District (middle), Outside School District (high). School assignments should be verified directly with the district.
340 N Alister ST Unit #3 is a Residential built in 1937 featuring 2 bedrooms, 1 full bathrooms, 406 square feet, 0.04-acre lot.
340 N Alister ST Unit #3 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 340 N Alister ST Unit #3 is $3,833. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
Port Aransas Isd
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($70K)
$349,000
Luxury property intelligence
A sourced read on C0050 pricing, timing, and property scale. No automated valuation claim.
List price
$349,000
Price per sqft
$860/sqft
Vs. C0050 median
Not available
Days on market
32 days
Original to current
No verified reduction
$345K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 19, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($69,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 340 N Alister ST Unit #3 is around $2,130 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $349,000, 340 N Alister ST Unit #3 is in the C0050 market where there are currently 3 active listings in 78373.
340 N Alister ST Unit #3 was built in 1937 (89 years ago). Buyers should budget for potential updates to major systems.
340 N Alister ST Unit #3 includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
340 N Alister ST Unit #3 is part of a managed community with HOA dues of $286 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
3 events on record
Current Price
$349,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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