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Port Aransas · C0050

$349,000 70 days on market

Reduced from $355,000 · −1.7%

340 N Alister St #3, Port Aransas, TX 78373

  • 2bedrooms
  • 1bathrooms
  • 406sqft
  • 0.04acres
  • 1937year built

About this home

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
Condominium
Levels
One
Year built
1937
Lot size
0.04 acres
Subdivision
C0050
MLS #
ACT1106618

Inside

Bedrooms
2
Bathrooms
1
Living area
406 sqft

Schools

Elementary
Outside School District
High school
Outside School District
District
Port Aransas Isd

Costs

HOA
$286 / monthly
Est. annual taxes
$3,787 (2025)

Listing

First listed
May 18, 2026
Days listed
70
Original price
$355,000
Status
Active

Listed by Lory Johnson, Atrium Real Estate Services · [email protected] · MLS# ACT1106618 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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