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$435,000

NAL Estimated Property Value

1016 S Magnolia St, Rockport, TX, 78382

$542,843 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,824 Sq Ft
price_per_sqft$246.16 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Dryer, Refrigerator, Microwave, Oven, Range, Cooktop, Washer, Disposal
FlooringVinyl, Other

Exterior

Exterior FeaturesBarbecue, Balcony
Lot Size5,001 sqft

Building Information

Year Built1981
Garage Spaces1

Land Information

APN1575-037-012-000
Lot Number12
SubdivisionDoughty & Mathis
Land UseResidential
Legal DescriptionDOUGHTY & MATHIS, BLOCK 37, LOT 12
Census Tract950400
Assessed Land Value$85,000
Assessed Improvement Value$321,830
Assessment Year2025

About this property

Welcome to the Fun Life @ Rockport Beach, Tx! Located 2 Blocks from Aransas Bay and Just a Few Blocks from Downtown, Shopping, Cultural Arts, Dining and The Rockport Beach. This Beautiful Breezy, Recently Renovated Cozy Home Includes "Peek-a-Boo" Views of Aransas Bay from the Spacious Deck Adorned with Plenty of Outdoor Seating to also Capture Captivating Sunrise and Sunset. 4BR 2BA Split Arrangement Allows for Privacy. 2BR 1BA on First Floor/2BR 1BA on Second Floor. Luxury Vinyl Floors on Second Level. Blue Sky Painted Concrete on First Level. Large Chef's Kitchen w/Butcher Block Countertops and Huge Upgraded Granite Island Stands Out in the Open Concept Living/Dining/Kitchen. Create Coastal Warm Ambience w/Featured Electric Fireplace. Want to BBQ and Hang Out Downstairs? Lots & Lots of Entertainment Options. Plenty of Room in Fenced Backyard and Dual Roll Doors in the Garage for Passthrough Fun & Entertainment. Plentiful Parking with Gate for Security. Oh, AND Offered Turn-Key. 1031 Exchange Friendly. Investment Opportunity Awaits You! Short-Term Rental w/Income History. NOW is the Time to Invest in Rockport!

Investor Tools

Property Icon
$435,000
Estimated Property Value
$291,627Estimated Mortgage Balance
$143,373Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$542,842
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,519
$406,830
2025
$85,000
$321,830
$406,830
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,519
$406,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$306,000
No
First
Oct 30, 2023
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,627
$143,373
32%
67%
$1,835/mo

City: Rockport

1016 S Magnolia St | Property Details | No Agent List