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$271,500

1021 S Water St 312, Rockport, TX, 78382

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths621 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$437.2 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringTerrazzo, Tile

Building Information

Year Built1986

Land Information

APN7468-312
SubdivisionLaguna Reef Condominiums
Land UseResidential
Legal DescriptionLAGUNA REEF CONDOMINIUMS, UNIT 312, & UND 1.435% INT. COMMON ELEMENTS
Census Tract950400
Assessed Land Value$44,640
Assessed Improvement Value$221,570
Assessment Year2025

About this property

Wake up to breathtaking, forever bay views from this beautifully furnished 1-bedroom, 1-bath waterfront condo. Whether you're looking for a vacation retreat, investment property, or full-time coastal escape, this condo checks all the boxes. Enjoy your morning coffee or evening sunsets from the private balcony overlooking the water. Being sold fully furnished and move-in or rental ready. The pet-friendly complex offers exceptional amenities including a sparkling pool, hot tub, clubhouse, laundry facilities, private fishing pier, elevator access, and abundant unassigned parking. With its unbeatable waterfront location, resort-style amenities, and strong rental potential, this is your opportunity to own a piece of the Texas coast. Bring your suitcase-and don't forget your four-legged friend!

Investor Tools

$0Estimated Mortgage Balance
$269,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,629 /month
Positive
Cash Flow Estimate:
$543 /month

Interested in this property?

Traci Baucum

Kuper Sotheby's Intl Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,266
$266,210
2025
$44,640
$221,570
$266,210
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,266
$266,210

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$269,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rockport

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1021 S Water St 312 | Property Details | No Agent List