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A+
NoAgentList RatingHow are grades calculated?Info
Days57Days on Market
Views1view
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$550,000

1022 Cape Velero Drive, Rockport, TX, 78382

$715,000 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,477 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.04 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Must-SellHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size21,771 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN0960-001-001-000
Lot Number1
SubdivisionCape Velero Estates
Land UseResidential
Legal DescriptionCAPE VELERO ESTATES #1, BLOCK 1, LOT 1
Census Tract950501
Assessed Land Value$174,170
Assessed Improvement Value$443,330
Assessment Year2025

About this property

This stunning Cape Velero bayfront home offers unbeatable views and plenty of space to enjoy the coastal lifestyle. The main suite is conveniently located downstairs, a formal dining room off the entrance can easily be transformed into a home office. The open kitchen features oak cabinets, an island, and ample space for entertaining. A full bathroom and laundry room off the garage entrance add extra convenience. Upstairs, you'll find two spacious bedrooms, a full bathroom, and a playroom—perfect for gathering and making memories. Step onto the extra patio to take in breathtaking sunrises and sunsets over the bay. Outdoors, the pier-deck is ideal for fishing, birdwatching, launching your kayak, or simply unwinding while taking in the panoramic water views. The sunroom offers endless possibilities, featuring windows that fill the space with natural light and showcase the stunning scenery. With plenty of parking in the attached garage and a large corner lot, this home is ready to welcome you to coastal living at its finest, located minutes from downtown Rockport Arts District, and to 35 Bypass to spend the day in Port A or daily commute to Corpus!

Investor Tools

$0Estimated Mortgage Balance
$617,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$715,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,705 /month
Positive
Cash Flow Estimate:
$1,235 /month

Interested in this property?

Nelida Spurrell

Keller Williams City-View

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
$397/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$861
$617,500
2025
$174,170
$443,330
$617,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$861
$617,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$617,500
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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