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$379,000

106 & 110 Landry Circle, Rockport, TX, 78382

On MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,352 Sq Ft
Multi FamilyMulti Family
price_per_sqft$280.33 / sqft
Year BuiltBuilt in 2023

About this property

What better than 2 for the price of 1!! A total of 4 bedrooms, 2 bathrooms. These two new construction cottages can be sold as a premium investment package. Located in one of Rockport’s newest communities, Cape Cottages. Built with all upgraded finishes throughout. Fenced yards, luxury vinyl floors, quartz counters, marble and fired stone kitchen backsplashes. Both homes have kitchen appliances included. With over 1200 sf of living space and huge front porch on one and sizable back porch on the other. Make this property a place to call home on the weekend, full time or an investment. One cottage has a 12 month lease in place. Airbnb is allowed! Make them both rentals or enjoy one for yourself! Hoa covers sewer, front yard mowing, roads and common space. Developer has future plans for community park. Call today for more information or to schedule a tour

Investor Tools

Property Icon
$248,000
Estimated Property Value
$0Estimated Mortgage Balance
$32,773Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

Interested in this property?

Sarah Solis

Spears & Co Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$103/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$212,670
2025
$16,000
$196,670
$212,670
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$212,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Conventional
$223,250
No
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,227
$32,773
13%
87%
$1,339/mo

Learn About the Market: Opportunity in Texas

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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.

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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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106 & 110 Landry Circle | Property Details | No Agent List