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$196,000

NAL Estimated Property Value

108 Palmetto Point, Rockport, TX, 78382

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$312.42 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1

Exterior

Lot Size8,803 sqft

Building Information

Year Built1967

Land Information

APN2711-000-059-000
Lot Number59
SubdivisionHoliday Beach Southview
Land UseResidential
Legal DescriptionHOLIDAY BEACH SOUTHVIEW, LOT 59
Census Tract950101
Assessed Land Value$26,420
Assessed Improvement Value$109,580
Assessment Year2025

About this property

Coastal living with extra space & income potential on 2 lots! Discover this unique property offering a 2-bedroom, 1-bath main home plus a 1-bedroom & 1/2 bath inside a spacious 800 sq. ft. metal building built in 2018—perfect for storing your boat, golf cart, and all your coastal toys, with plenty of space for projects or organized storage. The property also includes a separate metal storage shed for even more room to keep your gear secure and out of the elements. The home features a new metal roof installed in 2018, providing durability and peace of mind for years to come. Situated on Lot 58, you’ll even have room to build another structure on the 2nd lot next door if desired. This property has a proven record of resilience, with no flooding during Hurricane Harvey, and is surrounded by friendly neighbors who make the community even more inviting. Enjoy exceptional amenities, including access to a fishing pier, two gated boat launches, a community pool, and playgrounds—all just minutes from Goose Island State Park and the dining, shopping, and entertainment of Fulton and Rockport. Zoned for short-term rentals, this property offers flexibility as a primary residence, weekend getaway, or income-generating investment. Whether you’re looking for relaxation, adventure, or a smart coastal buy, this one checks all the boxes!

Investor Tools

Property Icon
$196,000
Estimated Property Value
$53,357Estimated Mortgage Balance
$142,643Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,599
$136,000
2025
$26,420
$109,580
$136,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,599
$136,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ditech Financial Llc
Conventional
$62,000
No
First
Apr 18, 2019
May 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,357
$142,643
72%
27%
$372/mo

City: Rockport

108 Palmetto Point | Property Details | No Agent List