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$693,880

NAL Estimated Property Value

1118 Cape Velero Dr, Rockport, TX, 78382

$902,044 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,021 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.68 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4

Exterior

Lot Size15,425 sqft

Building Information

Year Built2022

Land Information

APN0960-002-035-000
Lot Number35
SubdivisionCape Velero Estates
Land UseResidential
Legal DescriptionCAPE VELERO ESTATES #1, BLOCK 2, LOT 35
Census Tract950501
Assessed Land Value$78,000
Assessed Improvement Value$615,880
Assessment Year2025

About this property

Elevate your lifestyle with an exceptional waterfront experience, where every morning greets you with stunning sunlight reflecting off the water and views that are the very definition of elegance meets comfort. Situated just outside of Rockport city limits. Enjoy convenient access to a private boat ramp located just a few hundred yards from the home--absolutely perfect for spontaneous days on the water. Whether you're heading out to fish, cruise, or simply soak up the sun, getting your boat in and out has never been easier! This beautiful home features a spacious open-concept layout, adorned with coastal accents that bring the essence of the sea indoors. Soft beach-inspired hues allow the breathtaking views to take center stage through expansive windows, while durable flooring flows effortlessly throughout, making it easy to maintain—even with sandy feet. The kitchen is a true highlight, featuring shimmering backsplashes that pay homage to the area's renowned fishing scene. A convenient half bath opens directly to the backyard, perfect for enjoying the outdoors. The luxurious primary en suite bathroom offers dual vanities, a relaxing deep soaking tub, and a large tiled shower for your comfort. With an attached 3-car garage, there's plenty of room for your beach gear, vehicles, and fishing gear! Nestled in Cape Velero, a pristine haven for sports enthusiasts, this property sits along the edge of Copano Bay, allowing you to embrace the calming rhythms of the tides and gentle breezes. Discover your personal oasis in this welcoming neighborhood, where all your worries fade away the moment you arrive! Newly upgraded plantation shutters add a stylish finishing touch to this coastal retreat.

Investor Tools

Property Icon
$693,880
Estimated Property Value
$473,304Estimated Mortgage Balance
$220,576Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$902,044
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,199 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$870/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,969
$693,880
2025
$78,000
$615,880
$693,880
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,969
$693,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$500,000
No
First
May 31, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$473,304
$220,576
31%
68%
$2,998/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.

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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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1118 Cape Velero Dr | Property Details | No Agent List