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$270,000

NAL Estimated Property Value

116 Greenway Ln, Rockport, TX, 78382

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,479 Sq Ft
price_per_sqft$192.7 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Electric Range
FlooringTile

Exterior

Exterior FeaturesGarden, Storage
Lot Size12,502 sqft

Building Information

Year Built1979
Garage Spaces2

Land Information

APN4826-006-008-000
Lot Number20
SubdivisionPeninsula Oaks
Land UseResidential
Legal DescriptionPENINSULA OAKS UNIT 2, BLOCK 6, LOT 20' OF 8, ALL OF 9 & 20' OF 10
Census Tract950400
Assessed Land Value$45,000
Assessed Improvement Value$120,730
Assessment Year2025

About this property

Welcome to 116 Greenway Lane in Peninsula Oaks subdivision of Rockport. This large, spacious, and beautifully updated home is situated on two generously sized lots at the end of a private cul-de-sac, offering exceptional privacy and room to spread out. Framed by mature oak trees in both the front and back yards, the setting is quintessentially coastal and inviting, with shade and greenery that create a serene, park-like atmosphere. As you arrive, you will appreciate the quiet street and the sense of seclusion without sacrificing the convenience of being close to everything Rockport has to offer. The home's updated interior features a thoughtfully designed and beautiful kitchen with modern finishes that will please any cook, offering excellent cabinet and counter space that make meal prep and entertaining a breeze. A flex space off the kitchen provides versatility for your lifestyle needs, serving perfectly as a formal dining area, a second living space, a home office, hobby room, or playroom. The spacious layout ensures plenty of room for friends, and guests to relax and feel at home. The attached two-car garage is not only practical for vehicles & storage but also features finished floors, insulated with a mini split, catering to DIY enthusiasts, hobbyists, or those needing extra utility space. The garage’s clean, polished floors make it functional and attractive, while still offering room for projects, tools, and additional storage options. Outside, the property is enhanced by two separate storage buildings located on the large double lot. These buildings provide excellent solutions for storing lawn equipment, tools, seasonal items, or recreational gear, keeping everything organized and out of sight while freeing up space inside the home and garage. The lot's size & the mature trees deliver the perfect backdrop for relaxing evenings outdoors, gatherings, gardening, or simply enjoying the quiet. Well water for irrigation.

Investor Tools

Property Icon
$270,000
Estimated Property Value
$250,041Estimated Mortgage Balance
$19,959Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$513
$165,730
2025
$45,000
$120,730
$165,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$513
$165,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$252,614
Yes
First
Sep 10, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,041
$19,959
7%
93%
$1,515/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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116 Greenway Ln | Property Details | No Agent List