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$275,000

NAL Estimated Property Value

120 N Gagon St, Rockport, TX, 78382

$357,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,356 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.5 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2

Exterior

Lot Size8,194 sqft

Building Information

Year Built1954

Land Information

APN5550-006-009-000
Lot Number9,10
SubdivisionSmith And Wood
Land UseResidential
Legal DescriptionSMITH AND WOOD, BLOCK 6, LOT 9 & 10
Census Tract950301
Assessed Land Value$55,300
Assessed Improvement Value$206,400
Assessment Year2025

About this property

If you're seeking SALT life in the heart of Rockport, and a home where you could WORK and LIVE at the same site...look no further! Located in old Rockport, in the heart of the General Business district, this home has potential for use as a great business AND residential location. There are both residences and businesses in this mixed use area, including a coffee shop and a coastal "junque" shop, so this site could potentially be used for your business venture, also. As a homeowner, you'll love the full garage under the home for for storage of vehicles, boats, and more, or use it as a secondary open air living space, as this family does! Upstairs, the coastal cottage vibe continues, offering three bedrooms, a central living area and kitchen, and two full restrooms. For most salt lovers, the metal carport structure is the major draw, with height enough to cover your boat and trailer, RV, golf carts, and all your coastal toys! A 2019 roof and recent HVAC replacement make this Island style stilt cottage a winner, so come put your toes in the sand, your toys under cover, and enjoy strolling or rolling to local eateries, shops, galleries, and the Rockport Heritage District from your new home!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$0Estimated Mortgage Balance
$275,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$357,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,194
$261,700
2025
$55,300
$206,400
$261,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,194
$261,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$275,000
100%
0%
$0/mo

City: Rockport

120 N Gagon St | Property Details | No Agent List