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$498,950

NAL Estimated Property Value

123 Bishop Rd, Rockport, TX, 78382

$648,635 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.04 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3

Exterior

Lot Size16,875 sqft

Building Information

Year Built2007

Land Information

APN0406-000-002-000
Lot Number2
SubdivisionBayou Estates
Land UseResidential
Legal DescriptionBAYWOOD ESTATES, LOT 2
Census Tract950503
Assessed Land Value$60,750
Assessed Improvement Value$438,200
Assessment Year2025

About this property

Motivated Seller – Don’t Miss This Opportunity! Nestled among the majestic live oaks, this charming 3-bedroom, 2.5-bathroom home sits on a spacious .38-acre lot and features a brand-new pool (installed 2024) with a cool deck finish—perfect for enjoying coastal Texas living. Step inside to a warm and welcoming living area that flows into a stunning kitchen with custom cabinetry, granite countertops, stainless appliances, an island with an eating bar, and generous pantry space. The primary suite offers a peaceful escape with his-and-hers closets, a soaking tub, and a walk-in shower. Two guest rooms share a Jack & Jill bath, and the upstairs loft gives you flexible space for a game room, office, or extra bedroom. The fully fenced yard and gated entrance offer privacy, while the oversized detached garage provides room for vehicles or potential guest quarters. All this just minutes from Rockport's coastal charm and local amenities. Seller is motivated—bring your offer and make this Rockport gem yours today!

Investor Tools

Property Icon
$498,950
Estimated Property Value
$385,057Estimated Mortgage Balance
$113,893Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$648,635
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,147 /month
Positive
Cash Flow Estimate:
$1,049 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,220
$498,950
2025
$60,750
$438,200
$498,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,220
$498,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$389,600
No
First
Aug 14, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,057
$113,893
22%
77%
$2,336/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.

Explore Texas Explore This Area
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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123 Bishop Rd | Property Details | No Agent List