NoAgentList RatingHow are grades calculated?

61Days on Market

1view

$197,000

123 Cenizo, Rockport, TX, 78382

$198,074 ARV

On Market

3 Beds

1 Bath

1,158 Sq Ft

Single Family Residence

$170.12 / sqft

Built in 1972

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

AppliancesElectric Oven, Electric Range, Range Hood

FlooringTile, Vinyl

Exterior

Private Pool

Exterior FeaturesDog Run, Storage

Lot Size7,932 sqft

Building Information

Year Built1972

Land Information

APN4825-010-012-000

Lot Number12

SubdivisionPeninsula Oaks

Land UseResidential

Legal DescriptionPENINSULA OAKS UNIT 1, BLOCK 10, LOT 12

Census Tract950501

Assessed Land Value$35,700

Assessed Improvement Value$86,300

Assessment Year2025

About this property

Owner Financing Available | Under $200K Near Rockport Beach | Updated Home with Bonus Room Potential Now priced at $197,000, this move-in ready Rockport home offers a rare opportunity to own near the Texas coast with flexible owner financing available. This 3-bedroom, 1-bath home includes a bonus room that may offer the option to create a private primary suite and potentially add a second bathroom, giving buyers the ability to increase value over time (buyer to verify). Recent updates include HVAC (2025), flooring (2025), water heater (2025), stove (2025), and fresh interior and exterior paint. Roof replaced (2017) with WPI-8 windstorm certificates on file. Located in the county, this property may offer lower taxes and added flexibility for improvements (buyer to verify with Aransas County). Spacious backyard with room for entertaining, pets, or future outdoor upgrades. Conveniently located near Rockport Beach, shopping, dining, and schools. Homes in this price range with updates and financing options are limited — schedule your showing today.

Investor Tools

$0Estimated Mortgage Balance

$195,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$198,074

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,182 /month

Positive

Cash Flow Estimate:

$394 /month

Interested in this property?

Jennifer Pace

J. Michelle Realty, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$201/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,435

$122,000

2025

$35,700

$86,300

$122,000

Tax History

Year

Tax Paid

Assessed Value

2025

$1,435

$122,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$195,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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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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