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$920,000

126 Canvasback Ln, Rockport, TX, 78382

$1,196,000 ARVInfo
On MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,094 Sq Ft
price_per_sqft$297.35 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
FlooringLinoleum, Tile

Exterior

Exterior FeaturesBoat Lift, Deck
Lot Size14,174 sqft

Building Information

Year Built1976
Garage Spaces4

Land Information

APN1291-000-042-000
Lot Number42,43
SubdivisionCopano Cove
Land UseResidential
Legal DescriptionCOPANO COVE UNIT 10, LOT 42 - 43
Census Tract950103
Assessed Land Value$158,310
Assessed Improvement Value$726,980
Assessment Year2025

About this property

Two houses. Two waterfront lots. One address. 126 Canvas Back Lane gives you 60 feet of bulkhead on the canal that runs straight out to Copano Bay — where the fishing in Rockport is about as good as it gets. Here's how it works. It's three separate living spaces — three doors, each with its own private entrance and none of them connected on the inside. The two houses are joined by an outdoor walkway with gates, so you can close everything off and rent each unit on its own, or open the gates when the whole family (or every friend you have) shows up at once. The left house is a 2-bed, 1-bath with a full kitchen, living room, and a pool table, sitting over a four-car garage. The right house has a 2-bed, 1-bath downstairs with its own kitchen and living, plus a 1-bed, 1-bath upstairs with a full kitchen and living of its own. Both upstairs units open onto covered patios that look out over the water. Downstairs has a hot tub for after the sun goes down. Outside, there's room to spread out — launch a paddleboard, drop a kayak in, or pull the boat up to the covered slip and lift right off your own bulkhead. It's being sold turnkey, so it's ready to run as a short-term rental from day one. Three separate doors, real income potential, and Copano Bay in your backyard. Ask me about rental history and what this one can do.

Investor Tools

$502,059Estimated Mortgage Balance
$383,231Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,196,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,520 /month
Positive
Cash Flow Estimate:
$1,840 /month

Interested in this property?

Brianna Myers

Keller Williams Coastal Bend

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,236/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,411
$885,290
2025
$158,310
$726,980
$885,290
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,411
$885,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Craig Smith Etal
Seller Carryback / Seller Financing / Seller Take-Back
$541,700
No
First
Sep 15, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$502,059
$383,231
43%
57%
$3,248/mo

City: Rockport

126 Canvasback Ln | Property Details | No Agent List