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$609,000

NAL Estimated Property Value

138 Palm Dr, Rockport, TX, 78382

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,452 Sq Ft
price_per_sqft$447.31 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Oven, Electric Range, Free-Standing Range, Microwave, Refrigerator, Range Hood, Dryer, Washer
FlooringTerrazzo, Tile

Exterior

Exterior FeaturesDock, Rain Gutters
Lot Size6,900 sqft

Building Information

Year Built2014
Garage Spaces1

Land Information

APN4701-000-007-000
Lot Number7
SubdivisionPalm Harbor
Land UseResidential
Legal DescriptionPALM HARBOR UNIT 2, LOT 7
Census Tract950503
Assessed Land Value$186,300
Assessed Improvement Value$416,550
Assessment Year2025

About this property

Experience Coastal Living in Palm Harbor. Discover this beautifully appointed 4 bedroom, 3 bath canal-front retreat nestled in the Palm Harbor neighborhood. Designed with an open-concept layout, the main living area is filled with natural light, soaring ceilings, and serene water views. The well equipped kitchen features an eating bar, ample counter space, and a layout perfect for both entertaining and everyday living. Upstairs, you’ll find three spacious bedrooms and two full baths. Downstairs, a private guest suite offers ideal separation for company. A versatile loft provides additional sleeping space, perfect for extended weekend guests. Step outside to a generous covered patio spanning the width of the home an ideal space to unwind or entertain while enjoying gentle bay breezes and peaceful canal views. Boating enthusiasts will appreciate direct water access and plenty of room to store coastal toys, including a covered carport, extra parking for boats and vehicles, and a single-car garage for added storage. Sold fully furnished and move-in ready, this home is your turnkey solution for effortless coastal living. Whether you’re casting off from your backyard, hosting sunset dinners, or sipping coffee with a view, every detail is designed to elevate your lifestyle. Palm Harbor offers quick access to Rockport’s world-class fishing, kayaking, charming shops, and coastal cuisine.

Investor Tools

Property Icon
$609,000
Estimated Property Value
$498,123Estimated Mortgage Balance
$110,877Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,897 /month
Positive
Cash Flow Estimate:
$1,299 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$845/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,090
$602,850
2025
$186,300
$416,550
$602,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,090
$602,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$504,000
No
First
Aug 29, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$498,123
$110,877
18%
82%
$3,022/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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138 Palm Dr | Property Details | No Agent List