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$425,000

1404 Mazatlan 1404, Rockport, TX, 78382

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,122 Sq Ft
price_per_sqft$378.79 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck, Dock, Tennis Courts, Landscaping

Building Information

Year Built1973

Land Information

APN7396-1404
SubdivisionKey Allegro
Land UseResidential
Legal DescriptionKEY ALLEGRO CONDOMINIUMS, UNIT 1404 & UND. 1/100 INT. COMMON ELEMENTS
Census Tract950200
Assessed Land Value$64,800
Assessed Improvement Value$355,200
Assessment Year2025

About this property

Check out this desirable two-story canal front 2 bed, 2.5 bath condo in the sought-after Key Allegro Island. Park your boat off of your back deck and enjoy the canal views. Kitchen, living/dining, and half bath are downstairs with the primary bedroom/bathroom and second bedroom with hall bathroom are upstairs. Enjoy your morning coffee off the primary bedroom private deck overlooking the canal. This condo community was rebuilt from the studs in 2019 and comes fully furnished and ready to move in, rent out, or enjoy on the weekends. Kitchen has coastal backsplash, quartz countertops and stainless-steel appliances. Two community pools, tennis courts, and 2 assigned parking spaces.

Investor Tools

$266,440Estimated Mortgage Balance
$176,560Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,658 /month
Positive
Cash Flow Estimate:
$886 /month

Interested in this property?

Amanda Wood

Rockport Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
$430/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,730
$420,000
2025
$64,800
$355,200
$420,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,730
$420,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Angel Oak Mortgage Solutions Llc
Conventional
$288,000
No
First
Apr 1, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,440
$176,560
39%
60%
$1,727/mo

City: Rockport

1404 Mazatlan 1404 | Property Details | No Agent List