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$1,350,000

1417 S Water St, Rockport, TX, 78382

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,443 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$552.6 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5

Exterior

Lot Size7,501 sqft

Building Information

Year Built1981

Land Information

APN3800-030-005-000
Lot Number5
SubdivisionManning
Land UseResidential
Legal DescriptionMANNING, BLOCK 30, LOT 5
Census Tract950400
Assessed Land Value$300,000
Assessed Improvement Value$850,000
Assessment Year2025

About this property

Set along historic Water Street, this beautifully refreshed 4-bedroom, 4.5-bath waterfront residence offers sweeping, unobstructed views of Aransas Bay, a setting that defines elevated coastal living. Designed to capture the water from nearly every vantage point in the home, with the expansive upper and lower decks. Thoughtfully maintained and recently updated, the home is offered fully furnished, making it ideal as a second home or full-time residence. All bedrooms are ensuite, providing privacy and comfort for guests, while an additional half bath off the main living area enhances functionality for entertaining. The downstairs primary suite has direct access to a private back patio deck, and the upstairs bedrooms each have bay-view balcony access. The open-concept kitchen is well-appointed with a 42" built-in refrigerator/freezer, gas range, and built-in microwave, perfect for a chef who likes to cook with sweeping views of the bay. Unlike many coastal homes, this property was designed with generous storage throughout, making it exceptionally well-suited to full-time living. Outside, the gated yard features an outdoor shower and ample space, with the possibility of adding a pool if desired. A private, gated pier shared among a small HOA provides direct bay access ideal for fishing, kayaking, or simply enjoying life on the water. With its prime location, bay views, and flexible layout, this property offers a rare opportunity for a private coastal retreat or year-round living.

Investor Tools

Property Icon
$1,336,000
Estimated Property Value
$875,000Estimated Mortgage Balance
$523,562Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

Interested in this property?

Julie Wolle

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,092/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,428
$1,150,000
2025
$300,000
$850,000
$1,150,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$18,428
$1,150,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Communitybank Of Texas Na
Commercial
$875,000
No
First
Sep 9, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$816,816
$519,184
38%
61%
$5,247/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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1417 S Water St | Property Details | No Agent List