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$279,000

1623 Cape Velero Dr, Rockport, TX, 78382

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3.99 acres

Land Information

APN4295-001-002-000
Lot Number2
SubdivisionNew Pelican Point
Land UseResidential
Legal DescriptionNEW PELICAN POINT, BLOCK A, LOT 2, ACRES 3.989
Census Tract950501
Assessed Land Value$261,390
Assessment Year2025

About this property

Waterfront Acreage in Cape Velero Build your dream home on this stunning waterfront homesite in Cape Velero. Enjoy forever views, gorgeous sunsets, exotic coastal birding, and excellent fishing. Underground utilities and a 2,000 sq. ft. minimum build requirement make it the perfect spot for your custom coastal retreat. Lines on photos are approximate.

Investor Tools

$0Estimated Mortgage Balance
$261,390Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

Interested in this property?

Robin Martin

Key Allegro Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
$21/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,074
$261,390
2025
$261,390
N/A
$261,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,074
$261,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$261,390
100%
0%
$0/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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1623 Cape Velero Dr | Property Details | No Agent List