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$465,000

175 Paradise Dr, Rockport, TX, 78382

$563,034 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,553 Sq Ft
price_per_sqft$299.42 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Dryer, Washer
FlooringVinyl

Exterior

Exterior FeaturesDeck
Lot Size2,766 sqft

Building Information

Year Built2022

Land Information

APN4522-000-019-000
Land UseResidential
Legal DescriptionS4522 OCEAN REEF PUD UNIT 1 LOT 19 .0635 ACRES
Census Tract950503
Assessed Land Value$30,000
Assessed Improvement Value$409,750
Assessment Year2025

About this property

Combined with one of the best price-per-square-foot values among active Ocean Reef Cottage listings, 175 Paradise Drive presents an exceptional opportunity to secure a thoughtfully upgraded coastal home without sacrificing value. Positioned directly across from the community pool, this beautifully maintained property is just minutes from some of the best fishing, boating, dining, and waterfront attractions that make Rockport proudly known as the Redfish Capital of Texas such a sought-after destination. Designed with everyday living and entertaining in mind, the home features impact-resistant windows, upgraded appliances, upgraded 6-inch baseboards, and an expanded primary closet for added comfort and functionality. Downstairs, a private suite with a full bath offers exceptional flexibility. Use it as a guest retreat, additional living space, or a family game room where everyone can spread out and unwind. Whether you need a dedicated entertainment space, a bunk room for the kids, or a quiet home office away from the main living areas, this versatile suite can adapt to your lifestyle. A separate storage and tackle room keeps fishing gear, beach equipment, and coastal essentials organized and within easy reach, while ample parking provides plenty of space for vehicles, boats, and golf carts. Furnishings are negotiable, creating the opportunity for a more turnkey coastal retreat. From the private suite and tackle room to the poolside location and nearby bays, this property delivers the features, flexibility, and lifestyle buyers are looking for in one of Rockport?s most desirable coastal communities. Ask for details regarding available buyer incentives and furnishing options.

Investor Tools

$347,880Estimated Mortgage Balance
$143,355Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$563,034
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

Interested in this property?

Jennifer Pruski

Spears & Co Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
$485/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,171
$439,750
2025
$30,000
$409,750
$439,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,171
$439,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Conventional
$372,000
No
First
Nov 1, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$347,880
$172,120
33%
71%
$2,231/mo

City: Rockport

175 Paradise Dr | Property Details | No Agent List