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$1,199,900

1871 Bay Shore Dr, Rockport, TX, 78382

$1,345,707 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,137 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$382.5 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size6,042 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN3201-005-027-000
Lot Number27
SubdivisionKey Allegro
Land UseResidential
Legal DescriptionKEY ALLEGRO UNIT #2, BLOCK 5, LOT 27
Census Tract950200
Assessed Land Value$296,110
Assessed Improvement Value$853,160
Assessment Year2025

About this property

Experience the best of coastal living in this beautifully updated canal-front home in the heart of Key Allegro! Offering 4 bedrooms, 3.5 bathrooms, and over 3,100 square feet, this spacious waterfront retreat is designed for both entertaining and everyday comfort. A dramatic wall of windows welcomes you into the foyer, filling the home with natural light and showcasing the open, inviting floor plan. The main living areas flow seamlessly together, while the spacious game room or second living area opens to a large private balcony overlooking the water—perfect for morning coffee, evening cocktails, or watching the coastal sunsets. The primary suite is conveniently located on the main level, and thoughtful updates throughout make this home move-in ready. Outside, enjoy your private dock, expansive outdoor entertaining spaces, and direct canal access for boating and fishing adventures. Situated on a desirable corner lot in the sought-after Key Allegro community, you're just a golf cart ride from Rockport's restaurants, shopping, art galleries, beaches, and marinas. Whether you're searching for a full-time residence, luxury vacation home, or investment property, this exceptional waterfront home offers the perfect blend of comfort, convenience, and the relaxed coastal lifestyle you've been dreaming of.

Investor Tools

$693,617Estimated Mortgage Balance
$498,238Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,345,707
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,199 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Traci Baucum

Natalie Glass Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,030/month
$408/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,417
$1,149,270
2025
$296,110
$853,160
$1,149,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
$18,417
$1,149,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$752,500
No
First
Mar 30, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$693,617
$544,383
43%
58%
$4,512/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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