$250,000
NAL Estimated Property Value204 S 2nd Street, Rockport, TX, 78382
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesFree-Standing Range
FlooringTile
Exterior
Lot Size6,251 sqft
Building Information
Year Built1970
Garage Spaces2
Land Information
APN2049-004-002-000
Lot Number2
SubdivisionFulton Bayview Addn
Land UseResidential
Legal DescriptionFULTON BAYVIEW ADDN, BLOCK D, LOT 2 & UND. INT. WFE FULTON AVE.
Census Tract950102
Assessed Land Value$81,250
Assessed Improvement Value$100,260
Assessment Year2025
About this property
Charming and fully furnished 2-bedroom, 1-bath Cottage with a 2-car garage, located just one block from the Bay. Features include coastal-style furnishings, tile flooring throughout, and a rooftop deck above the garage offering beautiful Bay views and full on views of the 4th of July fireworks. Conveniently close to shopping, dining, and just a quick golf cart ride to HEB and Walmart. Whether you're looking for a vacation retreat, full-time residence, or income property—this is a fantastic investment opportunity!
Investor Tools
$250,000
Estimated Property Value
$55,762Estimated Mortgage Balance
$194,238Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,909
$181,510
2025
$81,250
$100,260
$181,510
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,909
$181,510
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Of America
Sba Participation Trust Deed
$67,400
No
First
Nov 14, 2017
Nov 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,762
$194,238
77%
22%
$405/mo
