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$1,290,000

3 Luau Lane, Rockport, TX, 78382

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths2,975 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$433.61 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Ice Maker, Refrigerator, Range Hood, Wine Refrigerator, Microwave, Range
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio, Deck, Outdoor Kitchen, Patio
Lot Size8,089 sqft

Building Information

Year Built1970
Garage Spaces2

Land Information

APN3201-007-001-000
Lot Number1
SubdivisionKey Allegro
Land UseResidential
Legal DescriptionKEY ALLEGRO UNIT #2, BLOCK 7, LOT 1, & 78 SQ FT N OF LOT 1
Census Tract950200
Assessed Land Value$485,340
Assessed Improvement Value$478,280
Assessment Year2025

About this property

Experience elevated waterfront living in this exceptional 5-bedroom, 4-bathroom residence located in a sought-after canal-front community. Offered fully furnished, this remarkable home allows you to begin enjoying the coastal lifestyle from day one. Designed for effortless coastal living and entertaining, the outdoor space is truly extraordinary. Enjoy a resort-style heated pool with elevated spa, private boat lift, and approximately 1,500 square feet of Trex decking overlooking the canal. Multiple gathering areas provide the perfect setting for family and friends, featuring an outdoor kitchen, television, expansive sunning areas, and inviting spaces that seamlessly blend comfort and waterfront living. Inside, the thoughtfully designed floor plan offers generous accommodations for family and guests. An indoor wet bar complete with an ice maker and mini refrigerator creates the perfect space for entertaining. The upper level features three bedrooms, including two private suites with en-suite baths, plus an additional bedroom and full bath. Downstairs, you'll find two spacious bedrooms and a full bath, creating ample room for hosting guests or maximizing rental potential. Laundry facilities on both levels add convenience, while a whole-house Generac generator provides peace of mind year-round. Whether you're searching for a primary residence, a luxury vacation getaway, or a high-performing short-term rental investment, this exceptional waterfront home offers the perfect combination of space, comfort, and resort-style amenities in one of the Texas Coast's most desirable boating communities.

Investor Tools

$0Estimated Mortgage Balance
$1,146,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,740 /month
Positive
Cash Flow Estimate:
$2,580 /month

Interested in this property?

Keith Krueger

The Ron Brown Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,764/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,442
$963,620
2025
$485,340
$478,280
$963,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$15,442
$963,620

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,146,000
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.

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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3 Luau Lane | Property Details | No Agent List