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$831,000

NAL Estimated Property Value

38 Mazatlan Drive 11, Rockport, TX, 78382

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,556 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$545.63 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

About this property

Stunning Water Views of Little Bay! This highly sought-after end unit is located in the one of a kind gated community of Ventura Condominiums, nestled in one of the most coveted spots on Key Allegro. Designed for coastal comfort and style, this beautiful Rockport retreat offers canal water views, elegant finishes, and thoughtful designer touches throughout. With three spacious decks, you’ll love relaxing with a glass of wine as the coastal breeze rolls in—and you’ll have front-row seats to Rockport’s famous 4th of July fireworks show! The home features three generous bedrooms, including a serene primary suite with its own private deck. One guest bedroom even includes a charming secret loft—perfect for a play space, reading nook, or extra storage. The chef’s kitchen is ideal for entertaining, complete with a large bar for gathering, and opens to a bright, airy living space. Other highlights include impact windows, super-insulated walls for energy efficiency and peace and quiet, and plenty of storage. Covered parking for two cars and extra room for a golf cart or jet ski. Enjoy the private dock steps from your back door. This one checks all the boxes for a luxurious, low-maintenance coastal lifestyle!

Investor Tools

Property Icon
$831,000
Estimated Property Value
$0Estimated Mortgage Balance
$831,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,094 /month
Positive
Cash Flow Estimate:
$1,698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,296/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,394
$711,000
2025
$96,690
$614,310
$711,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,394
$711,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$831,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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38 Mazatlan Drive 11 | Property Details | No Agent List