Last 24 Hours
$299,500
402 E Nopal St, Rockport, TX, 78382
On Market
Commercial
5 Beds
3 Bath
1,933 Sq Ft
$154.94 / sqft
Built in 1940Highlights
Interior
Bedrooms 5
Bathrooms Half 3AppliancesElectric Oven, Electric Range, Gas Oven, Gas Range
FlooringVinyl
Exterior
Exterior FeaturesDeck
Lot Size8,194 sqft
Building Information
Year Built1940
Land Information
APN5550-054-015-000
Lot Number15,16
SubdivisionSmith And Wood
Land UseResidential
Legal DescriptionSMITH AND WOOD, BLOCK 54, LOT 15 & 16
Census Tract950301
Assessed Land Value$40,960
Assessed Improvement Value$258,600
Assessment Year2025
About this property
Discover a rare opportunity to own an investment property in Rockport? Three individual cottages on corner lot ready to rent. Located just a golf cart ride away to all Rockport has to offer. Beach, downtown, and the maritime museum are less than 2 miles away! Perfectly suited for long-term rentals, vacation stays or a mix of both. Live in one and rent the other two. Vinyl flooring and new roof in 2018. Unit 1 (green house). Unit 2 (yellow house) & unit 3 (blue house) have privacy fenced back yards. Being sold AS IS.
Investor Tools
$0Estimated Mortgage Balance
$299,560Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,797 /month
Positive
Cash Flow Estimate:
$599 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,800
$299,560
2025
$40,960
$258,600
$299,560
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,800
$299,560
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$299,560
100%
0%
$0/mo
12.4%