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$555,000

406 Nassau Dr 406, Rockport, TX, 78382

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,402 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$395.86 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Microwave
FlooringHardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck, Other, Tennis Courts
Lot Size755 sqft

Building Information

Year Built1973

Land Information

APN7396-0406
SubdivisionKey Allegro
Land UseResidential
Legal DescriptionKEY ALLEGRO CONDOMINIUMS, UNIT 406 & UND. 1/100 INT. COMMON ELEMENTS
Census Tract950200
Assessed Land Value$64,800
Assessed Improvement Value$399,580
Assessment Year2025

About this property

Coastal Waterfront Living on Sought-After Key Allegro Island!! Experience the best of coastal living in this beautifully remodeled end-unit condo on coveted Key Allegro Island. Boasting spectacular sunsets, this waterfront retreat offers the perfect blend of relaxed island living and modern comfort. Completely remodeled featuring an expanded upstairs primary suite with oversized windows designed to capture the natural light and a sitting area that overlooks the water. With 3 bedrooms and 3 full baths, the spacious layout provides plenty of room for family and guests. The desirable end-unit location that is shaded in the afternoons offers added privacy, while the waterfront setting creates a serene backdrop with cool coastal breezes for everyday living or weekend escapes. Whether you're enjoying a sunset from home or embracing the laid-back coastal lifestyle, this exceptional Key Allegro property is a rare opportunity to own a piece of island paradise. Furniture is negotiable and must be on a separate bill of sale.

Investor Tools

$0Estimated Mortgage Balance
$465,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,330 /month
Positive
Cash Flow Estimate:
$1,110 /month

Interested in this property?

Dee Becker

Key Allegro Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$814/month
$445/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,442
$464,380
2025
$64,800
$399,580
$464,380
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,442
$464,380

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$465,000
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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