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$492,270

NAL Estimated Property Value

502 Lakewood Drive, Rockport, TX, 78382

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,988 Sq Ft
price_per_sqft$251.51 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size9,997 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN5214-023-008-000
Lot Number8
SubdivisionRockport Country Club
Land UseResidential
Legal DescriptionROCKPORT COUNTRY CLUB #2, BLOCK 23, LOT 8
Census Tract950302
Assessed Land Value$60,980
Assessed Improvement Value$431,290
Assessment Year2025

About this property

CORNER LOCATION | LARGE COVERED PORCH | THREE LARGE BEDROOMS, If it's an easy Country Club lifestyle you're after then 502 Lakewood is your home. The circular drive and side entrance garage enhances the outside elevation of your home. Once inside you're welcomed by a large living and open dining area made cozy by the gas fireplace. A split floor plan gives guests their privacy with their own bedrooms and bathroom. The primary bedroom boasts large windows for natural light. The primary bathroom has a soaker tub, double sink and separate shower. There's also a walk-in closet. The best part about this haven is its huge covered porch. Set a large outdoor dining table, some chairs and enjoy this beautiful retreat. Lots of custom features including a utility sink in the laundry room, gas stove, breakfast area and formal dining room.

Investor Tools

Property Icon
$492,270
Estimated Property Value
$392,956Estimated Mortgage Balance
$99,314Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
$10/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,710
$492,270
2025
$60,980
$431,290
$492,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,710
$492,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$400,000
No
First
Apr 1, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$392,956
$99,314
20%
80%
$2,399/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.

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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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502 Lakewood Drive | Property Details | No Agent List