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$205,000

5481 Highway 35 N 15, Rockport, TX, 78382

$247,932 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths768 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$266.93 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size2.29 acres

Building Information

Year Built2014

Land Information

APN7191-015
SubdivisionCopano Cottages
Land UseResidential
Legal DescriptionCOPANO COTTAGES UNIT 15 & 3.11% COMMON AREA INTEREST
Census Tract950102
Assessed Land Value$10,560
Assessed Improvement Value$232,310
Assessment Year2025

About this property

Welcome to Unit 15, a fully furnished condo at Copano Cottages located in Rockport, Texas. This 2-bedroom, 2-bathroom condo offers 768 square feet of comfortable living space and is move-in ready. Recently received fresh interior paint, a brand-new A/C unit, and this home features a screened-in porch built last spring. The open-concept living and kitchen area creates a bright, functional space for everyday living or hosting guests. Both bedrooms are comfortably sized, and the two full bathrooms. Outside, you’ll enjoy access to a community pool, plus two dedicated parking spots for added ease. HOA dues cover water, sewer, trash, and common area upkeep. With a 4.9-star short-term rental rating and over 60 reviews, this property has a proven track record for both short and long-term rentals, making it an excellent investment opportunity or personal getaway. Located just 15 minutes from Rockport Beach and downtown, you’re never far from shopping, dining, fishing, and the small-town coastal charm that makes Rockport so special.

Investor Tools

$179,129Estimated Mortgage Balance
$63,741Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$247,932
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,457 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,856
$242,870
2025
$10,560
$232,310
$242,870
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,856
$242,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$188,910
No
First
Jun 16, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,129
$63,741
26%
74%
$1,133/mo

City: Rockport