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$382,500

708 Lauderdale Drive 708, Rockport, TX, 78382

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,050 Sq Ft
price_per_sqft$364.29 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Free-Standing Range, Disposal, Microwave, Refrigerator, Range Hood
FlooringOther, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther, Storage, Tennis Court(s)

Building Information

Year Built1973

Land Information

APN7396-0708
SubdivisionKey Allegro
Land UseResidential
Legal DescriptionKEY ALLEGRO CONDOMINIUMS, UNIT 708 & UND. 1/100 INT. COMMON ELEMENTS
Census Tract950200
Assessed Land Value$64,800
Assessed Improvement Value$314,570
Assessment Year2025

About this property

Prestigious Key Allegro Waterfront Condo – Turnkey Investment & Coastal Retreat. Experience the best of coastal living in the highly desirable Key Allegro waterfront community. This beautifully maintained, turnkey 2-bedroom, 2-bath canal-front condominium offers vaulted ceilings, an open and airy floor plan, and everything you need for relaxing weekends, full-time living, or a successful vacation rental. Step outside to enjoy your private boat slip, with direct canal access to some of the finest fishing and boating on the Texas coast, along with a convenient fish cleaning station for easy cleanup after a day on the water. Community amenities include a sparkling swimming pool and tennis courts, creating the perfect setting for recreation and relaxation. Ideally located just minutes from the beach, world-class fishing, shopping, restaurants, the art center, and local galleries, this condo offers the perfect blend of convenience and coastal charm. Whether you're looking for a personal getaway or a property with excellent rental potential, this Key Allegro gem is a rare opportunity to own a piece of paradise where relaxation and entertainment come together.

Investor Tools

$0Estimated Mortgage Balance
$379,370Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,295 /month
Positive
Cash Flow Estimate:
$765 /month

Interested in this property?

Robin Martin

Key Allegro Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
$435/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,079
$379,370
2025
$64,800
$314,570
$379,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,079
$379,370

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$379,370
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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708 Lauderdale Drive 708 | Property Details | No Agent List