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$175,000

820 Ibis Drive, Rockport, TX, 78382

$198,854 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.26 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyMust-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size10,485 sqft

Building Information

Year Built1978

Land Information

APN6324-013-004-000
Lot Number4
SubdivisionWest Terrace
Land UseResidential
Legal DescriptionWEST TERRACE UNIT 1, BLOCK 13, LOT 4 & N/2 OF 5
Census Tract950400
Assessed Land Value$55,580
Assessed Improvement Value$97,510
Assessment Year2025

About this property

This West Terrace starter, retirement, or investment home is offered at a terrific price! Ready for immediate occupancy - as motivated seller is relocating. Enjoy a spacious living/dining area plus 3 bedrooms and 2 bathrooms. The kitchen with refrigerator included connects to the one-car garage with hook-ups for the washer/dryer, which are included also! Improvements include a new roof after Harvey, all the windows replaced in 2024, plus a new garage door. The rear patio has been enclosed to give additional space for a hobby or playroom. Big, fenced backyard offers lots of options.

Investor Tools

$48,451Estimated Mortgage Balance
$124,549Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$198,853
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$593
$153,090
2025
$55,580
$97,510
$153,090
No

Tax History

Year
Tax Paid
Assessed Value
2025
$593
$153,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$83,550
No
First
Dec 1, 2006
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,451
$124,549
71%
28%
$621/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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820 Ibis Drive | Property Details | No Agent List