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$390,000

107 Wakatobi Dr, Rockport, TX, 78382

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$371.43 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size3,629 sqft

Building Information

Year Built2024

Land Information

APN4523-000-044-000
Land UseResidential Single Family
Legal DescriptionS4523 OCEAN REEF PUD UNIT 2 LOT 44 .0833 ACRES
Census Tract950503
Assessed Land Value$50,000
Assessed Improvement Value$303,580
Assessment Year2026

About this property

OCEAN REEF COTTAGES - FINAL PHASE! The Copano floor plan offers 3 bedrooms, 2 baths, and the perfect blend of coastal style and easy living. This new construction home features an open-concept layout with 10-ft ceilings, granite countertops, breakfast bar seating, and durable vinyl plank flooring-perfect for sandy toes! Bring the boat with convenient back-in parking and approximately 12-ft clearance. Community amenities include a swimming pool, park area, and boat wash station. Just minutes from Cove Harbor Marina, downtown Rockport, Rockport Beach, and an easy drive to Port Aransas. Enjoy it as your own coastal getaway or take advantage of the investment potential-short- and long-term rentals are allowed!

Investor Tools

$343,084Estimated Mortgage Balance
$33,916Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Karen Hendricks

Hendricks Property Management

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,158
$353,580
2026
$50,000
$303,580
$353,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,158
$353,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Xpert Home Lending Inc
Conventional
$355,300
No
First
Nov 7, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,084
$33,916
8%
91%
$2,131/mo

City: Rockport

107 Wakatobi Dr | Property Details | No Agent List