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$399,900

508 Lauderdale Dr 508, Rockport, TX, 78382

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,050 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$380.86 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
FlooringTile

Exterior

Exterior FeaturesDeck
Lot Size666 sqft

Building Information

Year Built1973

Land Information

APN7396-0508
SubdivisionKey Allegro
Land UseResidential
Legal DescriptionKEY ALLEGRO CONDOMINIUMS, UNIT 508 & UND. 1/100 INT. COMMON ELEMENTS
Census Tract950200
Assessed Land Value$64,800
Assessed Improvement Value$345,790
Assessment Year2025

About this property

Welcome to this stunning Key Allegro condo, where serene water views meet luxurious living. Located in a prime corner unit, this home offers breathtaking vistas down the canal to Little Bay, making it the perfect retreat for nature lovers and those who appreciate coastal beauty. The spacious kitchen is a true showstopper with a magnificent waterfall peninsula, where quartz cascades elegantly down both the front and side, creating a dramatic focal point. Beautiful water views from nearly every room, custom wood plank accent walls add warmth and character throughout the space, while the tiled showers and gorgeous kitchen backsplash elevate the design with their refined touches. Plus, its fully furnished and a turn-key investment. Relax on the porch and take in the stunning sunset views, or enjoy the abundant wildlife, including playful dolphins and graceful birds, right outside your window.

Investor Tools

$341,154Estimated Mortgage Balance
$69,436Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,464 /month
Positive
Cash Flow Estimate:
$821 /month

Interested in this property?

Holly Brown

LUCE PROPERTIES

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
$435/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,580
$410,590
2025
$64,800
$345,790
$410,590
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,580
$410,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Conventional
$370,800
No
First
Jun 27, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,154
$69,436
16%
83%
$2,224/mo

City: Rockport

508 Lauderdale Dr 508 | Property Details | No Agent List