$315,000
SOLD APR 26, 2023
Last list price

402 E Nopal St Rockport, TX 78382

5 Beds
3 Baths
1,933 Sq Ft
8,192 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

Highlights

  • Corner Lot
  • Patio
  • Ceiling Fan
  • Cooling Available
  • Combination Dining and Living Room
  • Wood Siding

About This Home

As of April 2023

Rare income producing property right in the heart of Rockport. Three separate houses on a corner lot with steady tenants all paying their own utilities, including water, sewer, trash, gas & electric. Many of the houses are updated with vinyl flooring & new roofs. Income and low expenses is producing an 8% cap rate. Financials available upon request.

Last Agent to Sell the Property

Sandy Swanson

KEY ALLEGRO REAL ESTATE Brokerage Phone: 3617293691 License #TREC #0396021 Listed on: 01/01/2023

Last Buyer's Agent

Other Non Mls Participant

OTHER, NON MLS PARTICIPANT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,807

Lot Details

  • 8,192 Sq Ft Lot
  • Corner Lot

Parking

  • Unpaved Parking

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,933 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Patio
  • Cooling Available

Listing and Financial Details

  • Tenant pays for electricity, gas, water, sewer, trash collection, cable TV

Community Details

Overview

  • 3 Units
  • Smith And Wood Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,807

Lot Details

0

Listing Details

  • Attribution Contact: 3617293691
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex/Triplex
  • Lot Size Acres: 0.1881
  • Lot Size: 8192
  • Subdivision Name: Smith And Wood
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Combination Living/Dining, Ceiling Fan(s)
  • Living Area: 1933
  • Furnished: Unfurnished
  • Appliances: Range/Oven, Refrigerator
  • Total Bedrooms: 5
  • Flooring: Vinyl
  • Window Features: Drapes/Blinds

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Pier/Beam
  • Patio And Porch Features: Patio/Deck

Garage/Parking

  • Parking Features: Unpaved, Other

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Community Features: None
  • Pets Allowed: Yes

Schools

  • Junior High Dist: ACISD

Lot Info

  • Lot Size Sq Ft: 8192
  • Zoning Description: R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Gas, Water, Sewer, Trash Collection, Cable TV
  • Lease Term: 6 Months

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Units Furnished: None
  • Total Actual Rent: 2750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Apr 26, 2023
Sold by
Adams Garner Kay
Bought by
Bemo Llc
Seller's Agent
Sandy Swanson
Key Allegro Real Estate
Buyer's Agent
Misty Harlan
Silver Sands Realty LLC
List Price
$315,000
Sold Price
$272,750
Premium/Discount to List
-$42,250
-13.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$218,200
Outstanding Balance
$212,989
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$124,860
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $218,200 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $218,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $340,000 -2.9% $176 / Sq Ft
04/27/2025 04/27/25 For Sale $350,000 +11.1% $181 / Sq Ft
05/14/2023 05/14/23 Off Market -- -- --
04/26/2023 04/26/23 Sold -- -- --
04/26/2023 04/26/23 Sold -- -- --
03/22/2023 03/22/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $315,000 0.0% $163 / Sq Ft
02/03/2023 02/03/23 For Sale $315,000 -- $163 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
07/06/2018 07/06/18 Sold -- -- --
01/01/2018 01/01/18 Pending -- -- --
Source: Rockport Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,807 $302,520 $40,960 $261,560
2023 $4,398 $287,920 $40,960 $246,960
2022 $3,221 $181,350 $32,770 $148,580
2021 $3,471 $184,120 $32,770 $151,350
2020 $2,619 $134,050 $24,580 $109,470
2019 $886 $88,430 $24,580 $63,850
2018 $886 $44,230 $16,380 $27,850
2017 $1,084 $53,750 $16,380 $37,370
2014 -- $46,560 $9,830 $36,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockport Area Association of REALTORS®

MLS Number: 138888

Rockport Area Association of REALTORS®

APN: R32693