tomo logo

$395,000

Beds
3
Baths
2.5
sq ft
1,318

520 Palmetto Point Rd, Rockport, TX 78382

520 Palmetto Point Rd

Rockport, TX 78382

  • 5 days on market
Positioned in the desirable Holiday Beach West, this outstanding property features panoramic views of Copano Bay. A roomy covered carport with a relaxing sitting area and Tiki Bar, fitted with electric winch and storage, provides an ideal haven. Additionally, a separate storage room and covered sitting area offer considerable space for storage and entertainment. With a substantial 10,000 sq ft, this property is a prized possession. The community showcases an impressive selection of luxurious amenities, including two boat launch sites, a private fishing pier, kayak launch park, swimming pool, community center, and playground.

Details

Property type

Single Family Residence

Est. home value

$512,528

Lot size

0.23 acres

Price per sq ft

$300

Year built

2016

Monthly HOA fee

$8.33

Price History

02/26/2025
SouthTexasMLS

SouthTexasMLS #455038

Listed
$395,000

Schools & Community

Elementary school: 

Fulton

Middle school: 

RockportFulton

High school: 

RockportFulton

High school district: 

RockportFultonISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$305,173
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$58,227
Cash to seller
$305,173

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Randolph Brooks Fcu

Loan start date

April 2023

Original loan amount

$63,375

Est. remaining balance

$58,227

Interest rate

5.76%

Loan type

New Conventional, 15 year

Seller

Chad Falkenberg

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

SouthTexasMLS
$380,000
3 bd
|
2.5 ba
|
1,680 sq ft
|
House

17 Circle Lake Dr, Rockport, TX 78382

SouthTexasMLS
$399,000
3 bd
|
2.5 ba
|
1,652 sq ft
|
House

59 Mockingbird Ln, Rockport, TX 78382

Price drop
SouthTexasMLS
$389,000
3 bd
|
3 ba
|
1,301 sq ft
|
House

1032 N Magnolia St, Rockport, TX 78382

Status: Active

Tomo last checked: 03/04/2025 at 2:10 AM

Listing updated: 02/26/2025 at 11:02 PM

Listed by: Tracy Morris, Keller Williams Coastal Bend Phone #: (361) 225-7900

MLS: SouthTexasMLS #455038

SouthTexasMLS logo

Recently listed in Rockport

$349,000|3 bd|2.0 ba|House
$365,000|2 bd|2.0 ba|Condo
$325,000|3 bd|2.0 ba|House
$325,000|3 bd|2.0 ba|House
$649,999|4 bd|4.0 ba|House
$850,000|4 bd|2.5 ba|
$224,900|2 bd|2.0 ba|Townhouse