Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Rockport Land with Conservation Views Title is generated by Realmo AI

    329 Cape Velero Drive lot A, Rockport, TX 78382

    View on Map
    Claim this Listing
    For Sale
    $495,000

    LAND - Rockport, TX

    Lot size:
    10.00 Acres
    Added:
    Jun 21, 2025
    Days on Market:
    344
    Last Refresh:
    May 30 at 7:06 pm

    Property Features for 329 Cape Velero Drive lot A

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Res
    Standard status
    Active
    APN
    0967001000000
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Description
    CAPE VELERO PASS, BLOCK 1, LOT A, ACRES 10.00

    Utilities

    Sewer type
    Septic Needed
    Water source
    Public

    We can help!

    Listing Contact
    Glenda Merrell

    Listing agent Glenda Merrell License #0751738

    Listing office Key Allegro Real Estate 1798 Bay Shore, Rockport, TX

    Listing date Jun 21, 2025

    MLS# 460930 Listing URL

    Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Up to 14 acres of versatile land available, offering flexibility for various uses.
    • Includes a 2‑acre tract with road frontage, underground electric, city water, and a pond, ready for building.
    • 10‑acre tract borders over 900 acres of conservation land, providing privacy and wildlife views.
    • Flexible purchase options, with the seller considering dividing the land.
    • Secluded location ideal for nature lovers, recreation, or a private retreat.
    • Potential to acquire an additional 2 acres.

    Overview

    This property presents a rare opportunity to own between 2 and 14 acres of land. A 2-acre tract features road frontage, underground electric utilities, city water access, and a pond, making it suitable for a home site with convenient access. An additional 10-acre tract, located behind 317 Cape Velero, is accessible via two separate easements. This 10-acre parcel is adjacent to over 900 acres of conservation land, offering views of a pond and abundant wildlife. Secluded from the road, this parcel is suited for nature enthusiasts, recreational activities, or a private retreat. The seller is open to dividing the land with the right offer, and there is potential to acquire another 2 acres next to 317. A fenced area contains two 2-acre tracts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Rockport
    County
    Aransas
    State
    Texas
    Longitude
    -97.098724
    Latitude
    28.038374

    Nearby Similar for Sale

    • $1,600,000
      3,320 SF

      Commercial Property Overlooking Little Bay

      Established commercial property with durable features and ample parking.
      701 Hwy 35 N, Rockport, TX 78382
      View Details
    • $498,000
      2,400 SF

      Rockport Retail Space Opportunity

      High-visibility retail space in Rockport, ready for customization.
      904 HWY 35 S, Rockport, TX 78382
      View Details
    • $689,000

      Rockport Commercial Land with Views

      Prime 1.117-acre commercial land with water views in Rockport, TX.
      2204 Picton, ROCKPORT, TX 78382
      View Details
    • $1,600,000
      3,320 SF

      Commercial Property Overlooking Little Bay

      Established commercial property with a functional layout and commercial kitchen.
      701 Hwy 35 N, ROCKPORT, TX 78382
      View Details
    • $929,000
      5,310 SF

      Rockport Multifamily Investment Opportunity

      Six-unit residential portfolio in Rockport, TX, near Aransas Bay.
      419 W Concho, ROCKPORT, TX 78382
      View Details
    • $649,000

      Mixed-Use Development Opportunity, Rockport

      Corner lot ideal for mixed commercial and residential development.
      602 S Pearl Street, ROCKPORT, TX 78382
      View Details
    • $649,000

      Mixed-Use Development Opportunity

      Corner tract ideal for mixed-use development in Rockport, TX.
      602 S Pearl Street, ROCKPORT, TX 78382
      View Details
    • $600,000

      Rockport Development Opportunity on Acres

      4.5+ acres in Rockport, TX, ideal for multi-family development.
      1004 Young Street, ROCKPORT, TX 78382
      View Details
    • $600,000

      Rockport Development Opportunity on Acres

      4.5+ acre corner property in Rockport, TX for development.
      1004 Young Street, ROCKPORT, TX 78382
      View Details
    • $748,900

      Bayfront Land with Panoramic Views

      2.29 acres of prime bayfront land in Rockport, TX.
      5511 Fm 1781 lot: 4, Rockport, TX 78382
      View Details
    • $1,500,000
      712 SF

      Established RV Park Investment Opportunity

      Rockport RV park with income potential and expansion possibilities.
      1421 W Corpus Christi Street, Rockport, TX 78382
      View Details
    • $2,500,000
      2,736 SF

      Thriving RV Resort in Rockport

      Turn-key 10-acre RV resort with expansion potential in Rockport, TX.
      149 Old Salt Lake Rd, Rockport, TX 78382
      View Details

    FAQs

    What type of property is this?
    Land - Versatile land with utilities, pond, and conservation area views.
    Where is this land located?
    The property is located at 329 Cape Velero Drive lot A Rockport, TX.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Up to 14 acres of versatile land available, offering flexibility for various uses.; **Includes a 2‑acre tract with road frontage, underground electric, city water, and a pond, ready for building.**; 10‑acre tract borders over 900 acres of conservation land, providing privacy and wildlife views.
    (361) 229-5206
    We can help!
    Listing Contact
    Glenda Merrell
    Real Estate License ID: 0751738
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    329 Cape Velero Drive lot: A, Rockport, TX 78382
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!