5-Unit Multifamily in Rockport, TX
Aransas County, TX · listed Mar 4, 2025 (603 days)
- $/unit
- $159,980
- ▲ 74% vs TX · 80th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 5
- 1980
Financials
- Asking price
- $799,900
- Price per unit
- $159,980
- Price per sq ft
- $99
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- 4-plex with two 2-bedroom/2-bath units, one 2-bedroom/1-bath unit, and one efficiency-style 1-bedroom/1-bath unit. A 1964 sqft house - 3 bedrooms/ 2 baths/ office.
- Buildings
- Not stated
- Year built
- 1980
- Building size
- 8,075 sq ft
- Avg unit size
- 1,615 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Mar 4, 2025
- Days on market
- 603 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1124
About this property
Ready to add to your rental portfolio? This rare multi-unit property offers income potential in the charming community of Rockport. With Redfish Bay and Aransas Bay just across the street, this property is situated minutes from downtown Rockport, Bluewater Rockport Beach Park, public boat ramps, and many great fishing spots. The location is perfectly suited for those who crave the coastal South Texas lifestyle. This income-producing property has a great rental history. The property includes: a 4-plex with two 2-bedroom/2-bath units, one 2-bedroom/1-bath unit, and one efficiency-style 1-bedroom/1-bath unit. A 1964 sqft house - 3 bedrooms/ 2 baths/ office. Each unit has a unique layout and lots of space, making it a breeze to lease. Additionally, there is a 3,750 sqft duplex shell that is unfinished and ready to be constructed into another income-producing unit. The property is just under 2 acres with space to add to your portfolio. 2018 roofs, a well-maintained septic, and lovely tenants. This is a great opportunity for the right investor to take over. Call your favorite REALTOR® today and schedule a showing!
Income Producing in Rockport with more earning potential
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Aransas Pass, TXStabilized | $699K | $140K$140K | — |
High yieldStabilized | $1.3M | $144K$144K | 9% |
| Port Aransas, TX NewNew construction | $3.1M | $620K$620K | — |
| Fulton, TX NewOwner financingValue-add | $630K | $52K$52K | — |
High yieldStabilized | $850K | $106K$106K | 10.2% |
Stabilized | $1.32M | $133K$133K | 6.3% |
