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Furnished Two-Unit Duplex

108 Port Avenue Rockport, TX 78382

108 Port Avenue, Rockport, TX, 78382
$239,900
Pending
For Sale
Claim this Listing
$239,900
Pending

MULTI_FAMILY - Rockport, TX

Property Size768 SF
Lot Size0.21 Acres
AddedApr 20
Days on Market88
Last RefreshJul 16 at 4:06 am

Property Features for 108 Port Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Resid
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Parking
2
Interior features
WindowTreatments
Appliances
ElectricOven, ElectricRange, Microwave, Refrigerator
Standard status
Pending
APN
4700002030000
Size
768 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Description
PALM HARBOR UNIT 1, BLOCK 2, LOT 30-A, REPLAT OF LOTS 26 THRU 32
Tax Annual Amount
3064

Utilities

Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Ductless
Water source
Public

Building Details

Year built
1992
Floors in Building
2
Number of units
1
Flooring type
Vinyl
Building materials
HardiplankType
Roof type
Shingle

Listing agent Traci Baucum License #0472465

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

Listing date Apr 20, 2026

MLS# 475150 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.


Investment Insights

Based on property information with market context.

This fully furnished duplex in Palm Harbor offers two separate 1-bedroom, 1-bath units. Both units are currently rented, and the property is set up with washer and dryer capability. Utilities are not individually metered, which can simplify ongoing operations for an owner who wants to keep the units as rentals. The home also includes a large yard and a spacious garage/storage area.

Located in Rockport, Texas, the property is described as conveniently near the water and close to local Rockport attractions, with an easy drive to Port Aransas. The parcel is sized for a small residential income configuration within a residential (Resid) zoning setting.

For investors or operators, the duplex format provides two independent living units under one ownership, with the noted tradeoff that utilities are not individually metered. For an owner-occupant or buyer considering a remodel, the layout can support converting the structure into a single-family home, depending on desired improvements. Its furnished status and existing rental setup may also support a streamlined start for buyers looking to maintain it as an income-producing rental or repurpose it for short-term use, subject to applicable rules.

Key Highlights

  • Fully furnished duplex with two 1 bed/1 bath units
  • Each unit rents for $1,000/month with all bills paid; utilities not individually metered
  • Washer/dryer setup included and duplex includes a spacious garage/storage area

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $11.5k $15.00
− Vacancy −$1.4k −$1.80
EGI $10.1k $13.20
− OpEx −$3.0k −$3.96
NOI $7.1k $9.24
768 SF · lease $15.00/SF/yr · vacancy 11.97% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$101.4K
$88.7K – $118.3K (±1% cap)
NOI $7,099 @ 7.0% cap · market cap 2.96%
Second Best
Apartment 5plus
$89.9K
$78.6K – $104.9K (±1% cap)
NOI $6,291 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$293.6K
$256.9K – $342.5K (±1% cap)
NOI $20,551 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Furniture & Home Goods Hair Salon Nail Salon Grocery & Convenience Store Spa & Massage Center Food Market Travel Agency Discount Store Clothing & Fashion Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two 1-bedroom units with shared utilities offer rental income flexibility or conversion to a single-family home.
Where is this duplex located?
The property is located at 108 Port Avenue Rockport, TX.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Fully furnished duplex with two 1 bed/1 bath units; Each unit rents for $1,000/month with all bills paid; utilities not individually metered; Washer/dryer setup included and duplex includes a spacious garage/storage area
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More about this property
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