1522-1524 16th Street Rockport, TX 78382
MULTI_FAMILY - Rockport, TX
Property Features for 1522-1524 16th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 23
- Bathrooms
- 18
- Rooms
- Bathroom 7, Bedroom 17, Bathroom 11, Bedroom 6, Bedroom 11, Bedroom 19, Bedroom 4, Bedroom 21, Bedroom 13, Bathroom 15, Bathroom 3, Bedroom 1, Bathroom 14, Bedroom 23, Bathroom 18, Bedroom 22, Bathroom 4, Bedroom 3, Bathroom 1, Bathroom 17, Bedroom 5, Bedroom 18, Bedroom 16, Bedroom 9, Bedroom 7, Bedroom 14, Bathroom 5, Bedroom 12, Bathroom 9, Bathroom 6, Bedroom 15, Bathroom 10, Bathroom 12, Bathroom 13, Bedroom 10, Bedroom 2, Bathroom 2, Bathroom 16, Bedroom 20, Bedroom 8, Bathroom 8
- Parking features
- Assigned
- Security features
- Security
- Patio and Porch features
- Patio
- Fireplace
- 1
- Appliances
- ElectricCooktop, ElectricOven, ElectricRange, Refrigerator
- Standard status
- Active
- APN
- 5925251056002
- Size
- 8,997 SF
- Lot size
- 10.00 Acres
Taxes and HOA fees
- Tax Description
- SWICKHEIMER, BLOCK 251, LOT 56-A, ACRES 7 & & Swickheimer, BLOCK 251, Lot 56-B, ACRES 3, ADD'N IMPS
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1983
- Floors in Building
- 1
- Flooring type
- Vinyl, Tile, Laminate
- Building materials
- Brick, HardiplankType
- Roof type
- Shingle
- Additional Structures
- Workshop
Listing agent Richard Clark License #0558014 (512) 470-9955
Listing office Clark Real Estate Agency 326 N LBJ Dr Suite 1999, San Marcos, TX (512) 470-9955
Listing date Jul 9, 2025
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.
The property sits on 10 acres in Rockport, Texas and includes at least 6 acres of vacant land. The site is described as having 7 septic systems and 2 wells. Buyer is responsible for due diligence, and seller financing is listed as an option.
Key Highlights
- 8‑unit mobile home park with all units fully leased: 4 two‑bedroom/2‑bath units and 4 three‑bedroom/2‑bath units
- Each mobile home unit is individually metered for electricity and includes appliances such as a refrigerator
- On‑site 1,797 SF home fully furnished for short‑term rentals, booked about every day in summer and already booking for next year
Local Financial Insights For Apartment 5plus
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 | $153.3k | $17.04 |
| − Vacancy | −$19.3k | −$2.15 |
| EGI | $134.0k | $14.89 |
| − OpEx | −$60.3k | −$6.70 |
| NOI | $73.7k | $8.19 |
