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    1522-1524 16Th St Rockport, TX 78382

    View on Map
    Sponsored
    For Sale
    $1,350,000

    MULTI_FAMILY - Rockport, TX

    Property size:
    8,997 SF
    Lot size:
    10.00 Acres
    Days on Market:
    40
    Last Refresh:
    Mar 24 at 2:06 pm

    Property Features for 1522-1524 16Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security
    Rooms
    Bathroom 13, Bedroom 2, Bedroom 23, Bedroom 21, Bedroom 14, Bathroom 10, Bedroom 3, Bedroom 5, Bedroom 7, Bedroom 13, Bathroom 12, Bathroom 14, Bedroom 17, Bathroom 17, Bedroom 9, Bathroom 2, Bedroom 11, Bathroom 3, Bathroom 5, Bathroom 11, Bathroom 18, Bathroom 4, Bathroom 1, Bathroom 16, Bedroom 10, Bedroom 16, Bedroom 19, Bathroom 8, Bathroom 15, Bedroom 20, Bedroom 15, Bathroom 7, Bathroom 6, Bedroom 4, Bedroom 18, Bedroom 22, Bedroom 1, Bedroom 6, Bedroom 12, Bathroom 9, Bedroom 8
    Bedrooms
    23
    Bathrooms
    18
    APN
    5925251056002
    Parking features
    Assigned
    Patio and Porch features
    Patio
    Fireplace
    1
    Appliances
    ElectricCooktop, ElectricOven, ElectricRange, Refrigerator
    Size
    8,997 SF
    Lot size
    10.00 Acres

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1983
    Floors in Building
    1
    Flooring type
    Laminate, Vinyl, Tile
    Building materials
    Brick, HardiplankType
    Roof type
    Shingle
    Additional Structures
    Workshop

    We can help!

    Listing Contact
    Richard Clark
    Richard Clark

    Clark Real Estate Agency

    Listing agent Richard Clark License #0558014

    Listing date Feb 12, 2026

    MLS# 461783

    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.

    Learn more

    Property Insight Report

    Overview

    Rockport Income-Producing Mobile Home Park

    This 10-acre investment property in Rockport, Texas, features an income-producing mobile home park and a short-term rental home. The mobile home park includes eight units, consisting of four 2-bedroom, 2-bath units and four 3-bedroom, 2-bath units, all of which are fully leased. Each unit is individually metered for electricity and includes appliances such as a refrigerator. Additionally, there is a 1,797 square foot fully furnished home that is regularly booked for short-term rentals, particularly during the summer months. The home features a screened-in swimming pool and an 800 square foot owner's shop. The property includes at least 6 acres of vacant land. There are seven septic systems and two wells on the premises. The property is located near Cove Harbor. The property is comprised of 8,997 square feet of space. The mobile home park and rental home offer potential business opportunities, with the option for the new owner to manage the mobile home park while residing in the home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Showroom Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockport
    County
    Aransas
    State
    Texas
    Longitude
    -97.094032
    Latitude
    27.999039

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    FAQs

    What type of property is this?
    Mobile home & RV park - 10-acre mobile home park with rental home in Rockport, TX.
    Where is this mobile home & rv park located?
    The property is located at 1522-1524 16Th St Rockport, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Income-producing property: Mobile Home Park with 8 fully leased units and a furnished short-term rental home with existing bookings.; - Seller Financing Available.; - Includes a 1797 sq ft fully furnished home with a screened-in swimming pool and an 800 sq ft owner's shop.
    (512) 470-9955
    Request Owner's contact information
    1522-1524 16Th St Rockport, TX 78382
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    Rockport, TX 78382
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    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
    1522-1524 16Th St Rockport, TX 78382
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    We can help!
    Listing Contact
    Richard Clark
    Richard Clark
    Real Estate License ID: 0558014
    Learn More
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