Water-View Triplex
For Sale
$450,000
4042 Loop 1781, Rockport, TX 78382
MULTI_FAMILY - Rockport, TX
Property Size3,108 SF
Lot Size0.32 Acres
Price / SF$144.79
Days on Market14
Property Features for 4042 Loop 1781
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 1
Patio and Porch features
Patio
Interior features
CathedralCeilings, WindowTreatments, CeilingFans
Appliances
Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, FreeStandingRange, MultipleWaterHeaters
Subdivision
Copano Village Addition
View
Water
Elementary school
FultonLearningCenter
Middle school
RockportFulton
High school
RockportFulton
Elementary school district
RockportFultonISD
Middle school district
RockportFultonISD
High school district
RockportFultonISD
Directions
Corner of Live Oak street and Loop 1781 across from Copano Bay.
Standard status
Active
APN
1375-000-024-000
Size
3,108 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Description
S1375 Copano Village Addition Lot 24 & 25
Legal Description
S1375 Copano Village Addition Lot 24 & 25
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1973
Floors in Building
2
Number of units
3
Flooring type
Laminate, Tile
Building materials
HardiplankType, ShingleSiding, WoodSiding
Roof type
Shingle
Listing Agency:
Prime Real Estate
(361) 334-7653
Listed By:
Bridget Knower · License #0588097
(361) 633-9057
Added: Jul 18
Changed: Jul 29
Last Checked: Jul 31 at 11:06PM
MLS# 479620
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 for-sale triplex investment property includes three separate units, each configured as a 2-bedroom, 1-bath residence. The setup features a 2-story duplex home along with a second stand-alone home, and each unit has its own private entrance. The property is described as having water-view attributes.
Located in the Copano Village area of Rockport/Fulton, the listing places the property near a waterfront kayak park within walking distance. The offering is also noted as being in an Opportunity Zone.
The listing is presented with a proven rental history and strong occupancy. It is also offered as a bundle option with an adjacent duplex listing at 4058 Loop 1781.
Located in the Copano Village area of Rockport/Fulton, the listing places the property near a waterfront kayak park within walking distance. The offering is also noted as being in an Opportunity Zone.
The listing is presented with a proven rental history and strong occupancy. It is also offered as a bundle option with an adjacent duplex listing at 4058 Loop 1781.
Key Highlights
- Triplex investment property in Copano Village area of Rockport Fulton with water views
- 2‑story duplex home plus a 2nd stand‑alone home, each with its own private entrance
- All units are 2‑bedroom, 1‑bath layouts
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 | $46.6k | $15.00 |
| − Vacancy | −$5.6k | −$1.80 |
| EGI | $41.0k | $13.20 |
| − OpEx | −$12.3k | −$3.96 |
| NOI | $28.7k | $9.24 |
3,108 SF · lease $15.00/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$410.4K
$359.1K – $478.8K
NOI $28,728 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$363.7K
$318.2K – $424.3K
NOI $25,458 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,168 @ 7.0% cap · market cap 18.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 78382, TX
19,432
Population
13,048
Households
1.5
Avg Household Size
53
Median Age
30%
College-Educated
92%
High-School Grad
79.9 sq mi
ZIP Area
243
Density / Sq Mi
$63,434
Median Household Income
$38,741
Median Earnings
$1,147
Median Rent
$238,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex property with three 2-bed, 1-bath units, each with private entry and water-view features.
Where is this triplex located?
The property is located at 4042 Loop 1781 Rockport, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Triplex investment property in Copano Village area of Rockport Fulton with water views; 2‑story duplex home plus a 2nd stand‑alone home, each with its own private entrance; All units are 2‑bedroom, 1‑bath layouts
