Six-Unit Residential
419 W Concho Rockport, TX 78382
419 W Concho, Rockport, TX, 78382
$929,000
For Sale
$929,000
MULTI_FAMILY - ROCKPORT, TX
Property Size5,310 SF
Lot Size0.56 Acres
Price / SF$174.95
Days on Market180
Property Features for 419 W Concho
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R
- Bedrooms
- 10
- Bathrooms
- 10
- Rooms
- Bathroom 4, Bedroom 3, Bedroom 9, Bedroom 2, Bedroom 5, Bathroom 7, Bathroom 9, Bathroom 10, Bedroom 6, Bathroom 1, Bedroom 10, Bathroom 6, Bathroom 2, Bedroom 8, Bathroom 3, Bathroom 5, Bedroom 7, Bathroom 8, Bedroom 4, Bedroom 1
- Parking features
- Assigned
- Standard status
- Active
- Size
- 5,310 SF
- Lot size
- 0.56 Acres
Building Details
- Floors in Building
- 2
- Number of units
- 6
- Building materials
- Slab Foundation
- Roof type
- Composition
Listing agency
eXp Realty, LLC
(888) 519-7431
Listed by
TRACI POTEET · License #542556
(361) 557-4325
Added: Jan 23 Updated: Jul 11 at 6:33PM Checked: Jul 22 at 10:06PM
MLS# 150411
Copyright © 2026 Rockport Area Association of Realtors. 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 six-unit residential portfolio is built in 2013 and arranged as a gated, cottage-style community with six detached units. Each unit is configured with two bedrooms plus a loft-style sleeping area, along with a spacious primary suite, generous kitchens, and soaring ceilings. Residents also have access to large covered front patios, and each unit includes its own dedicated exterior storage building.
The property is fully fenced and offers gated, coded access for residents, with gravel off-street parking. It is being offered as a package sale only.
The community sits on a 0.56-acre lot and includes a total building size of 5,310 square feet. The listing indicates the asset is currently producing monthly income and is suited for long-term rentals as well as potential short-term rental use, subject to applicable rules and operations.
The property is fully fenced and offers gated, coded access for residents, with gravel off-street parking. It is being offered as a package sale only.
The community sits on a 0.56-acre lot and includes a total building size of 5,310 square feet. The listing indicates the asset is currently producing monthly income and is suited for long-term rentals as well as potential short-term rental use, subject to applicable rules and operations.
Key Highlights
- 6‑unit residential portfolio under single ownership in Rockport, TX (package sale only).
- Built in 2013 gated cottage‑style community with six detached units.
- Each unit has 2 bedrooms plus a loft‑style sleeping area and includes a spacious primary suite.
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 | $90.5k | $17.04 |
| − Vacancy | −$11.4k | −$2.15 |
| EGI | $79.1k | $14.89 |
| − OpEx | −$35.6k | −$6.70 |
| NOI | $43.5k | $8.19 |
5,310 SF · lease $17.04/SF/yr · vacancy 12.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$621.4K
$543.7K – $724.9K
NOI $43,495 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M
NOI $142,092 @ 7.0% cap · market cap 15.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Six detached units in a gated, fenced community with covered patios and dedicated exterior storage buildings.
Where is this apartment building located?
The property is located at 419 W Concho Rockport, TX.
What is the asking price?
The asking price for this property is $929,000.
What are key features of this property?
This property features: 6‑unit residential portfolio under single ownership in Rockport, TX (package sale only).; Built in 2013 gated cottage‑style community with six detached units.; Each unit has 2 bedrooms plus a loft‑style sleeping area and includes a spacious primary suite.
