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Rockport Cottages Package Deal

106 Landry Rockport, TX 78382

106 Landry, Rockport, TX, 78382
$380,000
For Sale
Claim this Listing
$380,000

MULTI_FAMILY - ROCKPORT, TX

Property Size1,252 SF
Lot Size0.10 Acres
Price / SF$303.51
AddedMar 19
Days on Market119
Last RefreshJul 15 at 11:06 pm

Property Features for 106 Landry

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2
Standard status
Active
Size
1,252 SF
Lot size
0.10 Acres

Building Details

Floors in Building
1
Number of units
2
Building materials
Frame, Pier/Beam
Roof type
Composition

Listing agent Southern Coast Realty Team Curt and Sarah Engel

Listing office SPEARS & COMPANY REAL ESTATE 2621 HWY 35 N., Rockport, TX

Listing date Mar 19, 2026

MLS# 154834 Listing URL

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 package deal features two cottages located in Rockport. Each cottage includes 2 bedrooms and 2 full bathrooms. The homes feature full-size appliances, including washer and dryer hookups, luxury plank vinyl flooring, and quartz counters. The kitchens are equipped with soft-close cabinets, undermount sinks, and tile backsplashes. One bathroom in each cottage has a walk-in shower with smoky glass doors, while the other features a tub with a tile surround; both have stand-alone vanities. The cottages are built to withstand hurricanes and feature 14-foot ceilings. Each cottage has adequate-sized bedrooms and covered porches. The backyards are fully fenced and sodded. Each home has two paved parking spaces, with additional guest parking available. The property is located close to downtown, approximately 25 minutes from Port Aransas and Corpus Christi. The lot size is 0.0985 acres and the property size is 1252 square feet. The cottages can be purchased separately.

Key Highlights

  • Package deal for two modern, move‑in ready cottages - excellent investment opportunity or personal use with rental income potential.
  • Hurricane‑built construction with energy‑efficient design and low‑maintenance features.
  • Modern kitchens feature soft‑close cabinets and full‑size appliances including washer/dryer hookups.

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 $18.8k $15.00
− Vacancy −$2.2k −$1.80
EGI $16.5k $13.20
− OpEx −$5.0k −$3.96
NOI $11.6k $9.24
1,252 SF · lease $15.00/SF/yr · vacancy 11.97% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$165.3K
$144.7K – $192.9K (±1% cap)
NOI $11,572 @ 7.0% cap · market cap 3.05%
Second Best
Apartment 5plus
$146.5K
$128.2K – $170.9K (±1% cap)
NOI $10,255 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$478.6K
$418.8K – $558.4K (±1% cap)
NOI $33,503 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Two environmentally conscious cottages in Rockport, close to downtown.
Where is this duplex located?
The property is located at 106 Landry Rockport, TX.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Package deal for two modern, move‑in ready cottages - excellent investment opportunity or personal use with rental income potential.; Hurricane‑built construction with energy‑efficient design and low‑maintenance features.; Modern kitchens feature soft‑close cabinets and full‑size appliances including washer/dryer hookups.
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