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    101 E Rockport St Mathis, TX 78368

    For Sale
    $130,000

    Commercial property gutted, ready for development near lake and downtown.

    Lot size:
    0.16 Acres

    Property Features for 101 E Rockport St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1983

    Source: Moore Home and Ranch, LLC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property Ready for Development

    This commercial property has been completely gutted to the bones inside and features a new roof and mansards. The property is ready to be developed for various purposes. It is located close to the lake, downtown area, and shopping venues, making it suitable as a motel or long-term lease property.
    Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Mathis Event Center

    Location Insight

    • Map
    • Local Demand
    City
    Mathis
    County
    San Patricio
    State
    Texas
    Longitude
    -97.828417
    Latitude
    28.095477

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    FAQs

    What type of property is this?
    Motel - Commercial property gutted, ready for development near lake and downtown.
    Where is this motel located?
    The property is located at 101 E Rockport St Mathis, TX.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Gutted interior provides a blank canvas for complete customization; - New roof and mansards; - Suitable for motel or long-term lease property
    (254) 431-9323
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    101 E Rockport St Mathis, TX 78368
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    Mathis, TX 78368
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    Realmo Value Estimation

    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.

    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.

    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
    101 E Rockport St Mathis, TX 78368
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