Rockport Fourplex Near
1409 E Alamito, Rockport, TX 78382
MULTI_FAMILY - ROCKPORT, TX
Property size:
2,400 SFLot size:
0.20 AcresPrice / SF:
$170/SF- Added:
- Feb 6, 2025
- Days on Market:
- 479
- Last Refresh:
- May 31 at 1:06 pm
Property Features for 1409 E Alamito
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 3, Laundry Room
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.20 Acres
Building Details
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Pier/Beam, Vinyl Siding
- Roof type
- Composition
Listing agent KATHY TULLIS License #0513900 (361) 386-0572
Listing office KUPER SOTHEBY'S INTL. REALTY TX (210) 822-8602
Listing date Feb 6, 2025
MLS# 147303
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.
HighLights
- Prime location in the heart of Rockport, Texas, close to shops, restaurants, and beaches.
- Excellent opportunity for both family living and investment.
- Two units are fully furnished.
- All units include essential appliances (refrigerator and stove).
- Ample parking space available.
- Shared community washer and dryer facility.
Overview
This fourplex is located in Rockport, Texas, providing access to local shops, restaurants, and beaches. Two of the units are fully furnished. All units include a refrigerator and stove. The property provides ample parking space and a shared community washer and dryer facility. The lot size is 0.2009 acres. The property size is 2400 square feet. This property is suitable for both family living and investment purposes.
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 | $36.0k | $15.00 |
| − Vacancy | −$4.3k | −$1.80 |
| EGI | $31.7k | $13.20 |
| − OpEx | −$9.5k | −$3.96 |
| NOI | $22.2k | $9.24 |
2,400 SF · lease $15.00/SF/yr · vacancy 11.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$316.9K
$277.3K – $369.7K
NOI $22,184 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$280.8K
$245.7K – $327.7K
NOI $19,659 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$917.5K
$802.8K – $1.07M
NOI $64,222 @ 7.0% cap · market cap 15.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Rockport
- County
- Aransas
- State
- Texas
- Longitude
- -97.0473734
- Latitude
- 28.0337862
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fourplex in Rockport, TX, near shops and beaches.
Where is this quadplex located?
The property is located at 1409 E Alamito Rockport, TX.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Prime location in the heart of Rockport, Texas, close to shops, restaurants, and beaches.; Excellent opportunity for both family living and investment.; Two units are **fully furnished**.
