1409 E Alamito Rockport, TX 78382
MULTI_FAMILY - ROCKPORT, TX
Property Features for 1409 E Alamito
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Laundry Room, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
- 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
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.
Key Highlights
- Fourplex in Rockport, TX with convenient access to local shops, restaurants, and beaches
- Construction materials include pier/beam foundation and vinyl siding
- Roof type is composition
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 |
