Two-Unit Townhouse-Style
New
For Sale
$239,900
141 S Rife Street, Aransas Pass, TX 78336
Residential Income, Aransas Pass, TX
Property Size1,920 SF
Lot Size0.16 Acres
Price / SF$124.95
Days on Market5
Property Features for 141 S Rife Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1
Parking features
Assigned, Paved or Surfaced
Subdivision
Aransas Townsite
Lot features
Inside Lot, Trees
Elementary school district
APISD
Middle school district
APISD
High school district
APISD
Standard status
Active
Size
1,920 SF
Lot size
0.16 Acres
Amenities
stackable washer and dryer
refrigerator
off-street unassigned parking
individual small fenced yards
Building Details
Floors in Building
2
Number of units
2
Building materials
Slab Foundation
Roof type
Composition
Listing Agency:
RE/MAX SECURITY R. E. · RE/MAX International
(361) 729-2256
Listed By:
Lisa McCoy · License #0720543
(832) 752-0040
Added: Sep 4
Changed: Sep 7
Last Checked: Sep 8 at 8:06AM
MLS# 155990
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 duplex contains two matching townhouse-style residences, with 1,920 square feet combined. Each unit includes 2 bedrooms, 1 bathroom, approximately 960 square feet, a living area, built-in bookshelves, and a mix of carpet and vinyl plank flooring. Refrigerators and stackable washer-dryer units are provided in both residences.
The property occupies 0.1607 acres at 141 S Rife Street in Aransas Pass, Texas. Exterior features include separate small fenced yards, mature trees, and off-street parking. The building has a slab foundation and composition roofing, and the property is zoned R.
The property occupies 0.1607 acres at 141 S Rife Street in Aransas Pass, Texas. Exterior features include separate small fenced yards, mature trees, and off-street parking. The building has a slab foundation and composition roofing, and the property is zoned R.
Key Highlights
- Two‑unit duplex with 1,920 square feet combined
- Each residence offers 2 bedrooms, 1 bathroom, and approximately 960 square feet
- Individual fenced yards provide separate outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,747
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$354,940
$354.9K
Cap Rate 7%
$253,529
$253.5K
Cap Rate 9%
$197,189
$197.2K
Market Conditions
NOI Build-Up for 1,920 SF
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.
Gross rent
$28.8K $15.00/SF
− Vacancy
−$3.4K −$1.80/SF
EGI
$25.4K $13.20/SF
− OpEx
−$7.6K −$3.96/SF
NOI
$17.7K $9.24/SF
Area
San Patricio County, TX
Vacancy
11.97%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$354,940
Cap Rate 7%
$253,529
Cap Rate 9%
$197,189
Alternative Uses
Best Use
Multifamily LT 5
$253.5K
$221.8K – $295.8K
NOI $17,747 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$224.7K
$196.6K – $262.1K
NOI $15,727 @ 7.0% cap · market cap 6.56%
Theoretical Best
Hotel Hospitality
$985.0K
$861.8K – $1.15M
NOI $68,947 @ 7.0% cap · market cap 28.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
Demographics for 78336, TX
12,009
Population
6,577
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
87%
High-School Grad
60.0 sq mi
ZIP Area
200
Density / Sq Mi
$58,536
Median Household Income
$37,297
Median Earnings
$1,182
Median Rent
$204,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Matching residences provide private fenced yards, built-in storage, and individual laundry appliances.
Where is this duplex located?
The property is located at 141 S Rife Street Aransas Pass, TX.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,920 square feet combined; Each residence offers 2 bedrooms, 1 bathroom, and approximately 960 square feet; Individual fenced yards provide separate outdoor space
