Two-Unit Townhouse-Style
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 Market57
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 1, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Parking features
Paved or Surfaced, Assigned
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: Oct 22
Last Checked: Oct 30 at 3:06AM
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.
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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 / Yr
$17,747
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
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
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 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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
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
