12-Unit Apartment
For Sale
$775,000
160 N 13th Street, Aransas Pass, TX 78336
Residential, Aransas Pass, TX
Property Size7,124 SF
Lot Size0.74 Acres
Price / SF$108.79
Days on Market140
Property Features for 160 N 13th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Interior features
PrimaryDownstairs, CeilingFans
Exterior features
Storage
Appliances
ElectricOven, ElectricRange, FreeStandingRange, Refrigerator, RangeHood
Subdivision
Aransas Pass-Gile Add
Lot features
Interior Lot
Elementary school
Aransas Pass
Middle school
Aransas Pass
High school
Aransas Pass
Elementary school district
Aransas Pass ISD
Middle school district
Aransas Pass ISD
High school district
Aransas Pass ISD
Standard status
Active
APN
50767
Size
7,124 SF
Lot size
0.74 Acres
Taxes and HOA fees
Tax Description
GILE ADDN LOT 15A, 15B, 16A, 16B
Tax Annual Amount
11334
Legal Description
GILE ADDN LOT 15A, 15B, 16A, 16B
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Vaden MacLeod Real Estate
(361) 523-1494
Listed By:
Autumn MacLeod · License #0609498
(361) 776-0389
Added: May 21
Changed: Sep 16
Last Checked: Oct 7 at 9:06AM
MLS# 476811
Copyright © 2026 South Texas Multiple Listing Service, LLC. 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 single-story apartment property contains 12 units with a mix of one- and two-bedroom floor plans. The 7,124-square-foot building was constructed in 1982 and is fully occupied. Unit features include central electric heating and air conditioning, ceiling fans, and electric kitchen appliances. Storage is also provided on the property.
The 0.74-acre site at 160 N 13th Street in Aransas Pass includes off-street parking, public water, and public sewer. The property is positioned near Aransas Pass High School, downtown shopping, restaurants, and coastal fishing areas. The established configuration offers an operating multifamily asset with existing occupancy and public utility service.
The 0.74-acre site at 160 N 13th Street in Aransas Pass includes off-street parking, public water, and public sewer. The property is positioned near Aransas Pass High School, downtown shopping, restaurants, and coastal fishing areas. The established configuration offers an operating multifamily asset with existing occupancy and public utility service.
Key Highlights
- 12‑unit apartment property with a mix of 1- and 2‑bedroom layouts
- Fully occupied building constructed in 1982
- 7,124 square feet of single‑story building area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,354
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,167,080
$1.2M
Cap Rate 7%
$833,629
$833.6K
Cap Rate 9%
$648,378
$648.4K
Market Conditions
NOI Build-Up for 7,124 SF
Gross rent
$121.4K $17.04/SF
− Vacancy
−$15.3K −$2.15/SF
EGI
$106.1K $14.89/SF
− OpEx
−$47.7K −$6.70/SF
NOI
$58.4K $8.19/SF
Area
San Patricio County, TX
Vacancy
12.60%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,167,080
Cap Rate 7%
$833,629
Cap Rate 9%
$648,378
Alternative Uses
Best Use
Apartment 5plus
$833.6K
$729.4K – $972.6K
NOI $58,354 @ 7.0% cap · market cap 7.53%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.65M
$3.20M – $4.26M
NOI $255,823 @ 7.0% cap · market cap 33.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
12
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
302
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Single-story property with one- and two-bedroom layouts, central HVAC, public utilities, storage, and off-street parking.
Where is this apartment building located?
The property is located at 160 N 13th Street Aransas Pass, TX.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 12‑unit apartment property with a mix of 1- and 2‑bedroom layouts; Fully occupied building constructed in 1982; 7,124 square feet of single‑story building area
