Search
Multifamily Development Site with Duplex Framework
For Sale
$1,700,000

1601 Mathis, Rockport, TX 78382

Shovel-ready duplex development site with foundations poured and city utilities available, approved for up to 19 duplexes.

Lot Size6.00 Acres
Days on Market400

Property Features for 1601 Mathis

General Information

Standard status Active
Lot size 6.00 Acres
Property subtype General Commercial

Additional Details

Utilities to Site Yes
Multifamily Units 38

Building Details

Year Built 2024
Listing Agency: eXp Realty
Listed By: Heather Knox · License #02092883
Source: Xome
Added: Jun 27, 2025 Changed: Jul 10 Last Checked: Jul 31 at 3:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This multifamily development site in Rockport, Texas is set up for a duplex-focused build-out, with approximately 6 acres and significant groundwork already completed. The project includes 10 foundations poured and six duplex structures that are about 40% complete. The site has approved capacity for 19 total duplexes (38 doors), giving developers a clear path to scale within the existing approvals. City utilities are available, supporting development on the current footprint or a reconfigured plan.

Located at 1601 Mathis St and described as just minutes from the waterfront, the property is positioned for a multi-family and commercial-oriented use. The listing indicates the site is zoned and positioned to support multi-family/commercial development, aligning the existing improvements with broader development options.

For investors and builders, the primary advantage here is the time saved by the existing infrastructure and partially completed duplex structures. Whether you choose to continue construction on the current layout or bring your own vision while working within the approved duplex capacity, the property provides a practical foundation for a new multifamily community.

Key Highlights

  • ~6‑acre Rockport, TX development site at 1601 Mathis St for up to 19 duplexes (38 doors)
  • Shovel‑ready with 10 foundations poured and 6 duplex structures ~40% complete
  • Approved capacity for 19 total duplexes (38 doors), zoned and positioned for multi‑family/commercial use

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Law Firm Pharmacy Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

38
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby

Demographics for 78382, TX

19,432
Population
13,048
Households
1.5
Avg Household Size
53
Median Age
30%
College-Educated
92%
High-School Grad
79.9 sq mi
ZIP Area
243
Density / Sq Mi
$63,434
Median Household Income
$38,741
Median Earnings
$1,147
Median Rent
$238,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Shovel-ready duplex development site with foundations poured and city utilities available, approved for up to 19 duplexes.
Where is this apartment building located?
The property is located at 1601 Mathis Rockport, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: ~6‑acre Rockport, TX development site at 1601 Mathis St for up to 19 duplexes (38 doors); Shovel‑ready with 10 foundations poured and 6 duplex structures ~40% complete; Approved capacity for 19 total duplexes (38 doors), zoned and positioned for multi‑family/commercial use
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message