Furnished Motel and RV
For Sale
$1,299,900
3001 Highway 35, Aransas Pass, TX 78336
CommercialSale, Aransas Pass, TX
Property Size6,628 SF
Lot Size3.01 Acres
Price / SF$196.12
Days on Market48
Property Features for 3001 Highway 35
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Burton & Danforth
Lot features
Landscaped
Directions
From Corpus Christi: Take US-181 North across the Harbor Bridge towards Portland. Continue on US-181 through Portland and Gregory, then take TX-35 toward Aransas Pass/Rockport. Continue on TX-35 Bypass into Aransas Pass. The property is located directly off the bypass at 3001 TX-35 Bypass.
Standard status
Active
APN
0848223011005
Size
6,628 SF
Lot size
3.01 Acres
Taxes and HOA fees
Tax Description
BURTON & DANFORTH, BLOCK 223, LOT 11-B & 11-C, ACRES 3.008
Legal Description
BURTON & DANFORTH, BLOCK 223, LOT 11-B & 11-C, ACRES 3.008
Utilities
Sewer type
Private Sewer, Public Sewer
Heating system
Ductless (Heating)
Cooling system
Ductless
Water source
Private, Public, Well
Amenities
covered porches
concrete RV sites with full hookups
coin-operated laundry
office/storage building
Building Details
Year built
2016
Floors in Building
1
Listing Agency:
South Texas Realty, LLC
(830) 393-0000
Listed By:
Emma Hubbs · License #0842443
(361) 425-5566
Added: Aug 13
Changed: Sep 21
Last Checked: Sep 29 at 6:06AM
MLS# 480835
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 6,628-square-foot hospitality property, built in 2016, combines furnished short- and extended-stay accommodations with RV infrastructure. The lodging component includes nine one-bedroom, one-bath cottages and one two-bedroom, one-bath tiny-home cottage, along with one unfinished building that could be completed as another tiny home. Each furnished cottage includes a bedroom, full bathroom, kitchen, living and dining areas, and a covered porch.
The property also includes six concrete RV sites with water, sewer, and 30/50-amp electrical service. Two metal workshops provide additional utility, including a 30' x 40' single-bay building and a 40' x 60' double-bay building. An office/storage building and coin-operated laundry facility with a private restroom support on-site operations. Dual entrances and wide interior drives accommodate RV and vehicle circulation across the 3.01-acre property.
Located at 3001 Highway 35 in Aransas Pass, the property has Highway 35 frontage and approximately 14,000 vehicles pass daily according to TX DOT traffic count data. It is approximately 10 miles from Port Aransas, 12 miles from Rockport, and 20 miles from Corpus Christi.
The property also includes six concrete RV sites with water, sewer, and 30/50-amp electrical service. Two metal workshops provide additional utility, including a 30' x 40' single-bay building and a 40' x 60' double-bay building. An office/storage building and coin-operated laundry facility with a private restroom support on-site operations. Dual entrances and wide interior drives accommodate RV and vehicle circulation across the 3.01-acre property.
Located at 3001 Highway 35 in Aransas Pass, the property has Highway 35 frontage and approximately 14,000 vehicles pass daily according to TX DOT traffic count data. It is approximately 10 miles from Port Aransas, 12 miles from Rockport, and 20 miles from Corpus Christi.
Key Highlights
- 3.01‑acre property with 6,628 square feet of improvements
- Nine 1bd/1ba cottages plus one 2bd/1ba tiny‑home cottage
- Six concrete RV sites with water, sewer, and 30/50‑amp electrical service
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
$54,291
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
4.18%
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%
$1,085,820
$1.1M
Cap Rate 7%
$775,586
$775.6K
Cap Rate 9%
$603,233
$603.2K
Market Conditions
NOI Build-Up for 6,628 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
$112.9K $17.04/SF
− Vacancy
−$14.2K −$2.15/SF
EGI
$98.7K $14.89/SF
− OpEx
−$44.4K −$6.70/SF
NOI
$54.3K $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 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%
$1,085,820
Cap Rate 7%
$775,586
Cap Rate 9%
$603,233
Alternative Uses
Best Use
Hotel Hospitality
$3.40M
$2.98M – $3.97M
NOI $238,011 @ 7.0% cap · market cap 18.31%
Second Best
Apartment 5plus
$775.6K
$678.6K – $904.9K
NOI $54,291 @ 7.0% cap · market cap 4.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
10
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Motel - Hospitality property with furnished cottages, RV sites, workshops, and flexible on-site support facilities.
Where is this motel located?
The property is located at 3001 Highway 35 Aransas Pass, TX.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: 3.01‑acre property with 6,628 square feet of improvements; Nine 1bd/1ba cottages plus one 2bd/1ba tiny‑home cottage; Six concrete RV sites with water, sewer, and 30/50‑amp electrical service
