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Water-View Triplex Investment

4042 Loop 1781 Rockport, TX 78382

New
4042 Loop 1781, Rockport, TX, 78382
$450,000
For Sale
$450,000

MULTI_FAMILY - Rockport, TX

Property Size3,108 SF
Lot Size0.32 Acres
Price / SF$144.79
Days on Market1

Property Features for 4042 Loop 1781

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
Patio and Porch features
Patio
Interior features
CathedralCeilings, WindowTreatments, CeilingFans
Appliances
Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, FreeStandingRange, MultipleWaterHeaters
Standard status
Active
APN
1375-000-024-000
Size
3,108 SF
Lot size
0.32 Acres

Taxes and HOA fees

Tax Description
S1375 Copano Village Addition Lot 24 & 25

Utilities

Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1973
Floors in Building
2
Number of units
3
Flooring type
Laminate, Tile
Building materials
HardiplankType, ShingleSiding, WoodSiding
Roof type
Shingle
Listing Agency Prime Real Estate
4926 Everhart, Portland, TX
Listed by Bridget Knower · License #0588097
Added: Jul 18 Checked: Jul 18 at 9:06 pm
MLS# 479620 Listing URL

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 for-sale triplex investment property includes three separate units, each configured as a 2-bedroom, 1-bath residence. The setup features a 2-story duplex home along with a second stand-alone home, and each unit has its own private entrance. The property is described as having water-view attributes.

Located in the Copano Village area of Rockport/Fulton, the listing places the property near a waterfront kayak park within walking distance. The offering is also noted as being in an Opportunity Zone.

The listing is presented with a proven rental history and strong occupancy. It is also offered as a bundle option with an adjacent duplex listing at 4058 Loop 1781.

Key Highlights

  • Triplex investment property in Copano Village area of Rockport Fulton with water views
  • 2‑story duplex home plus a 2nd stand‑alone home, each with its own private entrance
  • All units are 2‑bedroom, 1‑bath layouts

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $46.6k $15.00
− Vacancy −$5.6k −$1.80
EGI $41.0k $13.20
− OpEx −$12.3k −$3.96
NOI $28.7k $9.24
3,108 SF · lease $15.00/SF/yr · vacancy 11.97% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$410.4K
$359.1K – $478.8K (±1% cap)
NOI $28,728 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$363.7K
$318.2K – $424.3K (±1% cap)
NOI $25,458 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,168 @ 7.0% cap · market cap 18.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

FAQs

What type of property is this?
Triplex - Triplex property with three 2-bed, 1-bath units, each with private entry and water-view features.
Where is this triplex located?
The property is located at 4042 Loop 1781 Rockport, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Triplex investment property in Copano Village area of Rockport Fulton with water views; 2‑story duplex home plus a 2nd stand‑alone home, each with its own private entrance; All units are 2‑bedroom, 1‑bath layouts
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