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Mixed-Use Storefront With Apartment
For Sale
$599,999

416 S Austin Street, Rockport, TX 78382

CommercialSale, Rockport, TX

Property Size2,080 SF
Lot Size0.06 Acres
Price / SF$288.46
Days on Market205

Property Features for 416 S Austin Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-1
Zoning description B-1
Subdivision Doughty & Mathis
View Water
Directions Business 35 to Austin St. to 416 Austin.
Standard status Active
APN 1575008008000
Size 2,080 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description DOUGHTY & MATHIS, BLOCK 8, LOT S 28' OF 8
Legal Description DOUGHTY & MATHIS, BLOCK 8, LOT S 28' OF 8

Utilities

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

Building Details

Year built 1945
Floors in Building 2
Building materials Brick, Stucco, WoodSiding
Listing Agency: Key Allegro Real Estate
Listed By: John Kidwell · License #0422788
Added: Mar 20 Changed: Sep 21 Last Checked: Oct 10 at 1:06AM
MLS# 473580

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 mixed-use property combines a customer-facing storefront with an upper-level residential component. The commercial area includes broad display windows and open floor space for product inventory, while the apartment provides one bedroom and one bathroom. The building contains approximately 2,080 square feet on a 0.0643-acre lot and was constructed in 1945.

Located at 416 S Austin Street in Rockport, the property is currently occupied by Song Bird Chic, whose tenant would like to remain. Construction includes brick, stucco, and wood siding. Central electric heating and central air conditioning serve the building, with public water and public sewer in place.

Key Highlights

  • 2,080‑square‑foot mixed‑use building on a 0.0643‑acre lot
  • Storefront features large display windows and open inventory space
  • Upstairs apartment includes 1 bedroom and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,980
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,600 $479.6K
Cap Rate 7%
$342,571 $342.6K
Cap Rate 9%
$266,444 $266.4K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$37.4K $18.00/SF
− Vacancy
−$3.2K −$1.53/SF
EGI
$34.3K $16.47/SF
− OpEx
−$10.3K −$4.94/SF
NOI
$24.0K $11.53/SF
Area
Aransas County, TX
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,600
Cap Rate 7%
$342,571
Cap Rate 9%
$266,444

Alternative Uses

Best Use
Retail
$342.6K
$299.8K – $399.7K (±1% cap)
NOI $23,980 @ 7.0% cap · market cap 4.00%
Second Best
Mixed Use
$320.9K
$280.8K – $374.4K (±1% cap)
NOI $22,464 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$795.1K
$695.7K – $927.7K (±1% cap)
NOI $55,659 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Songbird Chic, Decor ... Home Decor Store Essential Body Spa ... Spa & Massage Center

Suggested Use

Top Pick Dental Office Pharmacy Nail Salon Building Supply (Bike/Boat/Book/etc) Store Storage Facility

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

1
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
6,557 visits/mo 0.5 miles
Wells Fargo Shops & Services
3,284 visits/mo 0.5 miles
Watermill Express Shops & Services
3,191 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick-and-stucco commercial building with display windows, retail space, and an upstairs one-bedroom living area.
Where is this mixed-use property located?
The property is located at 416 S Austin Street Rockport, TX.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 2,080‑square‑foot mixed‑use building on a 0.0643‑acre lot; Storefront features large display windows and open inventory space; Upstairs apartment includes 1 bedroom and 1 bathroom
More about this property
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