Duplex with
New
For Sale
$399,500
503 Traylor Boulevard, Rockport, TX 78382
Residential, Rockport, TX
Property Size2,344 SF
Lot Size0.34 Acres
Price / SF$170.44
Days on Market2
Property Features for 503 Traylor Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Parking
1
Parking features
Carport
Interior features
WindowTreatments
Subdivision
Sylvan Heights
Lot features
Interior Lot
Elementary school
Fulton
Middle school
RockportFulton
High school
RockportFulton
Elementary school district
RockportFultonISD
Middle school district
RockportFultonISD
High school district
RockportFultonISD
Directions
Hwy 35 Business, right on Traylor Blvd at the corner of Traylor Blvd and Scott St.
Standard status
Active
APN
5975003011001
Size
2,344 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
SYLVAN HEIGHTS, BLOCK 3, LOT S/50' OF 12 AND ALL OF LOT 1 BLOCK 7 GIBBS ADDITION
Tax Annual Amount
6929
Legal Description
SYLVAN HEIGHTS, BLOCK 3, LOT S/50' OF 12 AND ALL OF LOT 1 BLOCK 7 GIBBS ADDITION
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Amenities
carport
fenced backyard
Building Details
Year built
1979
Floors in Building
2
Roof type
Shingle
Listing Agency:
Kuper Sotheby's Intl Realty
(361) 749-4000
Listed By:
Traci Baucum · License #0472465
(361) 445-5281
Added: Oct 13
Last Checked: Oct 14 at 5:06AM
MLS# 483910
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 renovated duplex contains 2,344 square feet and sits on a 0.3444-acre lot. One side is vacant. The property was built in 1979 and has a shingle roof, central electric heat, central air conditioning, a carport, and a fenced backyard. Public water and sewer serve the property.
The duplex is within walking distance of the water, with shopping and dining nearby. Its two-unit configuration and vacant side provide flexibility for occupancy or rental use.
The duplex is within walking distance of the water, with shopping and dining nearby. Its two-unit configuration and vacant side provide flexibility for occupancy or rental use.
Key Highlights
- 2,344‑square‑foot duplex on a 0.3444‑acre lot
- One side is vacant
- Renovated property with central electric heating and central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,666
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,320
$433.3K
Cap Rate 7%
$309,514
$309.5K
Cap Rate 9%
$240,733
$240.7K
Market Conditions
NOI Build-Up for 2,344 SF
Gross rent
$35.2K $15.00/SF
− Vacancy
−$4.2K −$1.80/SF
EGI
$31.0K $13.20/SF
− OpEx
−$9.3K −$3.96/SF
NOI
$21.7K $9.24/SF
Area
Aransas County, TX
Vacancy
11.97%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,320
Cap Rate 7%
$309,514
Cap Rate 9%
$240,733
Alternative Uses
Best Use
Multifamily LT 5
$309.5K
$270.8K – $361.1K
NOI $21,666 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$274.3K
$240.0K – $320.0K
NOI $19,200 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$896.1K
$784.1K – $1.05M
NOI $62,724 @ 7.0% cap · market cap 15.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
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
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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?
Duplex - One side is vacant, and the property includes central heating and air conditioning.
Where is this duplex located?
The property is located at 503 Traylor Boulevard Rockport, TX.
What is the asking price?
The asking price for this property is $399,500.
What are key features of this property?
This property features: 2,344‑square‑foot duplex on a 0.3444‑acre lot; One side is vacant; Renovated property with central electric heating and central air conditioning
