10-Unit Cottage and Duplex
For Sale
$1,700,000
609 W Liberty Street, Rockport, TX 78382
Residential, Rockport, TX
Property Size6,950 SF
Lot Size0.99 Acres
Price / SF$244.60
Days on Market15
Property Features for 609 W Liberty Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
18
Bathrooms
12
Full bathrooms
12
Rooms
Bedroom 10, Bedroom 14, Bedroom 17, Bedroom 15, Bathroom 8, Bedroom 2, Bathroom 4, Bedroom 16, Bathroom 6, Bedroom 12, Bedroom 9, Bedroom 18, Bathroom 2, Bathroom 5, Bathroom 3, Bathroom 7, Bathroom 11, Bedroom 13, Bedroom 4, Bedroom 11, Bathroom 9, Bathroom 12, Bedroom 8, Bedroom 7, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 10, Bedroom 1
Parking
20
Parking features
Assigned, Off Street
Appliances
Dishwasher, ElectricOven, ElectricRange, Disposal
Subdivision
Cathys Cottages
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
Standard status
Active
APN
1015001001000
Size
6,950 SF
Lot size
0.99 Acres
Taxes and HOA fees
Tax Description
CATHY'S COTTAGES, BLOCK 1, LOT 1
Tax Annual Amount
9045
Legal Description
CATHY'S COTTAGES, BLOCK 1, LOT 1
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating), Electric (Heating), Central
Cooling system
Central Air, Ductless
Water source
Public
Building Details
Year built
1995
Floors in Building
1
Number of units
4
Flooring type
Tile, Laminate
Roof type
Shingle
Listing Agency:
Melissa Cross, Broker
(361) 283-9598
Listed By:
Melissa Cross · License #0648674
(361) 688-7468
Added: Oct 16
Changed: Oct 29
Last Checked: Oct 30 at 5:06PM
MLS# 484050
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.
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Investment Insights
Based on property information with market context.
This 10-unit rental property in Rockport includes a duplex with two bedrooms, one bathroom and an enclosed porch, plus eight cottages. Four cottages are used as Airbnb rentals, and four are designated for long-term tenants. The duplex has a new roof; cottage repairs and updates have also been completed. The property contains 6,950 square feet on a 0.99-acre lot and was built in 1995.
Off-street and assigned parking are available. Public water and sewer serve the property. An unfinished shed and two shipping containers are also on site; the source describes the possibility of creating as many as two additional rental units, subject to approvals.
Off-street and assigned parking are available. Public water and sewer serve the property. An unfinished shed and two shipping containers are also on site; the source describes the possibility of creating as many as two additional rental units, subject to approvals.
Key Highlights
- 10 rental units: a two‑bedroom, one‑bath duplex and eight cottages
- Four cottages used as Airbnb rentals; four designated for long‑term rentals
- 6,950 square feet on a 0.99‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,928
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,138,560
$1.1M
Cap Rate 7%
$813,257
$813.3K
Cap Rate 9%
$632,533
$632.5K
Market Conditions
NOI Build-Up for 6,950 SF
Gross rent
$118.4K $17.04/SF
− Vacancy
−$14.9K −$2.15/SF
EGI
$103.5K $14.89/SF
− OpEx
−$46.6K −$6.70/SF
NOI
$56.9K $8.19/SF
Area
Aransas 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 Rate 5%
$1,138,560
Cap Rate 7%
$813,257
Cap Rate 9%
$632,533
Alternative Uses
Best Use
Apartment 5plus
$813.3K
$711.6K – $948.8K
NOI $56,928 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.66M
$2.32M – $3.10M
NOI $185,977 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Four cottages serve Airbnb guests, while four others are designated for longer-term rentals alongside a two-bedroom duplex.
Where is this apartment building located?
The property is located at 609 W Liberty Street 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: 10 rental units: a two‑bedroom, one‑bath duplex and eight cottages; Four cottages used as Airbnb rentals; four designated for long‑term rentals; 6,950 square feet on a 0.99‑acre lot
