Two-Unit Duplex with Attached
New
For Sale
$360,000
912 S Kossuth, Rockport, TX 78382
Residential Income, ROCKPORT, TX
Property Size2,140 SF
Lot Size0.17 Acres
Price / SF$168.22
Days on Market3
Property Features for 912 S Kossuth
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-3
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Parking features
Garage
Subdivision
Doughty&Mathis
Lot features
Inside Lot
Elementary school district
Rockport-Fulton ISD
Middle school district
Rockport-Fulton ISD
High school district
Rockport-Fulton ISD
Standard status
Active
Size
2,140 SF
Lot size
0.17 Acres
Amenities
stainless steel appliances
granite countertops
washer/dryer connections
vaulted ceilings
ceiling fans
tile flooring
fenced yard
Building Details
Floors in Building
1
Number of units
2
Building materials
Frame, Slab Foundation
Roof type
Composition
Listing Agency:
RE/MAX SECURITY R. E. · RE/MAX International
(361) 729-2256
Listed By:
JENNIFER HEDDLESTEN · License #646329
(979) 236-7619
Added: Aug 28
Last Checked: Aug 30 at 12:06AM
MLS# 155937
Copyright © 2026 Rockport Area Association of Realtors. 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 2,140-square-foot duplex includes two separate residences, each with 2 bedrooms, 2 bathrooms, an attached garage, and a fenced yard. Interior features include tile flooring throughout, vaulted ceilings, ceiling fans, neutral paint, granite kitchen countertops, stainless steel appliances, and washer/dryer connections in the garages. The composition roof and slab foundation complement the frame construction.
Located at 912 S Kossuth in Rockport, Texas, the property occupies a 0.1722-acre lot and carries R-3 zoning. The duplex has maintained 97% occupancy, and the offering includes access to a larger group of 14 duplexes available for purchase, allowing acquisition of individual properties or multiple units.
Located at 912 S Kossuth in Rockport, Texas, the property occupies a 0.1722-acre lot and carries R-3 zoning. The duplex has maintained 97% occupancy, and the offering includes access to a larger group of 14 duplexes available for purchase, allowing acquisition of individual properties or multiple units.
Key Highlights
- 2,140 square feet on a 0.1722‑acre lot
- Two 2‑bedroom, 2‑bathroom units
- Each unit includes an attached garage and fenced yard
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
$19,780
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
5.49%
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%
$395,600
$395.6K
Cap Rate 7%
$282,571
$282.6K
Cap Rate 9%
$219,778
$219.8K
Market Conditions
NOI Build-Up for 2,140 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
$32.1K $15.00/SF
− Vacancy
−$3.8K −$1.80/SF
EGI
$28.3K $13.20/SF
− OpEx
−$8.5K −$3.96/SF
NOI
$19.8K $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 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%
$395,600
Cap Rate 7%
$282,571
Cap Rate 9%
$219,778
Alternative Uses
Best Use
Multifamily LT 5
$282.6K
$247.3K – $329.7K
NOI $19,780 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$250.4K
$219.1K – $292.2K
NOI $17,529 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$818.1K
$715.8K – $954.4K
NOI $57,265 @ 7.0% cap · market cap 15.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
28
Residential units
97%
Occupancy
Location Intelligence
Trade Area within ½ mile
175
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - R-3-zoned duplex with fenced yards, tile flooring, and attached garages for both units.
Where is this duplex located?
The property is located at 912 S Kossuth Rockport, TX.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 2,140 square feet on a 0.1722‑acre lot; Two 2‑bedroom, 2‑bathroom units; Each unit includes an attached garage and fenced yard
