1212 Laurel St Rockport, TX 78382-2817
Property Lookup
Property profile & analytics
1212 Laurel St Rockport, TX 78382-2817
- Commercial real estate
- 11,904 SF
- 0.36 lot acres
Property ID
US82-5661417
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Studio 6 Suites Rockport, TX – Rockport Beach / Hotel & Motel / Vacation Rental
- Blue Wave Inn / Hotel & Motel
Property Details for 1212 Laurel St
- Year built
- 1954
- Lot size
- 0.36 lot acres
- Property size
- 11,904 SF
- Property type
- Commercial real estate
- APN
- 5550-045-001-000
- APU
- 5550045001000
Description
This exceptional 11,904 square foot, 29-room motel, situated on a 0.36-acre lot at 1212 E Laurel Street in Rockport, Texas, presents a unique investment opportunity. The property boasts 28 recently renovated guest rooms, offering a mix of room types to cater to diverse guest needs. Ten rooms feature kitchenettes (two with king beds, eight with two queen beds), seven offer king-sized beds, and eleven provide two queen beds. Recent capital improvements include complete guest room renovations encompassing new furniture, fixtures, and equipment (FF&E), bedding, flooring, stucco, electrical and plumbing systems, storm-rated windows, and fresh paint. Operational features include Innsoft Check-Inn software (no monthly fees), on-site manager's quarters with a bedroom and full kitchen, and a comprehensive camera security system. Guest amenities include free high-speed WiFi, an outdoor swimming pool, vending machines, guest laundry facilities, renovated covered patios, and outdoor cardio/gym equipment. The motel's prime location offers easy access to Rockport Beach, the Harbor Fairgrounds, and the Historical Arts District, placing it within close proximity to festivals, museums, art galleries, restaurants, and bars. Priced at $1,900,000, this turnkey property requires no immediate capital expenditures, offering immediate income potential and a strong return on investment. The flexible room types and attractive amenities are designed to maximize guest satisfaction and encourage repeat business. This is a rare opportunity to acquire a fully updated and operational hospitality asset in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $780,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $916,000
Market price range: $916k - $2.68M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rockport
- County
- Aransas
- State
- Texas
- Longitude
- -97.0489
- Latitude
- 28.0284
- CBSA code
- 40530
- CBSA name
- ROCKPORT, TX MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,103
$360,640
$324,060
$684,700
-
$360,640
$324,060
$684,700
