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$7,000,000

1806 Hwy 35 N., Rockport, TX, 78382

On MarketInfo
CommercialInfo
Baths0 Bath
Baths30,824 Sq Ft
IndustrialIndustrial
price_per_sqft$227.1 / sqft
Year BuiltBuilt in 1971

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesStorage

Building Information

Garage Spaces50

About this property

Welcome to Little Bay Landing, a fully reimagined 24-unit condo complex offering a rare turnkey investment opportunity along Highway 35 N in Rockport. This comprehensive renovation from the studs includes HVAC, electrical, plumbing, windows, doors, and siding—resulting in a like-new property designed for long-term investment performance with minimal capital expenditures in the years to come. Rebuilt with luxury in mind, guests will enjoy quality and attention to detail at every square inch of the interior. The complex offers 284 feet of highway frontage in a prime location near HEB, Walmart, the new Starbucks, and many of Rockport’s most popular local restaurants and attractions. Little Bay Landing includes four 3-bedroom / 2.5-bath units and twenty 2-bedroom / 1.5-bath units, for a total of 56 bedrooms and approximately 30,824 square feet of livable space. Each unit is individually metered and offers a full kitchen, living room, dining area, laundry room, plenty of storage space, and a private outdoor patio, perfectly suited for short- or long-term rentals. The property’s centerpiece is a resort-style heated pool and pool house, added during renovation to provide year-round enjoyment for residents and guests. Additional features include a complete security system, ample parking, and a professional online presence with a dedicated website, active social media platforms, and a digital marketing team recently put in place to drive occupancy. Strong local demand and flexible leasing potential offer significant cash flow and appreciation upside. With every detail completed and the infrastructure established, the developers are ready to pass this exceptional project to an investor seeking a luxury, income-producing property in one of the Gulf Coast’s most desirable areas.

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$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$42,000 /month
Positive
Cash Flow Estimate:
$14,000 /month

Interested in this property?

Doug Nichols

Coldwell Banker Pacesetter Steel

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rockport

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1806 Hwy 35 N. | Property Details | No Agent List