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About This Home

This 11-bedroom, 5-bathroom residential multi family at 229 E Spencer in Aransas Pass, TX is listed for $699,000 ($160 per sqft). the home offers 4,368 sqft of living space on a N/A lot.

Agent Description

Income-producing opportunity in the heart of Aransas Pass - positioned squarely in the city's growth corridor with full city utilities and strong visibility. Five fully remodeled coastal cabins deliver immediate cash flow with long-term upside in one of the Coastal Bend's most active rental markets.

Each cottage has been thoughtfully renovated from the inside out, including new electrical, plumbing, and individual HVAC systems. Every unit features in-unit washer and dryer, dedicated parking, additional off-street parking, and covered parking—an uncommon and highly desirable amenity in this market.

Located directly off the main thoroughfare connecting downtown Aransas Pass to Port Aransas Island, accessibility and exposure are unmatched. The property includes a versatile unit mix: one 3-bedroom/1-bath, and four-2-bedroom/1-bath units, all beautifully updated and offered fully furnished making this a true turnkey investment.

While currently rented all bills paid, each cabin is individually metered for water, electricity, and gas, providing operational flexibility for future optimization. This is the kind of property investors look for but rarely find: scalable, well-located, and ready to perform from day one. Schedule your private tour today and secure a coastal asset built for income and growth.

Property Details

5 full

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

229 E Spencer

Aransas Pass, TX 78336

JH Mccarthys Subd

Features & Amenities

Interior Features

Ceramic Tile FlooringDrapes/Blinds

Property Details

Construction

Frame

Parking

AssignedPaved or Surfaced

Heating

Other (Heating)

Cooling

Window Unit(s)

Appliances

DryerRangeRefrigerator

Questions & Answers

This 11-bedroom, 5-bathroom residential multi family at 229 E Spencer is listed at $699,000 ($160/sqft). The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.

Interior Features: Ceramic Tile Flooring, Drapes/Blinds.

This property is listed by James Balleza and can be reached at 7137030592 or james@key-allegro.com.

JB

James Balleza

Agent at KEY ALLEGRO REAL ESTATE

(713) 703-0592

Listed by KEY ALLEGRO REAL ESTATE · View on Broker Site

MLS# 150554· Source: listhub· Updated today

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.

229 E Spencer, Aransas Pass, TX 78336

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