Aransas Pass, TX 78336
150 N Commercial St
$719,000
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Property Overview
About 150 N Commercial St
Investment opportunity in Aransas Pass! The Paladin Motel features 22 rentable units with a mix of rooms and kitchen-equipped accommodations, plus separate manager quarters. Based on owner-provided room rates and an assumed 90% occupancy, projected gross rental income ranges from approximately $236,340 to $258,570 annually. Kitchen-equipped units offer flexibility for extended stays, while the courtyard layout provides convenient access to individual rooms. An opportunity for an investor or owner-operator seeking a Coastal Bend hospitality property with income potential. Income figures are projections, not verified collections or net profit, and are subject to buyer verification.
Property Highlights
- Status
- Active
- Price
- $719,000
- Property Type
- Industrial
- Bathrooms
- 0
- Living Area
- 7,824 Sq Ft
- Lot Size
- 0.64 Acres
- Year Built
- 1940
- Subdivision
- Aransas Pass-Townsite
- MLS / Listing ID
- 483960
Listing attribution: Courtesy of Keller Williams Coastal Bend · Janie Ellis.
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Location & nearby active listings
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Marci Peck
REALTOR® · TREC #0723266
Corpus Christi Realty Group
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Before you make an offer
Ask for windstorm certificates on the roof, windows and any additions; San Patricio and Aransas are coastal windstorm counties. Check the flood zone and ask for an elevation certificate, especially near the bays and canals. On canal and waterfront homes, have the dock, boat lift and shoreline structures inspected, and ask about canal depth at low water. In Rockport, ask for permits and repair records on homes rebuilt after Hurricane Harvey. If you plan to rent the home out, check the city's short-term rental rules and any HOA rules first. Outside city limits, confirm whether the home is on sewer or septic.
Windstorm insurance and flood zones vary by property; Marci can point you to the right specialist. This isn't insurance or legal advice.
Good to know
Winter and spring northers can push water out of the shallow bays and canals for days, dropping levels well below normal. Waterfront buyers should ask about canal depth at low water before counting on year-round boat access.