517 S Rife St, Aransas Pass, TX, 78336

About This Home

Unique potential income-producing property with exceptional investment potential. Situated on an oversized corner lot, this versatile property offers two separate residences plus additional value-added opportunities, making it ideal for long-term rentals, short-term rentals, or a live-in/lease-out strategy. The property features a 3-bedroom, 2-bath main home (1,414 sq ft) with a bonus room that can easily serve as a 4th bedroom or office, along with a detached 1-bedroom, 1-bath guest house (544 sq ft) offering a full kitchen and an additional 224 sq ft fully screened porch. Both homes are individually metered with separate addresses, allowing for seamless independent rentals. Additional structures include a detached 2-car garage and a separate storage structure with strong potential for conversion into a third living unit, further enhancing the income potential. Located less than 2 miles from Conn Brown Harbor and the Redfish Bay Causeway, this property is ideally positioned for short-term rental demand, fishing camp use, or workforce housing. Whether you choose to live in one unit while renting the other, lease both for maximum cash flow, or expand into a third rental, this property offers rare flexibility, a desirable location, and multiple revenue streams, making it a standout opportunity for investors and owner-occupants alike.