




$249,900
1523 Pine Ridge Drive A and B, College Station, TX, 77840
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Attention all investors -great redevelopment opportunity with current cash flow! This duplex is ideally located in the heart of College Station, one block from a TAMU shuttle bus stop and a short bike ride to campus. Close to retail, restaurants and parks it is in an ideal location. In addition this area has been re-zoned to higher density development allowing for redevelopment of this property into a fourplex and units with more bedrooms greatly increasing cash flow potential. The area’s ongoing development makes this property an ideal investment with both immediate and long-term return potential. The 2 bedroom, 1 bath units are in good overall condition and offer immediate cashflow since they are fully leased. Don't miss this opportunity at a great investment!
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: College Station
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