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$350,000

305 Brookside Drive W, Bryan, TX, 77801

PendingInfo
Beds5 Beds
Baths3 Bath
Baths2,144 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.25 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Water Heater
FlooringLaminate, Tile

Exterior

Lot Size19,720 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN144000-0005-0010
Lot Number1
SubdivisionBorderbrook Ph 1
Land UseResidential
Legal DescriptionBORDERBROOK PH 1, BLOCK 5, LOT 1 LESS 4'
Census Tract001002
Assessed Land Value$155,969
Assessed Improvement Value$212,101
Assessment Year2025

About this property

Welcome to this fantastic investment opportunity in Bryan, Texas! Situated in a prime location close to both Texas A&M University campus and Blinn College, this property offers convenience and accessibility for tenants and investors alike. This spacious 5-bedroom, 3-bathroom home sits on an oversized lot spanning nearly half an acre, providing ample space for outdoor activities and potential future development. Upon entering the home, you'll be greeted by an abundance of natural light that floods the interior, creating a warm and welcoming atmosphere. There is a generously sized kitchen for preparing meals and entertaining guests, featuring ample cabinet space. One of the unique features of this property is the converted garage, which provides an additional bedroom and adds versatility to the floor plan. Whether utilized as a guest room, home office, or additional living space, this bonus room offers endless possibilities. Outside you will be greeted by a spacious back patio, where you can entertain guests in the expansive outdoor space. The large lot provides plenty of room for outdoor activities, gardening, or even adding a pool or workshop, making it a desirable feature for potential tenants or future development. Currently leased through July of this year, this property offers immediate income potential for investors seeking a turnkey investment opportunity. New HVAC- June 2024

Investor Tools

$231,584Estimated Mortgage Balance
$140,416Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,232 /month
Positive
Cash Flow Estimate:
$744 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$709/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,651
$368,070
2025
$155,969
$212,101
$368,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,651
$368,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Equity Mortgage
Commercial
$253,600
No
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,584
$140,416
37%
62%
$1,521/mo

City: Bryan