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$1,390,000

NAL Estimated Property Value

305 Cherry St, College Station, TX, 77840

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size16,405 sqft

Land Information

APN144500-0019-0030
Lot Number3,28,LO
SubdivisionBoyett
Land UseVacant Land
Legal DescriptionBOYETT, BLOCK 19, LOT 3 & 28' TRI OF 4
Census Tract001401
Assessed Land Value$689,000
Assessment Year2025

About this property

Welcome to an investor's prime opportunity nestled in the coveted historic North Gate area of College Station, offering unparalleled proximity to Texas A&M University. This unique offering presents two adjacent parcels of land, each comprising .3766 acres of potential. The first parcel, situated at 500 Boyett St., features a recently remodeled home with 3 bedrooms and 2 bathrooms. Currently under lease expires July 15 2025, it generates a monthly rental income of $1650. Meanwhile, the second parcel, located at 305 Cherry St., enjoys immediate access to TAMU BUS ROUTE 15. There have been several large residential redevelopments already occur in the area making this a prime location for housing or commercial ventures. Don't miss out on this exceptional opportunity; both parcels are being sold together to maximize investment potential. No need to schedule an appointment unless you wish to tour the house in person.

Investor Tools

Property Icon
$1,390,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,390,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,999 /month
Positive
Cash Flow Estimate:
$6,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,517/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,254
$689,000
2025
$689,000
N/A
$689,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,254
$689,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,390,000
100%
0%
$0/mo

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: College Station

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305 Cherry St | Property Details | No Agent List