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$2,200,000

4305-4309 College Main Street, Bryan, TX, 77801

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths6,400 Sq Ft
ApartmentApartment
price_per_sqft$343.75 / sqft
Year BuiltBuilt in 1971

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Refrigerator, Water Heater
FlooringVinyl

Exterior

Lot Size7,810 sqft

Building Information

Year Built1971
Stories1

Land Information

APN325000-0003-0010
Lot Number1,12,LO
SubdivisionHighland Park Ph 1
Land UseResidential
Legal DescriptionHIGHLAND PARK PH 1, BLOCK 3, LOT 1 & 12' OF 2, & ASSOCIATED BPP & ASSOCIATED BPP
Census Tract001002
Assessed Land Value$194,363
Assessed Improvement Value$305,637
Assessment Year2025

About this property

This hard to come by multifamily investment property is well positioned in the much-desired Northgate district! Located approximately one mile north of the Texas A&M main campus, this asset consists of two identical, efficient one-story structures separated by a tidy, treed courtyard. All units have been recently updated inside and an on-site laundry facility with industrial washer/dryers will be ready for tenant use June 2026! All 16 units are currently leased. Four units are not renewing with lease expiration on 7/25/2026 and currently listed on the market.

Investor Tools

$177,273Estimated Mortgage Balance
$322,727Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,200 /month
Positive
Cash Flow Estimate:
$4,400 /month

Interested in this property?

Maurey Bell

Bell Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,437
$500,000
2025
$194,363
$305,637
$500,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,437
$500,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lasalle Bank Na
Commercial
$324,375
No
First
Oct 21, 2005
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,273
$322,727
64%
35%
$2,139/mo

City: Bryan