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$389,900

513 Gilchrist Avenue, College Station, TX, 77840

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,531 Sq Ft
price_per_sqft$254.67 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesGas Water Heater, Water Heater
FlooringWood

Exterior

Lot Size11,700 sqft

Building Information

Year Built1958
Stories1
Garage Spaces1

Land Information

APN194000-0150-0050
Lot Number5
SubdivisionCollege Hills Estates Ph 3
Land UseResidential
Legal DescriptionCOLLEGE HILLS ESTATES PH 3, BLOCK 15, LOT 5
Census Tract001303
Assessed Land Value$207,558
Assessed Improvement Value$39,182
Assessment Year2025

About this property

Welcome to this warm and inviting 3-bedroom, 2-bathroom home just minutes from Texas A&M University — an ideal find for families, faculty, or savvy investors seeking an Airbnb opportunity. Spanning 1,531 square feet, this property displays classic charm. Boasting a new roof 2024, and full interior and exterior repaint that has the home looking its absolute best. Step inside and immediately notice the character-rich hardwood floors that flow throughout — a timeless feature that sets this home apart. The thoughtful layout includes a convenient inside laundry room, keeping everything organized and efficient. Outside, you'll love the generously sized backyard — ideal for entertaining, gardening, or simply enjoying the outdoors — framed beautifully by mature trees both front and back that provide natural shade and undeniable curb appeal. Whether you're looking for your next home or a high-demand short-term rental near campus, this property checks every box. Don't miss your chance to own a piece of Aggieland!

Investor Tools

$271,387Estimated Mortgage Balance
$71,613Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,339 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

John Byers

TowerPoint Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
$24/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,219
$246,740
2025
$207,558
$39,182
$246,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,219
$246,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Commercial
$275,000
No
First
Sep 5, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,387
$71,613
20%
79%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$1,673/mo
$-193/mo
5.2%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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513 Gilchrist Avenue | Property Details | No Agent List