
$1,295,443
NAL Estimated Property Value5585 Straub Road, College Station, TX, 77845
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About this property
This multi-family Investment opportunity sits on over 6 acres and offers strong, consistent income of nearly $12,000 monthly. With six duplexes (12 total units) originally constructed in 2012 as Army barracks, half have been remodeled to create more traditional and functional floor plans. Each unit offers a two-bedroom, one-bath layout, set in a quiet country setting in South College Station. Each duplex comes equipped with a full-size washer and dryer and off-street parking. Residents enjoy a tree-filled property. Recent maintenance and upgrades on nearly half of the units include items like air conditioning systems and water heaters. The property is on a septic system, helping to reduce utility costs, and the expansive lot offers potential for future development or expansion. Solid tenant base, immediate cash flow, and significant renovations already completed, this property presents an exceptional opportunity for investors seeking long-term stability in a thriving rental market.
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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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