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$3,935,000

611 S Ennis Street, Bryan, TX, 77803

On MarketInfo
Baths35,678 Sq Ft
ApartmentApartment
price_per_sqft$110.29 / sqft
Year BuiltBuilt in 1969

Highlights

Interior

Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator, Dryer, Water Heater, Washer
FlooringLaminate

Exterior

Lot Size1.40 acres

Building Information

Year Built1969
Stories1
Garage Spaces25

Land Information

APN501000-0021-0020
Lot Number2
SubdivisionPhillips
Land UseResidential
Legal DescriptionPHILLIPS, BLOCK 21, LOT 2, & ASSOCIATED BPP & ASSOCIATED BPP
Census Tract000700
Assessed Land Value$183,051
Assessed Improvement Value$2,461,949
Assessment Year2025

About this property

Welcome to Sonoma Terrace Apartments located in the heart of the Bryan Historic District, only blocks from the Downtown Bryan corridor. Property contains 36 units with excellent historical occupancy. This Garden style apartment complex boasts desirable floorpans, recent interior/exterior updates, and mixed floorplan units (32-2 bd/1.5 ba, 2-3bd/2 ba, 1-1bd/1ba). Each apartment has laminate wood in central areas, central HVAC, and private in-apartment laundry closets with washer/dryer. Some units have original brick interior accent walls. The central garden area hosts wonderful mature oak trees and landscaping, plus provides a tranquil common area for residents. Parking (approximately 2 spaces per apartment) is partially covered and partially uncovered (allocated on a first-come-first-serve basis). Two on-site maintenance storage rooms. First floor units have courtyard access. Do not miss an opportunity to pick up this stable and performing multi-family asset. Previous 12 month gross operating income was $430,531.

Investor Tools

Property Icon
$2,645,000
Estimated Property Value
$0Estimated Mortgage Balance
$575,814Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,610 /month
Positive
Cash Flow Estimate:
$7,870 /month

Interested in this property?

Chad Hovde

RE/MAX 2020

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,053/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$47,408
$2,645,000
2025
$183,051
$2,461,949
$2,645,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$47,408
$2,645,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Huntsville
Unknown
$2,116,000
No
First
Feb 28, 2025
Feb 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,069,186
$575,814
21%
78%
$12,687/mo

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.

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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: Bryan

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