Duplex with Private Fenced
For Sale
$275,000
2361/2363 N Earl Rudder, Bryan, TX 77803
MULTI_FAMILY - Bryan, TX
Property Size1,950 SF
Lot Size0.18 Acres
Price / SF$141.03
Days on Market159
Property Features for 2361/2363 N Earl Rudder
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
B15
Parking
6
Subdivision
Northwood
Elementary school district
Bryan
Middle school district
Bryan
High school district
Bryan
Directions
Take HWY 6 North to Woodville Road, exit to the RIGHT and cross over the highway to your LEFT. Turn RIGHT on Laura Lane and continue to HWY 6 South frontage road. Take a RIGHT and the duplex will be the 5th on your RIGHT
Standard status
Active
APN
2361/2363 Earl Rudder B15
Size
1,950 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air, Ceiling Fan(s)
Building Details
Year built
1981
Floors in Building
1
Number of units
2
Flooring type
Tile
Roof type
Shingle
Listing Agency:
RE/MAX 2020 · RE/MAX International
(979) 383-2020
Listed By:
Jason Tilby
(979) 383-2020
Added: Mar 4
Changed: Aug 3
Last Checked: Aug 10 at 3:06AM
MLS# 26002765
Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two units in a residential income setup, built in 1981. Each unit is a 2-bedroom, 1.5-bath layout and includes its own private fenced backyard. Flooring includes tile, and the property has central electric heating and cooling, with ceiling fans and central air. The property is fully leased, with one unit on a month-to-month lease and the other leased through December 2026. One side has been recently and fully remodeled, while the second unit offers an opportunity to improve and reposition the property.
Zoned B15, the duplex sits on a 0.1791-acre lot in Bryan (Brazos County). The location is described as providing quick access to major thoroughfares plus nearby shopping, dining, and employment centers.
Roofing is shingle. The combination of in-place occupancy, a renovated unit, and defined lease structure makes this duplex suitable for investors or an owner-occupant plan where flexibility is important.
Zoned B15, the duplex sits on a 0.1791-acre lot in Bryan (Brazos County). The location is described as providing quick access to major thoroughfares plus nearby shopping, dining, and employment centers.
Roofing is shingle. The combination of in-place occupancy, a renovated unit, and defined lease structure makes this duplex suitable for investors or an owner-occupant plan where flexibility is important.
Key Highlights
- Fully leased duplex with flexible lease terms: one month‑to‑month unit and one unit leased through December 2026
- One unit recently and fully remodeled; second unit offers a value‑add update opportunity
- Two units total, each with 2 bedrooms and 1.5 baths
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,963
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$419,260
$419.3K
Cap Rate 7%
$299,471
$299.5K
Cap Rate 9%
$232,922
$232.9K
Market Conditions
NOI Build-Up for 1,950 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$31.6K $16.20/SF
− Vacancy
−$1.6K −$0.84/SF
EGI
$29.9K $15.36/SF
− OpEx
−$9.0K −$4.61/SF
NOI
$21.0K $10.75/SF
Area
Brazos County, TX
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$419,260
Cap Rate 7%
$299,471
Cap Rate 9%
$232,922
Alternative Uses
Best Use
Multifamily LT 5
$299.5K
$262.0K – $349.4K
NOI $20,963 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$267.2K
$233.8K – $311.8K
NOI $18,707 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$480.2K
$420.2K – $560.2K
NOI $33,612 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Explore this area
Business Placement
Demographics for 77803, TX
30,533
Population
10,586
Households
2.9
Avg Household Size
32
Median Age
11%
College-Educated
72%
High-School Grad
13.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$50,953
Median Household Income
$28,651
Median Earnings
$1,106
Median Rent
$141,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a 0.1791-acre lot with private fenced backyards, central electric HVAC, and flexible lease terms.
Where is this duplex located?
The property is located at 2361/2363 N Earl Rudder Bryan, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Fully leased duplex with flexible lease terms: one month‑to‑month unit and one unit leased through December 2026; One unit recently and fully remodeled; second unit offers a value‑add update opportunity; Two units total, each with 2 bedrooms and 1.5 baths
