Bryan, TX Fourplex Investment
2815 Cypress Bend Circle Bryan, TX 77801
For Sale
$337,500
MULTI_FAMILY - Bryan, TX
Property Size3,156 SF
Lot Size0.26 Acres
Price / SF$106.94
Days on Market315
Property Features for 2815 Cypress Bend Circle
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
B09
Standard status
Active
APN
2815 Cypress Bend B09
Size
3,156 SF
Lot size
0.26 Acres
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
1979
Floors in Building
1
Number of units
4
Flooring type
Tile, Vinyl, Carpet
Roof type
Shingle, Composition
Listing Agency:
Walsh &Mangan Premier RE Group
(979) 690-9977
Listed By:
Allison Bauerschlag · License #0677022
(979) 690-9977
Added: Sep 16, 2025
Changed: Jul 11
Last Checked: Jul 27 at 6:06PM
MLS# 25009917
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 fourplex in Bryan, TX, presents an investment opportunity with rental potential. One of the four units is currently vacant and has been updated and prepared for lease. Each unit includes washer and dryer connections. The property is located blocks from the neighborhood park and schools, with convenient access to Harvey Mitchell Parkway and Villa Maria. The lot size is 0.261 acres. The owner is responsible for lawn maintenance. The property's size is 3156 square feet. The zoning is B09.
Key Highlights
- Fourplex with one unit currently vacant; that unit has been made ready/updated and is listed for lease
- Washer/dryer connections available in‑unit
- Heating includes central and electric heating
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.9k | $18.36 |
| − Vacancy | −$2.9k | −$0.92 |
| EGI | $55.0k | $17.44 |
| − OpEx | −$24.8k | −$7.85 |
| NOI | $30.3k | $9.59 |
3,156 SF · lease $18.36/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$484.7K
$424.1K – $565.5K
NOI $33,928 @ 7.0% cap · market cap 10.05%
Second Best
Apartment 5plus
$432.5K
$378.5K – $504.6K
NOI $30,276 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$777.1K
$680.0K – $906.7K
NOI $54,399 @ 7.0% cap · market cap 16.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex with rental potential near park, schools, and parkway.
Where is this quadplex located?
The property is located at 2815 Cypress Bend Circle Bryan, TX.
What is the asking price?
The asking price for this property is $337,500.
What are key features of this property?
This property features: Fourplex with one unit currently vacant; that unit has been made ready/updated and is listed for lease; Washer/dryer connections available in‑unit; Heating includes central and electric heating