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    Bryan Portfolio of Single-Family Homes Title is generated by Realmo AI

    Truman Street, Bryan, TX 77801

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    Claim this Listing
    For Sale
    $2,300,000

    COMMERCIAL - Bryan, TX

    Property size:
    18,365 SF
    Lot size:
    2.82 Acres
    Price / SF:
    $125/SF
    Added:
    Jul 2, 2025
    Days on Market:
    336
    Last Refresh:
    Jun 2 at 9:06 am

    Property Features for Truman Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B08
    Standard status
    Active
    APN
    TBD Truman B08
    Size
    18,365 SF
    Lot size
    2.82 Acres

    Building Details

    Year built
    1956

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    Listing Contact
    Kevin Carnes
    Kevin Carnes

    Listing agent Kevin Carnes License #0545598

    Listing office Beyond Real Estate 4438 Texas 6 Frontage Rd, College Station, TX

    Listing date Jul 2, 2025

    MLS# 25007530

    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.

    HighLights

    • Portfolio of 12 single‑family homes on the same street.
    • Located just 0.25 miles from the future Bryan Midtown Park.
    • Minutes from Downtown Bryan and Texas A&M University.
    • Strong potential for rental income, redevelopment, or appreciation.
    • Homes average +/-1,500 SF on +/-0.24‑acre lots.
    • All homes have independent infrastructure and are separately metered.

    Overview

    This portfolio features 12 single-family homes located on the same street in a rapidly appreciating area of Bryan, Texas. The properties are situated approximately 0.25 miles from the upcoming Bryan Midtown Park and are also near Downtown Bryan and Texas A&M University. Each home is on an average lot size of approximately 0.24 acres. The average size of each home is approximately 1,500 square feet. Built around 1957, the properties share similar styles and construction. Approximately half of the homes feature a 3-bedroom, 2-bathroom layout, while the remaining homes offer a mix of configurations. The total property size is 18,365 square feet, situated on 2.82 acres. All homes have fully independent infrastructure and are separately metered. The surrounding Midtown District is undergoing major transformation and revitalization.

    Local 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 $337.2k $18.36
    − Vacancy −$16.9k −$0.92
    EGI $320.3k $17.44
    − OpEx −$144.1k −$7.85
    NOI $176.2k $9.59
    18,365 SF · lease $18.36/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.52M
    $2.20M – $2.94M (±1% cap)
    NOI $176,177 @ 7.0% cap · market cap 7.66%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $4.52M
    $3.96M – $5.28M (±1% cap)
    NOI $316,554 @ 7.0% cap · market cap 13.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Bryan
    County
    Brazos
    State
    Texas
    Longitude
    -95.4029902
    Latitude
    29.828787

    FAQs

    What type of property is this?
    Single family property - Portfolio of 12 homes near Bryan Midtown Park.
    Where is this single family property located?
    The property is located at Truman Street Bryan, TX.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Portfolio of 12 single‑family homes on the same street.; Located just 0.25 miles from the future Bryan Midtown Park.; Minutes from Downtown Bryan and Texas A&M University.
    More about this property
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