Brick Duplex Near Texas
1200-1202 Georgia Street, College Station, TX 77840
For Sale
$279,000
Brick duplex with access to the A&M Shuttle Bus Route and proximity to Texas A&M and Kyle Field.
Property Size1,682 SF
Price / SF$165.87
Days on Market104
Property Features for 1200-1202 Georgia Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
Carpet,Laminate,Tile
Yes
2
4
Washer Hookup,Dryer Hookup
Appraiser
Partial
6199
Two
Paved
1682
Building Details
Building Size
Year Built
Stories
Construction
Listing Agency:
Cortiers Real Estate
(979) 985-5610
Listed By:
Robert Murphy
(979) 229-5781
Source:
Garygreene
Added: Jul 29
Changed: Nov 8
Last Checked: Nov 8 at 4:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cortiers Real Estate
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Investment Insights
Based on property information with market context.
This two-unit residential income property contains 1,682 square feet and was built in 1976. The brick construction is complemented by carpet, laminate, and tile flooring, with washer and dryer hookups provided in the units.
The property is located at 1200-1202 Georgia Street in College Station, with Georgia Street served by the A&M Shuttle Bus Route. Texas A&M and Kyle Field are nearby, providing convenient access to the university campus and stadium. Two additional properties on the same street are also available.
The property is located at 1200-1202 Georgia Street in College Station, with Georgia Street served by the A&M Shuttle Bus Route. Texas A&M and Kyle Field are nearby, providing convenient access to the university campus and stadium. Two additional properties on the same street are also available.
Key Highlights
- Duplex with 1,682 square feet
- Built in 1976
- Brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,082
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,640
$361.6K
Cap Rate 7%
$258,314
$258.3K
Cap Rate 9%
$200,911
$200.9K
Market Conditions
NOI Build-Up for 1,682 SF
Gross rent
$27.2K $16.20/SF
− Vacancy
−$1.4K −$0.84/SF
EGI
$25.8K $15.36/SF
− OpEx
−$7.7K −$4.61/SF
NOI
$18.1K $10.75/SF
Area
College Station, 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 Rate 5%
$361,640
Cap Rate 7%
$258,314
Cap Rate 9%
$200,911
Alternative Uses
Best Use
Multifamily LT 5
$258.3K
$226.0K – $301.4K
NOI $18,082 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$230.5K
$201.7K – $268.9K
NOI $16,136 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$414.2K
$362.4K – $483.2K
NOI $28,992 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 77840, TX
55,180
Population
25,423
Households
2.2
Avg Household Size
25
Median Age
46%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
5,518
Density / Sq Mi
$31,278
Median Household Income
$14,521
Median Earnings
$1,085
Median Rent
$241,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in College Station, TX
Properties on Market for Duplexes in College Station
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex with access to the A&M Shuttle Bus Route and proximity to Texas A&M and Kyle Field.
Where is this duplex located?
The property is located at 1200-1202 Georgia Street College Station, TX.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Duplex with 1,682 square feet; Built in 1976; Brick construction
