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Duplex with Recent Roof Replacement
For Sale
$370,000

1203 April Bloom, College Station, TX 77840

Multi-Family, College Station, TX

Property Size2,282 SF
Lot Size0.22 Acres
Price / SF$162.14
Days on Market146

Property Features for 1203 April Bloom

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning C03
Parking 6
Subdivision University Park
Elementary school district College Station
Middle school district College Station
High school district College Station
Directions Hwy 6 to University Dr, right on spring loop, right on April bloom, duplex is on the right.
Standard status Active
APN 1203 April Bloom C03
Size 2,282 SF
Lot size 0.22 Acres

Utilities

Heating system Central, Electric (Heating)
Cooling system Electric, Central Air

Building Details

Year built 1981
Floors in Building 1
Number of units 2
Flooring type Carpet
Roof type Composition, Shingle
Listing Agency: BHHS Caliber Realty · Berkshire Hathaway HomeServices
Listed By: Ryan Derkowski
Added: May 27 Changed: Oct 17 Last Checked: Oct 19 at 3:06AM
MLS# 26005269

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.

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Investment Insights

Based on property information with market context.

This duplex contains 2,282 square feet across two residential units, with each unit configured as 3 bedrooms and 2 full bathrooms. Interior features include open living rooms, dining areas, kitchens, carpet flooring, and central electric heating and cooling. The shingle composition roof was replaced within the last year, and the property was built in 1981.

Located at 1203 April Bloom in College Station, the property sits on a 0.2203-acre lot and is positioned on the Texas A&M University bus route. The site is zoned C03 and carries a College Station, TX 77840 address in Brazos County.

Key Highlights

  • 2,282‑square‑foot duplex with two 3‑bedroom, 2‑bathroom units
  • Shingle composition roof replaced within the last year
  • Located on the Texas A&M University bus route

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,532
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,640 $490.6K
Cap Rate 7%
$350,457 $350.5K
Cap Rate 9%
$272,578 $272.6K
Market Conditions
NOI Build-Up for 2,282 SF
Gross rent
$37.0K $16.20/SF
− Vacancy
−$1.9K −$0.84/SF
EGI
$35.0K $15.36/SF
− OpEx
−$10.5K −$4.61/SF
NOI
$24.5K $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%
$490,640
Cap Rate 7%
$350,457
Cap Rate 9%
$272,578

Alternative Uses

Best Use
Multifamily LT 5
$350.5K
$306.7K – $408.9K (±1% cap)
NOI $24,532 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$312.7K
$273.6K – $364.9K (±1% cap)
NOI $21,891 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$561.9K
$491.7K – $655.6K (±1% cap)
NOI $39,334 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Building Supply (Bike/Boat/Book/etc) Store Garden Center Plumbing Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

810
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units offer open living areas, dining space, kitchens, and two full bathrooms per unit.
Where is this duplex located?
The property is located at 1203 April Bloom College Station, TX.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 2,282‑square‑foot duplex with two 3‑bedroom, 2‑bathroom units; Shingle composition roof replaced within the last year; Located on the Texas A&M University bus route
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