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    Well-Maintained Duplex Investment Title is generated by Realmo AI

    1223 April Bloom, College Station, TX 77840

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    Claim this Listing
    For Sale
    $385,000

    MULTI_FAMILY - College Station, TX

    Property size:
    2,282 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $168/SF
    Added:
    May 4, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 20 at 11:06 am

    Property Features for 1223 April Bloom

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    C03
    Parking
    6
    Standard status
    Active
    APN
    1223 April Bloom C03
    Size
    2,282 SF
    Lot size
    0.16 Acres

    Utilities

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

    Building Details

    Year built
    1981
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet
    Roof type
    Composition, Shingle

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    Listing Contact
    Ryan Derkowski

    Listing agent Ryan Derkowski License #0611546

    Listing office BHHS Caliber Realty 700 University Dr. E Ste. 108, College Station, TX

    Listing date May 4, 2026

    MLS# 26005266 Listing URL

    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

    • Duplex built in 1981 with two units, each featuring 3 bedrooms and 2 full bathrooms
    • Units are leased until May & June of 2027
    • Central heating and central air conditioning with electric heating/electric cooling
    • Roof replacement completed within the last year; roof materials include composition/shingle
    • Texas A&M bus route location for convenient access to campus

    Overview

    This well-maintained duplex offers two separate, spacious units, each featuring three bedrooms and two full bathrooms. Both units include functional layouts with open living areas, generous dining space, and ample kitchen room, along with well-sized bedrooms suited to everyday comfort. The property has also benefited from a roof replacement within the last year, providing added peace of mind for long-term ownership.

    Located near Texas A&M University and positioned on the Texas A&M bus route, the property supports convenient access to campus. The address is 1223 April Bloom in College Station, Texas (77840), within Brazos County.

    For investors seeking income stability, the duplex is currently leased through May and June of 2027, creating a clear near-to-mid-term horizon for cash flow planning. The strong unit mix and durable improvements make it a practical option for buyers looking for a straightforward residential income property with demand support from its university access.

    Local Financial Insights For Multifamily LT 5

    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 $37.0k $16.20
    − Vacancy −$1.9k −$0.84
    EGI $35.0k $15.36
    − OpEx −$10.5k −$4.61
    NOI $24.5k $10.75
    2,282 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $350.5K
    $306.7K – $408.9K (±1% cap)
    NOI $24,532 @ 7.0% cap · market cap 6.37%
    Second Best
    Apartment 5plus
    $312.7K
    $273.6K – $364.9K (±1% cap)
    NOI $21,891 @ 7.0% cap · market cap 5.69%
    Theoretical Best
    Office A
    $561.9K
    $491.7K – $655.6K (±1% cap)
    NOI $39,334 @ 7.0% cap · market cap 10.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    College Station
    County
    Brazos
    State
    Texas
    Longitude
    -96.31926
    Latitude
    30.638445

    FAQs

    What type of property is this?
    Duplex - Two 3-bedroom, 2-bath units leased through 2027, with a recent roof replacement for added investor confidence.
    Where is this duplex located?
    The property is located at 1223 April Bloom College Station, TX.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: Duplex built in 1981 with two units, each featuring 3 bedrooms and 2 full bathrooms; Units are leased until May & June of 2027; Central heating and central air conditioning with electric heating/electric cooling
    More about this property
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