Updated Duplex With Two
For Sale
$239,900
1319 Antone Street, Bryan, TX 77803
Two one-bedroom residences feature remodeled interiors and upgraded building systems.
Property Size1,288 SF
Price / SF$186.26
Days on Market173
Property Features for 1319 Antone Street
General Information
Standard status
Active
Size
1,288 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$25,440
Taxes and HOA fees
Annual Taxes
$3,269
Amenities
Yes
1
Appraiser
7388
1288
Building Details
Building Size
1,288 SF
Year Built
1947
Stories
1
Listing Agency:
1st Texas Realty Services
(713) 899-6852
Listed By:
Flo Edelman
(713) 899-6852
Source:
Garygreene
Added: Feb 15
Changed: Aug 5
Last Checked: Aug 7 at 1:04AM
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 1st Texas Realty Services
Investment Insights
Based on property information with market context.
This duplex contains 1,288 square feet with two one-bedroom, one-bath units. Built in 1947, the property has received substantial improvements, including a replacement roof dated 12/01/2023, new HVAC systems serving both units, and a water heater replacement on one side dated 12/01/2023. Additional updates include new appliances, a dishwasher, a disposal, and luxury vinyl plank flooring. One unit has a fully remodeled interior and is furnished for short-term rental use, while the other includes updated flooring.
The property is located at 1319 Antone Street in Bryan, Texas, within 1 mile of Sue Haswell Park and minutes from Historic Downtown Bryan. The two-unit configuration provides separate residences within a compact multifamily property and supports both conventional and furnished rental arrangements described in the listing information.
The property is located at 1319 Antone Street in Bryan, Texas, within 1 mile of Sue Haswell Park and minutes from Historic Downtown Bryan. The two-unit configuration provides separate residences within a compact multifamily property and supports both conventional and furnished rental arrangements described in the listing information.
Key Highlights
- Two‑unit duplex with 1,288 square feet
- Each unit offers 1 bedroom and 1 bathroom
- Replacement roof dated 12/01/2023
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,846
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$276,920
$276.9K
Cap Rate 7%
$197,800
$197.8K
Cap Rate 9%
$153,844
$153.8K
Market Conditions
NOI Build-Up for 1,288 SF
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.
Gross rent
$20.9K $16.20/SF
− Vacancy
−$1.1K −$0.84/SF
EGI
$19.8K $15.36/SF
− OpEx
−$5.9K −$4.61/SF
NOI
$13.8K $10.75/SF
Area
Brazos County, 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$276,920
Cap Rate 7%
$197,800
Cap Rate 9%
$153,844
Alternative Uses
Best Use
Multifamily LT 5
$197.8K
$173.1K – $230.8K
NOI $13,846 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$176.5K
$154.5K – $205.9K
NOI $12,356 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$317.2K
$277.5K – $370.0K
NOI $22,201 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
Explore this area
Business Placement
Demographics for 77803, TX
30,533
Population
10,586
Households
2.9
Avg Household Size
32
Median Age
11%
College-Educated
72%
High-School Grad
13.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$50,953
Median Household Income
$28,651
Median Earnings
$1,106
Median Rent
$141,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences feature remodeled interiors and upgraded building systems.
Where is this duplex located?
The property is located at 1319 Antone Street Bryan, TX.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,288 square feet; Each unit offers 1 bedroom and 1 bathroom; Replacement roof dated 12/01/2023
