Turnkey Duplex with Updated
For Sale
$234,900
1319 Antone Street, Bryan, TX 77803
MULTI_FAMILY - Bryan, TX
Property Size1,288 SF
Lot Size0.17 Acres
Price / SF$182.38
Days on Market175
Property Features for 1319 Antone Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
B12
Subdivision
Thompson
Elementary school district
Bryan
Middle school district
Bryan
High school district
Bryan
Directions
From Hwy 6, exit Wm J Bryan and head west, left on Coulter, right on Antone, property will be located on the left.
Standard status
Active
APN
1319 Antone B12
Size
1,288 SF
Lot size
0.17 Acres
Utilities
Heating system
Natural Gas, Central
Cooling system
Electric, Ceiling Fan(s), Central Air
Building Details
Year built
1947
Floors in Building
1
Number of units
1
Flooring type
Vinyl, Tile
Roof type
Composition, Shingle
Listing Agency:
RE/MAX PLATINUM · RE/MAX International
(979) 213-3204
Listed By:
Michael Furman · License #0638128
(979) 213-3204
Added: Feb 15
Changed: Aug 8
Last Checked: Aug 9 at 11:06PM
MLS# 26001942
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.
Investment Insights
Based on property information with market context.
Turnkey duplex at 1319 Antone Street, built in 1947, offering two one-bedroom, one-bath units. The home is set up for flexible occupancy, with one unit leased and the other presented as a fully furnished short-term rental with a complete remodel. Flooring includes vinyl and tile, and the property is supported by natural gas heating with central systems.
Recent improvements include a new roof (12/01/2023), new HVAC systems on both sides, and a new water heater on one side (12/01/2023). Additional updates include new appliances and finishes such as luxury vinyl plank flooring, along with dishwasher and disposal.
The property sits on a 0.1696-acre lot and totals 1,288 square feet. It is located within 1 mile of Sue Haswell Park and minutes from Historic Downtown Bryan, providing convenient access to local amenities while supporting day-to-day tenant needs.
Recent improvements include a new roof (12/01/2023), new HVAC systems on both sides, and a new water heater on one side (12/01/2023). Additional updates include new appliances and finishes such as luxury vinyl plank flooring, along with dishwasher and disposal.
The property sits on a 0.1696-acre lot and totals 1,288 square feet. It is located within 1 mile of Sue Haswell Park and minutes from Historic Downtown Bryan, providing convenient access to local amenities while supporting day-to-day tenant needs.
Key Highlights
- 0.1696‑acre duplex lot with 1,288 SF total building area
- Zoned B12
- New roof installed 12/01/2023; shingle/composition roofing
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
5.89%
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 5.89%
Second Best
Apartment 5plus
$176.5K
$154.5K – $205.9K
NOI $12,356 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$317.2K
$277.5K – $370.0K
NOI $22,201 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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 - Turnkey duplex in Bryan zoned B12, featuring new roof and HVAC plus updated unit interiors.
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 $234,900.
What are key features of this property?
This property features: 0.1696‑acre duplex lot with 1,288 SF total building area; Zoned B12; New roof installed 12/01/2023; shingle/composition roofing
