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Two-Unit Duplex with Central Air
For Sale
$285,000
Pending

1417-1419 Hillside Drive, College Station, TX 77845

Features electric climate systems, washer and dryer equipment, and paved on-site parking.

Property Size1,938 SF
Days on Market96

Property Features for 1417-1419 Hillside Drive

General Information

Standard status Pending
Size 1,938 SF
Total Parking Spaces 4
Property subtype Residential Income

Amenities

Central Air, Electric
Central, Electric
Dishwasher, Refrigerator, Dryer, Washer
Chain Link
On Site, Paved

Building Details

Building Size 1,938 SF
Year Built 1976
Stories 1
Listed By: Jason Lyde · License #0451978
Source: Evrealestate
Added: Aug 1 Changed: Nov 3 Last Checked: Nov 4 at 12:26PM

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 Jason Lyde

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This duplex contains two residential units at 1417-1419 Hillside Drive in College Station. Interior features include central air, electric systems, and washer and dryer equipment. The property was built in 1976 and provides paved on-site parking. Its Hillside Drive address places the home within Brazos County.

Key Highlights

  • Duplex property with two residential units
  • Built in 1976
  • Central air with electric systems

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,834
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,680 $416.7K
Cap Rate 7%
$297,629 $297.6K
Cap Rate 9%
$231,489 $231.5K
Market Conditions
NOI Build-Up for 1,938 SF
Gross rent
$31.4K $16.20/SF
− Vacancy
−$1.6K −$0.84/SF
EGI
$29.8K $15.36/SF
− OpEx
−$8.9K −$4.61/SF
NOI
$20.8K $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%
$416,680
Cap Rate 7%
$297,629
Cap Rate 9%
$231,489

Alternative Uses

Best Use
Multifamily LT 5
$297.6K
$260.4K – $347.2K (±1% cap)
NOI $20,834 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$265.6K
$232.4K – $309.9K (±1% cap)
NOI $18,591 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$477.2K
$417.6K – $556.8K (±1% cap)
NOI $33,405 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby

Demographics for 77845, TX

70,108
Population
31,464
Households
2.2
Avg Household Size
30
Median Age
61%
College-Educated
96%
High-School Grad
142.5 sq mi
ZIP Area
492
Density / Sq Mi
$90,434
Median Household Income
$46,532
Median Earnings
$1,384
Median Rent
$349,900
Median Home Value

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 - Features electric climate systems, washer and dryer equipment, and paved on-site parking.
Where is this duplex located?
The property is located at 1417-1419 Hillside Drive College Station, TX.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Duplex property with two residential units; Built in 1976; Central air with electric systems
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Includes: Price & PSF · Cap rate · Location · Zoning

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