Furnished Short-Term Rental
1508 Kernstown Lane, College Station, TX 77845
For Sale
New
$345,000
CommercialSale, College Station, TX
Property Size1,872 SF
Lot Size0.18 Acres
Price / SF$184.29
Days on Market2
Property Features for 1508 Kernstown Lane
General Information
Property type
Property subtype
Parking
Appliances
Middle school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Business Included
Taxes and HOA fees
Tax Description
Legal Description
Amenities
fireplace
tile flooring
granite countertops
stainless steel appliances
eating bar
covered patio
Nest thermostat
Nest doorbell
security system
Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
RE/MAX 2020 · RE/MAX International
(979) 383-2020
Listed By:
Lisa Jones · License TX #0338233
(979) 255-7010
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 8:06PM
MLS# 26013382
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.
Configured with four bedrooms and two bathrooms, this 1,872-square-foot home has tile floors throughout, a living room with a corner fireplace, and a dining area with bay windows. The kitchen features granite countertops, stainless steel appliances, an eating bar, and cabinet storage. A split-bedroom arrangement places the primary suite apart from three additional bedrooms, while an extended covered patio faces the backyard. The sale includes furniture, appliances, and linens; smart-home features include a Nest thermostat, Nest doorbell, and security system.
The property has operated as a short-term rental for six years and carries a 4.8-star guest rating. Scheduled Texas A&M gameday reservations extend beyond closing. Improvements include a roof replacement in 2022, a water heater installed in 2023, full HVAC replacement in 2025, and interior and exterior paint and blown-in attic insulation in 2026. Built in 1996, the home sits on a 0.1795-acre lot in College Station.
The property has operated as a short-term rental for six years and carries a 4.8-star guest rating. Scheduled Texas A&M gameday reservations extend beyond closing. Improvements include a roof replacement in 2022, a water heater installed in 2023, full HVAC replacement in 2025, and interior and exterior paint and blown-in attic insulation in 2026. Built in 1996, the home sits on a 0.1795-acre lot in College Station.
Key Highlights
- Four‑bedroom, two‑bath home with 1,872 square feet
- Six years of short‑term rental operating history and a 4.8‑star guest rating
- Scheduled Texas A&M gameday reservations after closing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,958
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,160
$359.2K
Cap Rate 7%
$256,543
$256.5K
Cap Rate 9%
$199,533
$199.5K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$34.4K $18.36/SF
− Vacancy
−$1.7K −$0.92/SF
EGI
$32.7K $17.44/SF
− OpEx
−$14.7K −$7.85/SF
NOI
$18.0K $9.59/SF
Area
College Station, TX
Vacancy
5.00%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,160
Cap Rate 7%
$256,543
Cap Rate 9%
$199,533
Alternative Uses
Best Use
Apartment 5plus
$256.5K
$224.5K – $299.3K
NOI $17,958 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$461.0K
$403.3K – $537.8K
NOI $32,267 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - The four-bedroom residence includes furnishings and scheduled Texas A&M gameday reservations.
Where is this short term rental property located?
The property is located at 1508 Kernstown Lane College Station, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Four‑bedroom, two‑bath home with 1,872 square feet; Six years of short‑term rental operating history and a 4.8‑star guest rating; Scheduled Texas A&M gameday reservations after closing
