Fourplex Near Texas
For Sale
$610,000
1808 Woodsman Drive, College Station, TX 77840
MULTI_FAMILY - College Station, TX
Property Size4,784 SF
Lot Size0.22 Acres
Price / SF$127.51
Days on Market93
Property Features for 1808 Woodsman Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C08
Subdivision
Woodson Village
Elementary school district
College Station
Middle school district
College Station
High school district
College Station
Directions
From the corner of George Bush Drive W and Penberthy (Jones-Butler Road) head south. Continue past the intersection at Luther and turn right on Woodsman Drive (if you get to Holleman you've gone too far). The building will be on the right.
Standard status
Active
APN
1808 Woodsman C08
Size
4,784 SF
Lot size
0.22 Acres
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air, Ceiling Fan(s)
Building Details
Year built
1993
Floors in Building
2
Number of units
4
Flooring type
Laminate, Tile, Carpet, Vinyl
Roof type
Composition
Listing Agency:
Keller Williams Realty Brazos Valley office
(979) 693-9100
Listed By:
David Shellenberger · License #0581309
(979) 693-9100
Added: Apr 29
Changed: Jul 28
Last Checked: Jul 30 at 5:06PM
MLS# 26004687
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.
This income-producing fourplex is located within biking distance of Texas A&M University and directly on the TAMU bus route. Each of the four units features 3 bedrooms, 2 bathrooms, and just under 1,200 square feet of living space. The property has full brick construction on all four sides, providing durability and low maintenance, with ample parking available in both the front and rear. The property is 4,784 square feet in size and sits on a 0.2194-acre lot. The property is located in College Station, Texas. This fourplex delivers consistent rental demand and strong revenue potential. The zoning is C08.
Key Highlights
- Income‑producing fourplex with 4 units, each offering 3 bedrooms and 2 bathrooms
- Just under 1,200 sq ft of living space per unit
- Full brick construction on all four sides
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 | $77.5k | $16.20 |
| − Vacancy | −$4.0k | −$0.84 |
| EGI | $73.5k | $15.36 |
| − OpEx | −$22.0k | −$4.61 |
| NOI | $51.4k | $10.75 |
4,784 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$734.7K
$642.9K – $857.2K
NOI $51,430 @ 7.0% cap · market cap 8.43%
Second Best
Apartment 5plus
$655.6K
$573.7K – $764.9K
NOI $45,893 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,461 @ 7.0% cap · market cap 13.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Explore this area
Business Placement
Demographics for 77840, TX
55,180
Population
25,423
Households
2.2
Avg Household Size
25
Median Age
46%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
5,518
Density / Sq Mi
$31,278
Median Household Income
$14,521
Median Earnings
$1,085
Median Rent
$241,000
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?
Quadplex - Income-producing fourplex near Texas A&M University on TAMU bus route.
Where is this quadplex located?
The property is located at 1808 Woodsman Drive College Station, TX.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Income‑producing fourplex with 4 units, each offering 3 bedrooms and 2 bathrooms; Just under 1,200 sq ft of living space per unit; Full brick construction on all four sides
