Five-Townhome Multifamily
2019 2021 2023 2025 2027 Harvey Mitchell Parkway S College Station, TX 77840
New
For Sale
$1,743,000
MULTI_FAMILY - College Station, TX
Property Size9,064 SF
Lot Size0.10 Acres
Price / SF$192.30
Days on Market1
Property Features for 2019 2021 2023 2025 2027 Harvey Mitchell Parkway S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C09
- Patio and Porch features
- Patio
- Exterior features
- Patio
- Standard status
- Active
- APN
- 2019,2021,2023,2025,2027 Harvey Mitchell C09
- Size
- 9,064 SF
- Lot size
- 0.10 Acres
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
Building Details
- Year built
- 2018
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Vinyl, Tile, Carpet
- Roof type
- Composition
Listing Agency:
Texas Prime Real Estate
(979) 695-3300
Listed By:
Kathy Scott · License #0589435
(979) 777-9067
Added: Jul 23
Last Checked: Jul 23 at 8:06PM
MLS# 26009475
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 for-sale multifamily property features five individually owned townhomes. The mix includes three 3-bedroom, 3.5-bath units and two 4-bedroom, 4.5-bath units. Interiors are designed with open-concept layouts and modern finishes, including granite countertops, stainless steel appliances, and soft-close cabinetry. Each bedroom includes a private en-suite bathroom, walk-in closet, and an individual thermostat. Downstairs, each townhome offers a utility room with front-load washers and dryers, along with ample storage and a private garage.
The townhomes are situated along Harvey Mitchell Parkway in College Station, providing quick access to Texas A&M University as well as shopping, dining, entertainment, and a nearby bus route. Several units are currently leased through 2027. Zoned C09, the property totals 9,064 square feet on 0.0984 acres, and a Matterport 3D immersive tour is available upon request.
The townhomes are situated along Harvey Mitchell Parkway in College Station, providing quick access to Texas A&M University as well as shopping, dining, entertainment, and a nearby bus route. Several units are currently leased through 2027. Zoned C09, the property totals 9,064 square feet on 0.0984 acres, and a Matterport 3D immersive tour is available upon request.
Key Highlights
- Five individually owned townhomes (3 x 3‑bedroom, 3.5‑bath and 2 x 4‑bedroom, 4.5‑bath)
- Several units are currently leased through 2027
- Year built: 2018
Financial Insights For Apartment 5plus
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 | $166.4k | $18.36 |
| − Vacancy | −$8.3k | −$0.92 |
| EGI | $158.1k | $17.44 |
| − OpEx | −$71.1k | −$7.85 |
| NOI | $87.0k | $9.59 |
9,064 SF · lease $18.36/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.24M
$1.09M – $1.45M
NOI $86,952 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $156,234 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Five individually owned townhomes along Harvey Mitchell Parkway, with several units leased through 2027.
Where is this apartment building located?
The property is located at 2019 2021 2023 2025 2027 Harvey Mitchell Parkway S College Station, TX.
What is the asking price?
The asking price for this property is $1,743,000.
What are key features of this property?
This property features: Five individually owned townhomes (3 x 3‑bedroom, 3.5‑bath and 2 x 4‑bedroom, 4.5‑bath); Several units are currently leased through 2027; Year built: 2018
