5-Unit Townhome
2019 2021 2023 2025 2027 Harvey Mitchell Parkway S, College Station, TX 77840
For Sale
$1,743,000
ResidentialIncome, College Station, TX
Property Size9,064 SF
Lot Size0.10 Acres
Price / SF$192.30
Days on Market113
Property Features for 2019 2021 2023 2025 2027 Harvey Mitchell Parkway S
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Interior features
Appliances
Subdivision
Middle school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Texas Prime Real Estate
(979) 695-3300
Listed By:
Kathy Scott · License TX #0589435
(979) 777-9067
Added: Jul 23
Changed: Nov 11
Last Checked: Nov 12 at 7:06PM
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.
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Investment Insights
Based on property information with market context.
This five-townhome property totals 9,064 square feet on a 0.0984-acre site. The unit mix includes three residences with 3 bedrooms and 3.5 bathrooms each, plus two with 4 bedrooms and 4.5 bathrooms each. Several units have leases extending through 2027. Interiors feature open layouts, granite counters, stainless steel appliances, soft-close cabinets, and individual bedroom thermostats. Each bedroom has a private bathroom and walk-in closet; utility rooms with front-load washers and dryers, storage, and private garages are also included.
The property is on Harvey Mitchell Parkway S in College Station, with access to a nearby bus route, Texas A&M University, shopping, dining, and entertainment. A Matterport 3D tour is available.
The property is on Harvey Mitchell Parkway S in College Station, with access to a nearby bus route, Texas A&M University, shopping, dining, and entertainment. A Matterport 3D tour is available.
Key Highlights
- Five individually owned townhomes totaling 9,064 square feet
- Unit mix: three 3‑bedroom, 3.5‑bath homes and two 4‑bedroom, 4.5‑bath homes
- Several units are leased through 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,952
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,739,040
$1.7M
Cap Rate 7%
$1,242,171
$1.2M
Cap Rate 9%
$966,133
$966.1K
Market Conditions
NOI Build-Up for 9,064 SF
Gross rent
$166.4K $18.36/SF
− Vacancy
−$8.3K −$0.92/SF
EGI
$158.1K $17.44/SF
− OpEx
−$71.1K −$7.85/SF
NOI
$87.0K $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%
$1,739,040
Cap Rate 7%
$1,242,171
Cap Rate 9%
$966,133
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 authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
5
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
464
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
$241,000
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in College Station, TX
Properties on Market for Multifamily properties in College Station
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Private garages, in-unit laundry, and en-suite bathrooms are included across the townhomes.
Where is this multifamily property 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 totaling 9,064 square feet; Unit mix: three 3‑bedroom, 3.5‑bath homes and two 4‑bedroom, 4.5‑bath homes; Several units are leased through 2027
