Duplex with Privacy-Fenced
For Sale
$249,000
208-210 Bucknell Court, College Station, TX 77840
MULTI_FAMILY - College Station, TX
Property Size1,519 SF
Lot Size0.18 Acres
Price / SF$163.92
Days on Market49
Property Features for 208-210 Bucknell Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
C05
Patio and Porch features
Patio
Exterior features
Patio
Fencing
Privacy
Subdivision
Brentwood
Elementary school district
College Station
Middle school district
College Station
High school district
College Station
Directions
From Hwy 6, Take Southwest Pkwy and travel East, Right on Cornell, Left on Bucknell Ct
Standard status
Active
APN
208-210 Bucknell C05
Size
1,519 SF
Lot size
0.18 Acres
Utilities
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Central Air, Electric
Building Details
Year built
1976
Floors in Building
1
Number of units
2
Flooring type
Laminate
Roof type
Composition
Listing Agency:
Longitude Real Estate
(979) 431-5005
Listed By:
Gordon Pate · License #0321188
(979) 777-4081
Added: Jun 22
Changed: Aug 3
Last Checked: Aug 9 at 10:06PM
MLS# 26007383
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 duplex at 208-210 Bucknell Court (zoned C05) includes two units with laminate flooring, central electric heating and central air cooling, and ceiling fans. Built in 1976, the property has composition roofing and includes patio space. Both units have recently received fresh interior paint, and the backyards are privacy-fenced.
The duplex sits on a quiet cul-de-sac and is described as being about two blocks from the Texas A&M bus route. Exterior updates also include a newer roof, and 2025 HVAC is noted for unit 208.
The property is listed as requiring significant TLC and updating, presenting an opportunity for buyers or investors to renovate and re-position the duplex based on the existing improvements.
The duplex sits on a quiet cul-de-sac and is described as being about two blocks from the Texas A&M bus route. Exterior updates also include a newer roof, and 2025 HVAC is noted for unit 208.
The property is listed as requiring significant TLC and updating, presenting an opportunity for buyers or investors to renovate and re-position the duplex based on the existing improvements.
Key Highlights
- 0.1769‑acre lot for 208‑210 Bucknell Court
- 2 blocks from the Texas A&M bus route, on a quiet cul‑de‑sac
- Both units have fresh interior paint and privacy‑fenced backyards
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,330
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$326,600
$326.6K
Cap Rate 7%
$233,286
$233.3K
Cap Rate 9%
$181,444
$181.4K
Market Conditions
NOI Build-Up for 1,519 SF
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.
Gross rent
$24.6K $16.20/SF
− Vacancy
−$1.3K −$0.84/SF
EGI
$23.3K $15.36/SF
− OpEx
−$7.0K −$4.61/SF
NOI
$16.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$326,600
Cap Rate 7%
$233,286
Cap Rate 9%
$181,444
Alternative Uses
Best Use
Multifamily LT 5
$233.3K
$204.1K – $272.2K
NOI $16,330 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$208.2K
$182.2K – $242.9K
NOI $14,572 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$374.0K
$327.3K – $436.4K
NOI $26,183 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
724
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with patio space, privacy-fenced backyards, and recent interior paint, zoned C05 in College Station.
Where is this duplex located?
The property is located at 208-210 Bucknell Court College Station, TX.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 0.1769‑acre lot for 208‑210 Bucknell Court; 2 blocks from the Texas A&M bus route, on a quiet cul‑de‑sac; Both units have fresh interior paint and privacy‑fenced backyards
