Updated Ranch-Style
For Sale
$345,000
2287 N Earl Rudder Freeway, Bryan, TX 77803
Two-unit property with refreshed systems, private outdoor space, and convenient access to nearby shopping, dining, and services.
Property Size1,792 SF
Price / SF$192.52
Days on Market139
Property Features for 2287 N Earl Rudder Freeway
General Information
Standard status
Active
Size
1,792 SF
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$5,337
Amenities
Yes
2
Appraiser
9622
More than Two
Paved
1792
Building Details
Building Size
1,792 SF
Year Built
2000
Stories
1
Listing Agency:
Grand Terra Realty
(281) 367-3531
Listed By:
Hope Vallery
(936) 900-9159
Source:
Garygreene
Added: Apr 22
Changed: Sep 6
Last Checked: Sep 7 at 5:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grand Terra Realty
Investment Insights
Based on property information with market context.
This ranch-style duplex contains 2 units and 1,792 square feet of living space, with each residence configured as a 2-bedroom, 2-bath home. Built in 2000, the property has received several recent improvements, including a composition shingle roof installed in 2025, new AC units, new water heaters, and ductwork cleaning. Each unit includes a washer, dryer, and refrigerator. Additional features include a front porch, storage shed, fenced backyard, mature trees, and recent landscaping.
The property at 2287 N Earl Rudder Fwy in Bryan is positioned just off the Earl Rudder Fwy feeder road, with access to shopping, restaurants, and other nearby amenities. Parking accommodates 4-6 vehicles, with straightforward ingress and egress. Texas A&M University and Kyle Field are approximately 10 mi away.
The property at 2287 N Earl Rudder Fwy in Bryan is positioned just off the Earl Rudder Fwy feeder road, with access to shopping, restaurants, and other nearby amenities. Parking accommodates 4-6 vehicles, with straightforward ingress and egress. Texas A&M University and Kyle Field are approximately 10 mi away.
Key Highlights
- 2‑unit duplex with 1,792 sq ft of living space
- Each unit includes 2 bedrooms and 2 baths
- New composition shingle roof installed in 2025
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
$19,265
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
5.58%
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%
$385,300
$385.3K
Cap Rate 7%
$275,214
$275.2K
Cap Rate 9%
$214,056
$214.1K
Market Conditions
NOI Build-Up for 1,792 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
$29.0K $16.20/SF
− Vacancy
−$1.5K −$0.84/SF
EGI
$27.5K $15.36/SF
− OpEx
−$8.3K −$4.61/SF
NOI
$19.3K $10.75/SF
Area
Brazos County, 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%
$385,300
Cap Rate 7%
$275,214
Cap Rate 9%
$214,056
Alternative Uses
Best Use
Multifamily LT 5
$275.2K
$240.8K – $321.1K
NOI $19,265 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$245.6K
$214.9K – $286.5K
NOI $17,191 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$441.3K
$386.1K – $514.8K
NOI $30,888 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 77803, TX
30,533
Population
10,586
Households
2.9
Avg Household Size
32
Median Age
11%
College-Educated
72%
High-School Grad
13.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$50,953
Median Household Income
$28,651
Median Earnings
$1,106
Median Rent
$141,000
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?
Duplex - Two-unit property with refreshed systems, private outdoor space, and convenient access to nearby shopping, dining, and services.
Where is this duplex located?
The property is located at 2287 N Earl Rudder Freeway Bryan, 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: 2‑unit duplex with 1,792 sq ft of living space; Each unit includes 2 bedrooms and 2 baths; New composition shingle roof installed in 2025
