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Bryan, TX Fourplex Investment Opportunity

2815 Cypress Bend Circle Bryan, TX 77801

2815 Cypress Bend Circle, Bryan, TX, 77801
$337,500
For Sale
Claim this Listing
$337,500

MULTI_FAMILY - Bryan, TX

Property Size3,156 SF
Lot Size0.26 Acres
Price / SF$106.94
AddedSep 16, 2025
Days on Market302
Last RefreshJul 14 at 2:06 pm

Property Features for 2815 Cypress Bend Circle

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
B09
Standard status
Active
APN
2815 Cypress Bend B09
Size
3,156 SF
Lot size
0.26 Acres

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric

Building Details

Year built
1979
Floors in Building
1
Number of units
4
Flooring type
Tile, Vinyl, Carpet
Roof type
Shingle, Composition

Listing agent Allison Bauerschlag License #0677022

Listing office Walsh &Mangan Premier RE Group 1645 Greens Prairie Rd Ste 404, College Station, TX

Listing date Sep 16, 2025

MLS# 25009917 Listing URL

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 fourplex in Bryan, TX, presents an investment opportunity with rental potential. One of the four units is currently vacant and has been updated and prepared for lease. Each unit includes washer and dryer connections. The property is located blocks from the neighborhood park and schools, with convenient access to Harvey Mitchell Parkway and Villa Maria. The lot size is 0.261 acres. The owner is responsible for lawn maintenance. The property's size is 3156 square feet. The zoning is B09.

Key Highlights

  • Fourplex with one unit currently vacant; that unit has been made ready/updated and is listed for lease
  • Washer/dryer connections available in‑unit
  • Heating includes central and electric heating

Local 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 $57.9k $18.36
− Vacancy −$2.9k −$0.92
EGI $55.0k $17.44
− OpEx −$24.8k −$7.85
NOI $30.3k $9.59
3,156 SF · lease $18.36/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$484.7K
$424.1K – $565.5K (±1% cap)
NOI $33,928 @ 7.0% cap · market cap 10.05%
Second Best
Apartment 5plus
$432.5K
$378.5K – $504.6K (±1% cap)
NOI $30,276 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$777.1K
$680.0K – $906.7K (±1% cap)
NOI $54,399 @ 7.0% cap · market cap 16.12%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ian's Home Repairs (Bike/Boat/Book/etc) Store

Suggested Use

Law Firm Dental Office Real Estate Agency Spa & Massage Center Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fourplex with rental potential near park, schools, and parkway.
Where is this quadplex located?
The property is located at 2815 Cypress Bend Circle Bryan, TX.
What is the asking price?
The asking price for this property is $337,500.
What are key features of this property?
This property features: Fourplex with one unit currently vacant; that unit has been made ready/updated and is listed for lease; Washer/dryer connections available in‑unit; Heating includes central and electric heating
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