Bryan, TX Fourplex Investment
For Sale
$337,500
2815 Cypress Bend Circle, Bryan, TX 77801
MULTI_FAMILY - Bryan, TX
Property Size3,156 SF
Lot Size0.26 Acres
Price / SF$106.94
Days on Market321
Property Features for 2815 Cypress Bend Circle
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
B09
Subdivision
Cedar Ridge
Elementary school district
Bryan
Middle school district
Bryan
High school district
Bryan
Directions
Heading NW on Finfeather, turn left onto Peppertree then left again on Cypress Bend. 2808 is on the right. 2815 is at the end of the cul-de-sac.
Standard status
Active
APN
2815 Cypress Bend B09
Size
3,156 SF
Lot size
0.26 Acres
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Building Details
Year built
1979
Floors in Building
1
Number of units
4
Flooring type
Tile, Vinyl, Carpet
Roof type
Composition, Shingle
Listing Agency:
Walsh &Mangan Premier RE Group
(979) 690-9977
Listed By:
Allison Bauerschlag · License #0677022
(979) 690-9977
Added: Sep 16, 2025
Changed: Jul 29
Last Checked: Aug 2 at 2:06PM
MLS# 25009917
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
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
NOI $33,928 @ 7.0% cap · market cap 10.05%
Second Best
Apartment 5plus
$432.5K
$378.5K – $504.6K
NOI $30,276 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$777.1K
$680.0K – $906.7K
NOI $54,399 @ 7.0% cap · market cap 16.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Explore this area
Business Placement
Demographics for 77801, TX
15,097
Population
7,221
Households
2.1
Avg Household Size
27
Median Age
23%
College-Educated
81%
High-School Grad
3.1 sq mi
ZIP Area
4,870
Density / Sq Mi
$35,575
Median Household Income
$24,587
Median Earnings
$998
Median Rent
$172,200
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?
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
