Quadplex Residential Income
301 W 31st Street 103 Bryan, TX 77803
For Sale
$350,000
Four-unit residential income property available for sale at 301 W 31st Street 103 in Bryan, TX.
Property Size2,414 SF
Price / SF$144.99
Days on Market19
Property Features for 301 W 31st Street 103
General Information
- Standard status
- Active
- Size
- 2,414 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2021
Listing Agency:
Keller Williams Realty Clear Lake / NASA
(832) 646-3781
Listed By:
Wendy Saik · License #0663604
(832) 646-3781
Source:
Garygreene
Added: Jul 7
Changed: Jul 23
Last Checked: Jul 24 at 5:36AM
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 Keller Williams Realty Clear Lake / NASA
Investment Insights
Based on property information with market context.
This quadplex residential income property for sale consists of four units under one ownership structure. It is presented as a multifamily investment asset within the Residential income property category.
The property is located at 301 W 31st Street 103 in Bryan, Texas 77803.
Additional details about unit layout, condition, and building improvements are not provided in the available information.
The property is located at 301 W 31st Street 103 in Bryan, Texas 77803.
Additional details about unit layout, condition, and building improvements are not provided in the available information.
Key Highlights
- Four‑unit residential income property for sale at 301 W 31st Street 103 in Bryan, TX
- Built in 2021 with 2,414 total building area (per appraiser)
- 2‑bedroom, 3‑bath interior with 1 half bath; air conditioning and heating available
Financial Insights For Multifamily LT 5
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 | $39.1k | $16.20 |
| − Vacancy | −$2.0k | −$0.84 |
| EGI | $37.1k | $15.36 |
| − OpEx | −$11.1k | −$4.61 |
| NOI | $26.0k | $10.75 |
2,414 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$370.7K
$324.4K – $432.5K
NOI $25,951 @ 7.0% cap · market cap 7.41%
Second Best
Apartment 5plus
$330.8K
$289.5K – $386.0K
NOI $23,158 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$594.4K
$520.1K – $693.5K
NOI $41,610 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four-unit residential income property available for sale at 301 W 31st Street 103 in Bryan, TX.
Where is this quadplex located?
The property is located at 301 W 31st Street 103 Bryan, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four‑unit residential income property for sale at 301 W 31st Street 103 in Bryan, TX; Built in 2021 with 2,414 total building area (per appraiser); 2‑bedroom, 3‑bath interior with 1 half bath; air conditioning and heating available
