Duplex with Ensuite
New
For Sale
$975,000
306 Live Oak Street, College Station, TX 77840
Multi-Family, College Station, TX
Property Size3,120 SF
Lot Size0.16 Acres
Price / SF$312.50
Days on Market2
Property Features for 306 Live Oak Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
C03
Subdivision
College Vista
Elementary school district
College Station
Middle school district
College Station
High school district
College Station
Directions
From Texas Ave. and University Dr. heading east on University, turn right on Nimitz then right on Live Oak. The duplex is on the left
Standard status
Active
APN
306 Live Oak C03
Size
3,120 SF
Lot size
0.16 Acres
Utilities
Heating system
Central, Electric (Heating)
Building Details
Year built
2025
Number of units
1
Roof type
Composition, Shingle
Listing Agency:
LKG Realty Advisors
(979) 255-1950
Listed By:
Alex Schielack · License #SCHIEALE122
(979) 966-3913
Added: Oct 2
Last Checked: Oct 3 at 2:06AM
MLS# 26011907
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 is under construction and comprises two adjoining residences. Each side offers four bedrooms, four-and-a-half baths, and an open kitchen, dining, and living area. The property is listed with a 2025 year built and C03 zoning.
Both residences are leased for the 2026–27 school year. Texas A&M, restaurants, shopping, and entertainment are described as minutes away.
Both residences are leased for the 2026–27 school year. Texas A&M, restaurants, shopping, and entertainment are described as minutes away.
Key Highlights
- Two side‑by‑side residences, each with 4 bedrooms and 4.5 baths
- Both units leased for the 2026–27 school year
- 3,120 square feet on a 0.1578‑acre lot
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
$33,541
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
3.44%
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%
$670,820
$670.8K
Cap Rate 7%
$479,157
$479.2K
Cap Rate 9%
$372,678
$372.7K
Market Conditions
NOI Build-Up for 3,120 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
$50.5K $16.20/SF
− Vacancy
−$2.6K −$0.84/SF
EGI
$47.9K $15.36/SF
− OpEx
−$14.4K −$4.61/SF
NOI
$33.5K $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%
$670,820
Cap Rate 7%
$479,157
Cap Rate 9%
$372,678
Alternative Uses
Best Use
Multifamily LT 5
$479.2K
$419.3K – $559.0K
NOI $33,541 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$427.6K
$374.1K – $498.8K
NOI $29,930 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$768.3K
$672.2K – $896.3K
NOI $53,779 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,039
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased for the 2026–27 school year, with access to Texas A&M nearby.
Where is this duplex located?
The property is located at 306 Live Oak Street College Station, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two side‑by‑side residences, each with 4 bedrooms and 4.5 baths; Both units leased for the 2026–27 school year; 3,120 square feet on a 0.1578‑acre lot
