Student Housing
New
For Sale
$975,000
306 Live Oak St # A, College Station, TX 77840
Each residence pairs an open kitchen, dining, and living area with private bathrooms for all bedrooms.
Property Size3,120 SF
Days on Market6
Property Features for 306 Live Oak St # A
General Information
Standard status
Active
Size
3,120 SF
Property subtype
Other - Special Purpose
Financials
Gross Income
$72,000
Average Monthly Rent
$3,000
Units
Unit Mix
2 x 4BR/4.5BA
Multifamily Units
2
Building Details
Building Size
3,120 SF
Year Built
1975
Buildings
1
Units
1
Listing Agency:
LKG Realty Advisors
Listed By:
Rick Lemons, CCIM · License #524312
(979) 221-2929
Source:
Commercialcafe
Added: Oct 19
Last Checked: Oct 23 at 3:55AM
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 LKG Realty Advisors
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Investment Insights
Based on property information with market context.
This duplex contains two adjoining residences, each with four bedrooms and 4.5 bathrooms. Every bedroom has its own bathroom. Within each side, the kitchen, dining area, and living room share an open layout. The property is presented for student housing use.
Both residences are leased for the 2026–27 school year and are being marketed for occupancy beginning in August 2027. The property has access to Texas A&M, as well as restaurants, shopping, and entertainment in College Station.
Both residences are leased for the 2026–27 school year and are being marketed for occupancy beginning in August 2027. The property has access to Texas A&M, as well as restaurants, shopping, and entertainment in College Station.
Key Highlights
- Two side‑by‑side residences, each configured with 4 bedrooms and 4.5 bathrooms
- Private bathroom for every bedroom
- Open‑concept kitchen, dining, and living space in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,541
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence pairs an open kitchen, dining, and living area with private bathrooms for all bedrooms.
Where is this duplex located?
The property is located at 306 Live Oak St # A 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 configured with 4 bedrooms and 4.5 bathrooms; Private bathroom for every bedroom; Open‑concept kitchen, dining, and living space in each unit
