3808 Elaine Drive, Bryan, TX 77808
- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 27 at 10:06 pm
Property Features for 3808 Elaine Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B15
- Standard status
- Active
- APN
- 3808 Elaine B15
- Size
- 1,680 SF
- Lot size
- 0.16 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1983
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate
- Roof type
- Composition
Listing agent John Byers (979) 846-1995
Listing office TowerPoint Realty 1700 George Bush Dr E #250, College Station, TX (979) 846-1995
Listing date Jun 24, 2026
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.
HighLights
- Duplex built in 1983 with both units tenant‑occupied
- Fresh exterior updates include brand new roof and fresh exterior paint
- Central heating and central air conditioning
- Cooling includes electric central air
- Laminate flooring
- Roof type: composition
Overview
The duplex is located at 3808 Elaine Drive in Bryan, TX, within Brazos County. The property is zoned B15. The lot size is 0.1551 acres, and the total property size is 1,680 square feet.
For investors seeking an income-producing residential income property, this duplex offers the practical benefit of existing tenants in place at the time of sale. With seller allowances for interior updates, the next owner can plan for unit improvements while maintaining occupancy. The fully occupied status and exterior refresh make it well-suited for buyers looking for a straightforward path to continued rental operations.
Local 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 | $27.2k | $16.20 |
| − Vacancy | −$1.4k | −$0.84 |
| EGI | $25.8k | $15.36 |
| − OpEx | −$7.7k | −$4.61 |
| NOI | $18.1k | $10.75 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bryan
- County
- Brazos
- State
- Texas
- Longitude
- -96.378209
- Latitude
- 30.715563
