Duplex with Central
For Sale
$399,500
3809-3811 Oldenburg Lane, College Station, TX 77845
Built in 2003, the property includes electric appliances and a dry bar.
Property Size2,676 SF
Days on Market13
Property Features for 3809-3811 Oldenburg Lane
General Information
Standard status
Active
Size
2,676 SF
Total Parking Spaces
6
Property subtype
Residential Income
Amenities
Central Air, Ceiling Fan(s), Electric
Central, Electric
Electric Range, Disposal, Microwave, Refrigerator, Dryer, Electric Water Heater, Washer
Bar, Dry Bar
Wood
Paved
Building Details
Building Size
2,676 SF
Year Built
2003
Stories
1
Listing Agency:
Twelve Realty, LLC
Listed By:
Keith Roberts · License #0627772
(979) 220-7230
Source:
Evrealestate
Added: Sep 27
Changed: Oct 6
Last Checked: Oct 7 at 12:36PM
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 Twelve Realty, LLC
Investment Insights
Based on property information with market context.
This duplex was built in 2003 and has central air conditioning with ceiling fans. The interior features a dry bar, and the kitchen is equipped with an electric range, disposal, microwave, and refrigerator. A washer and dryer are also included, along with an electric water heater.
The property has wood exterior features and paved surfaces. It is located on Oldenburg Lane in College Station, within Brazos County.
The property has wood exterior features and paved surfaces. It is located on Oldenburg Lane in College Station, within Brazos County.
Key Highlights
- Built in 2003
- Central air conditioning and ceiling fans
- Kitchen appliances include an electric range, disposal, microwave, and refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,768
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,360
$575.4K
Cap Rate 7%
$410,971
$411.0K
Cap Rate 9%
$319,644
$319.6K
Market Conditions
NOI Build-Up for 2,676 SF
Gross rent
$43.4K $16.20/SF
− Vacancy
−$2.3K −$0.84/SF
EGI
$41.1K $15.36/SF
− OpEx
−$12.3K −$4.61/SF
NOI
$28.8K $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%
$575,360
Cap Rate 7%
$410,971
Cap Rate 9%
$319,644
Alternative Uses
Best Use
Multifamily LT 5
$411.0K
$359.6K – $479.5K
NOI $28,768 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$366.7K
$320.9K – $427.9K
NOI $25,671 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$658.9K
$576.6K – $768.8K
NOI $46,126 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
Explore this area
Business Placement
Demographics for 77845, TX
70,108
Population
31,464
Households
2.2
Avg Household Size
30
Median Age
61%
College-Educated
96%
High-School Grad
142.5 sq mi
ZIP Area
492
Density / Sq Mi
$90,434
Median Household Income
$46,532
Median Earnings
$1,384
Median Rent
$349,900
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 - Built in 2003, the property includes electric appliances and a dry bar.
Where is this duplex located?
The property is located at 3809-3811 Oldenburg Lane College Station, TX.
What is the asking price?
The asking price for this property is $399,500.
What are key features of this property?
This property features: Built in 2003; Central air conditioning and ceiling fans; Kitchen appliances include an electric range, disposal, microwave, and refrigerator
