New 11-Unit Townhome
4042 GUNNER TR, College Station, TX 77845
For Sale
Contact for pricing
Newly constructed student-oriented housing with upgraded interiors, private yards, and community amenities.
Property Size20,135 SF
Price / SF$218.72
Days on Market105
Property Features for 4042 GUNNER TR
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Amenities
Gig Speed Fiber Internet
lawn care
access to the Cove at BearX
sheet wave surfing machine
lazy river
private cabanas
private fenced backyard
Building Details
Year Built
Buildings
Units
Tenancy
Listing Agency:
Marvel Real Estate
Listed By:
Luke Marvel · License TX #613106
(979) 217-1162
Source:
Crexi
Added: Jul 28
Changed: Nov 5
Last Checked: Nov 8 at 8:18AM
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 Marvel Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 11-unit apartment property at 4042 Gunner Tr in College Station includes 20,135 square feet across a varied townhome mix. The package contains five 4-bedroom, 4.5-bath units, four 4-bedroom, 4-bath units, and two 3-bedroom, 3-bath units. Built in 2026, the homes feature gray stained cabinetry, quartz counters, luxury vinyl plank flooring, stainless steel appliances, tiled shower surrounds, and private fenced backyards.
Onsite property management supports day-to-day operations. The HOA provides Gig Speed Fiber Internet and lawn care, along with access to The Cove at BearX, which includes a sheet wave surfing machine, lazy river, and private cabanas. The property is positioned for student housing use, with completion timed for the fall semester.
Onsite property management supports day-to-day operations. The HOA provides Gig Speed Fiber Internet and lawn care, along with access to The Cove at BearX, which includes a sheet wave surfing machine, lazy river, and private cabanas. The property is positioned for student housing use, with completion timed for the fall semester.
Key Highlights
- 11‑unit townhome package totaling 20,135 square feet
- Unit mix includes five 4‑bedroom, 4.5‑bath units, four 4‑bedroom, 4‑bath units, and two 3‑bedroom, 3‑bath units
- Built in 2026 with newly constructed interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$193,157
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,863,140
$3.9M
Cap Rate 7%
$2,759,386
$2.8M
Cap Rate 9%
$2,146,189
$2.1M
Market Conditions
NOI Build-Up for 20,135 SF
Gross rent
$369.7K $18.36/SF
− Vacancy
−$18.5K −$0.92/SF
EGI
$351.2K $17.44/SF
− OpEx
−$158.0K −$7.85/SF
NOI
$193.2K $9.59/SF
Area
College Station, TX
Vacancy
5.00%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,863,140
Cap Rate 7%
$2,759,386
Cap Rate 9%
$2,146,189
Alternative Uses
Best Use
Apartment 5plus
$2.76M
$2.41M – $3.22M
NOI $193,157 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.96M
$4.34M – $5.78M
NOI $347,063 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
144
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
$349,900
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Brazos County, TX
Properties on Market for Apartment buildings in Brazos County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Newly constructed student-oriented housing with upgraded interiors, private yards, and community amenities.
Where is this apartment building located?
The property is located at 4042 GUNNER TR College Station, TX.
What is the asking price?
The asking price for this property is $4,403,900.
What are key features of this property?
This property features: 11‑unit townhome package totaling 20,135 square feet; Unit mix includes five 4‑bedroom, 4.5‑bath units, four 4‑bedroom, 4‑bath units, and two 3‑bedroom, 3‑bath units; Built in 2026 with newly constructed interiors
