406 Ash Street, College Station, TX 77840
MULTI_FAMILY - College Station, TX
Property Features for 406 Ash Street
General Information
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The property is located in College Station, less than five minutes from Texas A&M University and near shopping, dining, entertainment, and everyday services. Both units are fully leased, and the property carries C03 zoning. The 0.188-acre site also includes privacy fencing and patio areas.
Key Highlights
- Two‑unit duplex with 3,696 square feet, built in 2015
- Each unit offers 5 bedrooms and 5 bathrooms
- Fully leased property near Texas A&M University
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 | $59.9k | $16.20 |
| − Vacancy | −$3.1k | −$0.84 |
| EGI | $56.8k | $15.36 |
| − OpEx | −$17.0k | −$4.61 |
| NOI | $39.7k | $10.75 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 77840, TX
Market
Vacancy Rate% for Multifamily in South region