Duplex on Mixed-Use Zoned
408 Oak Street Bryan, TX 77801
For Sale
$325,000
Duplex for sale on a 100x200 lot, zoned MU-2 for both residential and a range of non-residential uses.
Property Size1,437 SF
Lot Size0.46 Acres
Price / SF$226.17
Days on Market488
Property Features for 408 Oak Street
General Information
- Standard status
- Active
- Size
- 1,437 SF
- Lot size
- 0.46 Acres
- Property subtype
- Commercial Sale / Multi Family
Building Details
- Year Built
- 1940
Listing Agency:
eXp Realty, LLC
(979) 661-6153
Listed By:
Viet Ha · License #0736903
(979) 661-6153
Source:
Compass
Added: Mar 24, 2025
Changed: Jul 20
Last Checked: Jul 20 at 3:55PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This property at 408 Oak Street in Bryan, TX is a duplex set on a spacious 0.46-acre lot measuring approximately 100 by 200 feet. The site is zoned MU-2 (Mixed Use District), supporting both residential living and a range of non-residential uses. The public remarks note non-residential options such as duplexes, townhomes, multi-family dwellings, bed & breakfast, childcare, fitness center, landscaping services, moving company, and more; buyers are asked to verify permitted uses.
The property is described as conveniently located with quick access to Texas Avenue and Villa Maria, placing everyday amenities within minutes, including grocery stores and shopping.
With its mixed-use zoning and duplex configuration on a sizeable lot, the asset may offer flexibility for buyers exploring residential income and MU-2 compatible business opportunities, subject to verification of uses.
The property is described as conveniently located with quick access to Texas Avenue and Villa Maria, placing everyday amenities within minutes, including grocery stores and shopping.
With its mixed-use zoning and duplex configuration on a sizeable lot, the asset may offer flexibility for buyers exploring residential income and MU-2 compatible business opportunities, subject to verification of uses.
Key Highlights
- Duplex on a 100x200 ft (0.46‑acre) lot
- Zoned MU‑2 (Mixed Use District), allowing both residential and a range of non‑residential uses
- Year built: 1940
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 | $23.3k | $16.20 |
| − Vacancy | −$1.2k | −$0.84 |
| EGI | $22.1k | $15.36 |
| − OpEx | −$6.6k | −$4.61 |
| NOI | $15.4k | $10.75 |
1,437 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$220.7K
$193.1K – $257.5K
NOI $15,448 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$196.9K
$172.3K – $229.8K
NOI $13,785 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$353.8K
$309.6K – $412.8K
NOI $24,769 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex for sale on a 100x200 lot, zoned MU-2 for both residential and a range of non-residential uses.
Where is this duplex located?
The property is located at 408 Oak Street Bryan, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Duplex on a 100x200 ft (0.46‑acre) lot; Zoned MU‑2 (Mixed Use District), allowing both residential and a range of non‑residential uses; Year built: 1940
