Duplex with Private
New
For Sale
$1,625,000
701/703 Turner Street, College Station, TX 77840
Multi-Family, College Station, TX
Property Size5,462 SF
Lot Size0.15 Acres
Price / SF$297.51
Days on Market2
Property Features for 701/703 Turner Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
C03
Parking
14
Patio and Porch features
Patio
Exterior features
Patio
Subdivision
Pasler
Elementary school district
College Station
Middle school district
College Station
High school district
College Station
Directions
From Hwy 6, take University E, 1.4 miles turn left on Nimitz Street, 900 Feet turn left on Ash. 400 feet, turn right onto Turner. Destination is on your left.
Standard status
Active
APN
701/703 Turner C03
Size
5,462 SF
Lot size
0.15 Acres
Utilities
Heating system
Central, Electric (Heating)
Amenities
private en-suite bath
additional half bath
two refrigerators
washer/dryer
kitchen coffee bars
luxury vinyl flooring
carpeted bedrooms
private side yards
rear parking
private third-story terraces
Building Details
Year built
2025
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet
Roof type
Composition
Listing Agency:
RE/MAX 2020 · RE/MAX International
(979) 383-2020
Listed By:
Cori Becka
(915) 307-0276
Added: Oct 21
Last Checked: Oct 22 at 11:06AM
MLS# 26012587
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.
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 5,462 square feet and 14 private bedrooms, each with an en-suite bathroom. An additional half bath serves the main living area. The layout also includes private third-story terraces, private side yards, and rear parking. Vinyl flooring and carpet are specified, and the property is under construction with a 2025 year built. Zoning is C03.
The units are leased or pre-leased through the 2027-2028 school year. The property occupies a 0.1487-acre site in College Station.
The units are leased or pre-leased through the 2027-2028 school year. The property occupies a 0.1487-acre site in College Station.
Key Highlights
- Two‑unit duplex with 14 private bedrooms
- 5,462 square feet on a 0.1487‑acre site
- Each bedroom has a private en‑suite bathroom; an additional half bath serves the common area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,718
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,174,360
$1.2M
Cap Rate 7%
$838,829
$838.8K
Cap Rate 9%
$652,422
$652.4K
Market Conditions
NOI Build-Up for 5,462 SF
Gross rent
$88.5K $16.20/SF
− Vacancy
−$4.6K −$0.84/SF
EGI
$83.9K $15.36/SF
− OpEx
−$25.2K −$4.61/SF
NOI
$58.7K $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%
$1,174,360
Cap Rate 7%
$838,829
Cap Rate 9%
$652,422
Alternative Uses
Best Use
Multifamily LT 5
$838.8K
$734.0K – $978.6K
NOI $58,718 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$748.5K
$655.0K – $873.3K
NOI $52,398 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M
NOI $94,147 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
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Business Placement
Demographics for 77840, TX
55,180
Population
25,423
Households
2.2
Avg Household Size
25
Median Age
46%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
5,518
Density / Sq Mi
$31,278
Median Household Income
$14,521
Median Earnings
$1,085
Median Rent
$241,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fourteen private bedrooms each have an en-suite bathroom, plus a separate half bath for the shared living area.
Where is this duplex located?
The property is located at 701/703 Turner Street College Station, TX.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Two‑unit duplex with 14 private bedrooms; 5,462 square feet on a 0.1487‑acre site; Each bedroom has a private en‑suite bathroom; an additional half bath serves the common area
