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Duplex with Private Terraces
New
For Sale
$1,625,000

705/707 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 705/707 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 705/707 Turner C03
Size 5,462 SF
Lot size 0.15 Acres

Utilities

Heating system Central, Electric (Heating)
Cooling system Electric, Ceiling Fan(s), Central Air

Amenities

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
Roof type Composition
Listing Agency: RE/MAX 2020 · RE/MAX International
Listed By: Cori Becka
Added: Oct 21 Last Checked: Oct 22 at 11:06AM
MLS# 26012588

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 5,462-square-foot duplex contains two units with a combined 14 private bedrooms. Each bedroom has its own full bathroom, while a half bath serves the main living area. Unit features include two refrigerators, washer and dryer, kitchen coffee bars, vinyl flooring, carpeted bedrooms, private side yards, rear parking, and private third-story terraces. The property is on a 0.1491-acre lot in College Station.

Both units are leased, with pre-leasing extending through the 2027–2028 school year.

Key Highlights

  • Two‑unit duplex with 14 private bedrooms across 5,462 square feet
  • Each bedroom includes a private en‑suite bath, plus a half bath in the living area
  • Private third‑story terraces, side yards, and rear parking

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 (±1% cap)
NOI $58,718 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$748.5K
$655.0K – $873.3K (±1% cap)
NOI $52,398 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M (±1% cap)
NOI $94,147 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences provide shared-housing accommodations with en-suite bathrooms and rear parking.
Where is this duplex located?
The property is located at 705/707 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 across 5,462 square feet; Each bedroom includes a private en‑suite bath, plus a half bath in the living area; Private third‑story terraces, side yards, and rear parking
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