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Leased 2-Bedroom Duplex

916-918 Sun Meadow Street College Station, TX 77845

New
916-918 Sun Meadow Street, College Station, TX, 77845
$349,900
For Sale
$349,900

MULTI_FAMILY - College Station, TX

Property Size1,984 SF
Lot Size0.19 Acres
Price / SF$176.36
Days on Market3

Property Features for 916-918 Sun Meadow Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
C12
Standard status
Active
APN
916-918 Sun Meadow C12
Size
1,984 SF
Lot size
0.19 Acres

Utilities

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

Building Details

Year built
2001
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile
Roof type
Composition
Listing agency Longitude Real Estate
Listed by Gordon Pate · License #0321188
Added: Jul 20 Checked: Jul 22 at 6:06PM
MLS# 26009330

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.


Investment Insights

Based on property information with market context.

This fully leased 2-bedroom duplex offers an open-concept kitchen and living area with a cathedral ceiling. The interior includes granite countertops in the kitchen and bathroom, with tile flooring in the living area and all wet spaces for low-maintenance upkeep. Each unit also includes a refrigerator, with washer/dryer connections available, and benefits from a fenced backyard.

The property is located at 916-918 Sun Meadow Street in College Station, Texas. It is zoned C12 and sits on a 0.1928-acre lot.

Improvements include a newer roof. The duplex configuration provides separate, income-producing residential units in a turnkey, occupied setup.

Key Highlights

  • 2‑bedroom duplex built in 2001 and fully leased
  • Open‑concept kitchen and living area with cathedral ceiling
  • Granite countertops in the kitchen and bathroom

Local 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 $32.1k $16.20
− Vacancy −$1.7k −$0.84
EGI $30.5k $15.36
− OpEx −$9.1k −$4.61
NOI $21.3k $10.75
1,984 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$304.7K
$266.6K – $355.5K (±1% cap)
NOI $21,329 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$271.9K
$237.9K – $317.2K (±1% cap)
NOI $19,033 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$488.5K
$427.5K – $570.0K (±1% cap)
NOI $34,198 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Law Firm Barber Shop Grocery & Convenience Store Catering Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - A fully leased 2-bedroom duplex with granite finishes, tile in living areas and wet spaces, and a fenced backyard.
Where is this duplex located?
The property is located at 916-918 Sun Meadow Street College Station, TX.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 2‑bedroom duplex built in 2001 and fully leased; Open‑concept kitchen and living area with cathedral ceiling; Granite countertops in the kitchen and bathroom
Contact an agent
More about this property
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