Leased Two-Bedroom
For Sale
Under Contract
$349,900
916-918 Sun Meadow Street, College Station, TX 77845
Multi-Family, College Station, TX
Property Size1,984 SF
Lot Size0.19 Acres
Price / SF$176.36
Days on Market86
Property Features for 916-918 Sun Meadow Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
C12
Subdivision
Sun Meadows
Elementary school district
College Station
Middle school district
College Station
High school district
College Station
Directions
Longitude -96.292900, Latitude 30.572235 - Hwy 6 to Graham Rd, Right on Shaffer, Left on Sun Meadow, property is on the left.
Standard status
Active Under Contract
APN
916-918 Sun Meadow C12
Size
1,984 SF
Lot size
0.19 Acres
Taxes and HOA fees
HOA Fee
$225 Annually
Utilities
Heating system
Natural Gas, Central
Cooling system
Ceiling Fan(s), Electric, Central Air
Amenities
fenced backyard
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
(979) 431-5005
Listed By:
Gordon Pate · License #0321188
(979) 777-4081
Added: Jul 20
Changed: Oct 6
Last Checked: Oct 13 at 9:06PM
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 two-bedroom duplex contains 1,984 square feet and sits on a 0.1928-acre lot. Built in 2001, the property has composition roofing and C12 zoning. The kitchen and living area share an open layout beneath a cathedral ceiling, with granite countertops in the kitchen and bathroom. Tile covers the living area and wet spaces; carpet is also present. A refrigerator is included, and washer and dryer connections are provided. The home has central natural gas heating and central air conditioning, along with ceiling fans. A fenced backyard serves the property. Both units are fully leased.
Key Highlights
- Two‑bedroom duplex with 1,984 square feet
- Fully leased
- 0.1928‑acre lot; C12 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,329
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,580
$426.6K
Cap Rate 7%
$304,700
$304.7K
Cap Rate 9%
$236,989
$237.0K
Market Conditions
NOI Build-Up for 1,984 SF
Gross rent
$32.1K $16.20/SF
− Vacancy
−$1.7K −$0.84/SF
EGI
$30.5K $15.36/SF
− OpEx
−$9.1K −$4.61/SF
NOI
$21.3K $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%
$426,580
Cap Rate 7%
$304,700
Cap Rate 9%
$236,989
Alternative Uses
Best Use
Multifamily LT 5
$304.7K
$266.6K – $355.5K
NOI $21,329 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$271.9K
$237.9K – $317.2K
NOI $19,033 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$488.5K
$427.5K – $570.0K
NOI $34,198 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Explore this area
Business Placement
Demographics for 77845, TX
70,108
Population
31,464
Households
2.2
Avg Household Size
30
Median Age
61%
College-Educated
96%
High-School Grad
142.5 sq mi
ZIP Area
492
Density / Sq Mi
$90,434
Median Household Income
$46,532
Median Earnings
$1,384
Median Rent
$349,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - An open kitchen and living area features granite counters, tile flooring, and a cathedral ceiling.
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: Two‑bedroom duplex with 1,984 square feet; Fully leased; 0.1928‑acre lot; C12 zoning
