305 Cherry St College Station, TX 77840
Welcome to an Investor's Prime Opportunity Nestled in the Coveted Historic North Gate Area of College Station, Offering Unparalleled Proximity to Texas a&m University. This Unique Offering Presents Two Adjacent Parcels of Land, Each Comprising .3766 Acres of Potential. the First Parcel, Situated at 500 Boyett St., Features a Recently Remodeled Home With 3 Bedrooms and 2 Bathrooms. Currently Under Lease Expires July 15 2025, It Generates a Monthly Rental Income of $1650. Meanwhile, the Second Parcel, Located at 305 Cherry St., Enjoys Immediate Access to Tamu Bus Route 15. There Have Been Several Large Residential Redevelopments Already Occur in the Area Making This a Prime Location for Housing or Commercial Ventures. Don't Miss Out on This Exceptional Opportunity; Both Parcels Are Being Sold Together to Maximize Investment Potential. No Need to Schedule an Appointment Unless You Wish to Tour the House in Person.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.