505&507 500 #502, College Station, TX, 77840
About This Home
100% Occupied Multifamily Investment opportunity in the heart of College Station. This updated multifamily property is 100% occupied, offering immediate cash flow in a highly desirable location just minutes from Texas A&M University, on the bus route, and close to Northgate’s dining, shopping, and entertainment. With strong occupancy, modern updates, and a prime location near Texas A&M, this property presents a solid, low-maintenance investment opportunity in a consistently high-demand rental market. Each spacious 1-bedroom, 1-bath unit (910 sq ft) features recent upgrades, including quartz countertops, stainless steel appliances, wood-look tile flooring, an oversized walk-in closet, and access to a charming shared courtyard. Appliances provided include a refrigerator, gas range, dishwasher, microwave, and in-unit washer and dryer, enhancing tenant appeal and retention. The owner maintains the courtyard lawn care, while tenants are responsible for back patio lawn areas.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1968
Materials
- Roof: Composition
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Range,Disposal,Dishwasher,Refrigerator
- Laundry features: Washer/Dryer Connections
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Carpet,Laminate
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Ceiling Fan(s),Electric
Interior Area
- Total structure area: 14,500
- Total interior livable area: 14,500 sqft
Property
Details
- Parcel number: 419288
Features
- Stories: 2
Parking
- Parking features: One Parking Unit
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $13,349 | $160,188 |
| Home Insurance * | $1,667 | $20,004 |
| Property Taxes | $3,036 | $36,432 |
| Electricity | $1,592 | $19,106 |
| Total | $19,644 | $235,728 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-20 | Listed for sale | $2,640,000 |
For Sale by Agent
View on Zillow