401 E Main St Brenham, TX 77833
Estimated payment $12,575/month
Highlights
- Window Unit Cooling System
- Ceiling Fan
- Wall Furnace
- Tile Flooring
- Wood Siding
- 5-minute walk to Toubin Park
About This Home
Colonial Oaks is an architecturally unique, fully leased 16-unit multifamily offering within the Opportunity Zone, just steps from historic Downtown Brenham shopping and dining and one mile to Blinn College Main Campus. With 12 one-bedroom units and four two-bedroom units spread across two buildings, Colonial Oaks provides covered off-street parking and offers a tranquil and well-maintained place for seniors, professionals, and students to call home. This stabilized asset in a rapidly growing market with limited inventory can be operated as-is for cash flow or is a prime candidate to put Opportunity Zone tax benefits to work by redeveloping the property into an Airbnb or boutique hotel, for which competition is scarce, and demand is high.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 0.56 Acre Lot
Parking
- Carport
Home Design
- Brick Exterior Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 13,200 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Bisd Draw Elementary School
- Brenham Junior High School
- Brenham High School
Utilities
- Window Unit Cooling System
- Wall Furnace
- Cable TV Available
Community Details
- 16 Units
- East Main Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/07/2025 05/07/25 | For Sale | $1,950,000 | -- | $148 / Sq Ft |
Source: Houston Association of REALTORS®
MLS Number: 24577371

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