5585 Straub Rd Unit 101-116 College Station, TX 77845
Estimated payment $10,245/month
Total Views
146,422
--
Bed
--
Bath
783
Sq Ft
$2,107
Price per Sq Ft
Highlights
- Deck
- Furnished
- Central Heating and Cooling System
- Greens Prairie Elementary School Rated A
- No HOA
- Ceiling Fan
About This Home
This rare multi-family investment opportunity sits on over 6 acres within the highly sought-after College Station ISD and offers strong, consistent income with a 95% occupancy rate and nearly $11,900 in monthly rental income. The property includes six duplexes (12 total units) originally constructed in 2012 as former Army barracks, which have since been thoughtfully remodeled to create more traditional and functional residential floorplans. Each unit offers a charming two-bedroom, one-bath cottage-style layout, set in a quiet country setting in south College Station. Located just off Wellborn Road, each duplex also comes equipped with a full-size washer and dryer, adding convenience for tenants. Residents enjoy the peace and serenity of a tree-filled property Extensive maintenance and upgrades have already been completed on nearly half of the units, including improvements to air conditioning systems and water heaters. The property operates on a septic system, helping to reduce utility costs, and the expansive lot offers potential for future development or expansion. With a solid tenant base, immediate cash flow, and significant renovations already completed, this property presents an exceptional opportunity for investors seeking long-term stability and growth in a thriving rental market . A 3D immersive visual tour of unit # 105 a remodeled unit and # 109 created by Matterport is available for you to view.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,969
Year Built
- Built in 2012
Home Design
- Duplex
- Composition Roof
- Aluminum Siding
Interior Spaces
- 783 Sq Ft Home
- 1-Story Property
- Furnished
- Ceiling Fan
- Laminate Flooring
Kitchen
- Cooktop
- Microwave
Laundry
- Dryer
- Washer
Parking
- Unpaved Parking
- On-Site Parking
Utilities
- Central Heating and Cooling System
- Separate Meters
- Water Heater
Additional Features
- Deck
- 6.19 Acre Lot
Community Details
- No Home Owners Association
- 12 Units
Listing and Financial Details
- Legal Lot and Block 1 / 1
- Assessor Parcel Number 418527
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,969 | $1,295,443 | $314,133 | $981,310 |
| 2024 | $17,969 | $1,244,427 | $272,230 | $972,197 |
| 2023 | $17,969 | $1,417,819 | $272,230 | $1,145,589 |
| 2022 | $21,001 | $1,288,345 | $247,482 | $1,040,863 |
| 2021 | $17,864 | $1,018,461 | $222,169 | $796,292 |
| 2020 | $15,120 | $855,940 | $222,169 | $633,771 |
| 2019 | $10,943 | $579,930 | $222,170 | $357,760 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Price Changed | $1,650,000 | -2.9% | $2,107 / Sq Ft |
| 07/15/2025 07/15/25 | Price Changed | $1,700,000 | -2.9% | $2,171 / Sq Ft |
| 06/30/2025 06/30/25 | Price Changed | $1,750,000 | -7.9% | $2,235 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $1,900,000 | -5.0% | $2,427 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $2,000,000 | -- | $2,554 / Sq Ft |
Source: Bryan-College Station Regional Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | New Title Company Name |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $219,987 | New Conventional |
Source: Public Records
About the Listing Agent
Kathy's Other Listings
Source: Bryan-College Station Regional Multiple Listing Service
MLS Number: 25006051
APN: 211350-0001-0010
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