903 BALCONES DRIVE, COLLEGE STATION, TX 77845

Homes for sale in College Station.

Homes for sale in 77845.


Active

List Price$2,200,000

903 Balcones Drive

College Station, TX 77845

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Listing #25010499

Condo

Type

About This Property

Located just off the TAMU Shuttle Route, this well-maintained 12-unit multifamily complex offers consistent income and unbeatable proximity to campus, shopping, and dining. Each spacious 1,200 sq. ft. unit features modern layouts designed for comfort and long-term tenant satisfaction. The property also includes an on-site office, ideal for management or conversion to an additional income-producing unit. Currently at 100% occupancy, these units rent for $1,200 per month (Gross annual income of $172,800.00), supported by a roster of reliable, long-term tenants. Strong rental history and minimal turnover make this a low-maintenance, high-yield investment in one of Texas' most stable rental markets. With TAMU student demand and workforce housing needs driving continued growth, this property offers exceptional income stability and future appreciation potential. Whether you're expanding your portfolio or entering the Bryan--College Station market, this turn-key asset delivers steady cash flow in a prime location.

Property Features

Location Information

County

Brazos

Subdivision

College Station Southwood

Latitude

30.589171

Directions

From Hwy 6 South, exit towards FM-2818/Harvey Mitchell Parkway. Take a right onto Harvey Mitchell Parkway S, then take a left onto Rio Grande Blvd. Turn right onto Balcones Drive.

Longitude

-96.313284

Interior Features

Interior

Breakfast Area

Floors

Carpet, Tile

Heating

Central, Electric

Appliances

Dishwasher, Electric Range, Microwave, Refrigerator, Electric Water Heater

Cooling

Central Air, Electric

Total Number of Units

2

Exterior Features

Construction/Exterior

Brick Veneer

Building Total Area (Sq. Ft.)

15,360

School

Elementary School District

College Station

High School District

College Station

Middle School District

College Station

Additional Information

Other Utilities

Separate Meters

Year Built

2014

Property Type

CND

Status

Active

Property SubType

Townhouse

Senior Community

No

Property SubType 2

Residential Income

Similar Listings

Mortgage Calculator

$10,273

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$7,927

Monthly Tax

$1,833

Monthly Insurance

$513

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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