903 BALCONES DRIVE, COLLEGE STATION, TX 77845
Homes for sale in College Station.
Homes for sale in 77845.
List Price$2,200,000
903 Balcones Drive
College Station, TX 77845
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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