903 Balcones Drive College Station, TX $ 2,200,000
903 Balcones Drive
$ 2,200,000
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903 Balcones Drive

College Station, TX, 77845
$ 2,200,000
Baths0.0 Sq 15,360

Monthly Estimate*

$ 13,725

903 Balcones Drive, College Station, TX 77845 - Image 1
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Studio

Multi-Family Home for sale in College Station, TX

for $2,200,000. This 15,360 square foot home was built in 2014.

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.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

2014

Town/City

College Station

County/Region

Brazos

MLS | Web ID

25010499

Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities Separate Meters
Appliances Dishwasher Electric Range Microwave Refrigerator Electric Water Heater
Construction Materials Brick Veneer
Year Built 2014
Levels Two
Property Subtype Townhouse
County Brazos
Property Type Residential Income
HOA false
Subdivision Name College Station Southwood
Status Active
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.
City College Station
Senior Community Y/N false
High School District College Station
Number Of Units Total 2
MLS Area C10
Lot Size Units Acres
Lot Size Square Feet 41818
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District College Station
Elementary School District College Station
Tax Lot B2
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Interior
Interior Amenities Breakfast Area
Flooring Carpet Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Building Area Total 15360
Lot Size Source Public Records
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* Excluded Features
List By
Linda Praytor

Listing Agent

Town & Country Realty

Broker

lepraytor@aol.com

Email

Affordability Calculator

$13,725
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,725
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2199440 Elementary School
2199429 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/12/2025$2,200,000 9.99% Price Up
10/10/2025$2,000,200 Listed Price

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903 Balcones Drive, College Station, TX, 77845 is a Multi-Family Home for sale at $2,200,000 with 15,360 sqft. 903 Balcones Drive is a studio with 0.0 baths and was built in 2014. The property's zip code is 77845 which is in College Station, TX