$1,900,000
$100K PRICE DROP

5585 Straub Rd College Station, TX 77845

Estimated payment $11,850/month

Total Views 7,013
2 Beds
1 Bath
1,536 Sq Ft
$1,237 Price per Sq Ft

Highlights

  • Wooded Lot
  • Security Gate
  • Ceiling Fan
  • Greens Prairie Elementary School Rated A
  • Central Heating and Cooling System
  • Carpet

About This Home

This multi-family Investment opportunity sits on over 6 acres and offers strong, consistent income of nearly $12,000 monthly. With six duplexes (12 total units) originally constructed in 2012 as Army barracks, half have been remodeled to create more traditional and functional floor plans. Each unit offers a two-bedroom, one-bath layout, set in a quiet country setting in South College Station. Each duplex comes equipped with a full-size washer and dryer and off-street parking. Residents enjoy a tree-filled property. Recent maintenance and upgrades on nearly half of the units include items like air conditioning systems and water heaters. The property is on a septic system, helping to reduce utility costs, and the expansive lot offers potential for future development or expansion. Solid tenant base, immediate cash flow, and significant renovations already completed, this property presents an exceptional opportunity for investors seeking long-term stability in a thriving rental market.

Listing Agent

Cara Miller

Texas Prime Real Estate License #0711626 Listed on: 05/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,969

Year Built

  • Built in 2012

Lot Details

  • 6.19 Acre Lot
  • Wooded Lot

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Security Gate
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Green Prairie Elementary School
  • Wellborn Middle School
  • A & M Consolidated High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 12 Units
  • Blue Ribbon Property Management Association
  • Country Oaks, Block 1, Lot 1, Acres 6.1 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,969

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Directions: Hwy 6 North to College Station. Turn Left onto William D Fitch, Left onto Wellborn Rd. From Wellborn Rd heading North, Turn right onto Greens Prairie Rd/Greens Prairie Trail, Turn left onto I & Gn Rd, Turn right onto Straub Rd. The property will be on the left.
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 2012
  • Subdivision Name: COUNTRY OAKS, BLOCK 1, LOT 1, ACRES 6.1
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1536.0

Exterior Features

  • Disclosures: None
  • Roof: Metal
  • Lot Features: Wooded

Utilities

  • Utilities: Electricity Available, Water Available
  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Blue Ribbon Property Management

Schools

  • Elementary School: GREEN PRAIRIE ELEMENTARY SCHOOL
  • Junior High Dist: 153 - College Station
  • High School: A & M CONSOLIDATED HIGH SCHOOL
  • Middle Or Junior School: WELLBORN MIDDLE SCHOOL

Multi Family

  • Number Of Units Total: 12

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
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 Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $1,900,000 -5.0% $1,237 / Sq Ft
05/23/2025 05/23/25 For Sale $2,000,000 -- $1,302 / Sq Ft
Source: Houston Association of REALTORS®

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

Source: Houston Association of REALTORS®

MLS Number: 53217122

Houston Association of REALTORS®

APN: 211350-0001-0010