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Active
  • $2,200,000

    903 Balcones Dr, College Station, TX 77845

    4beds
    6baths
    15,360sqft
    : 
    $14,823/mo
    Get pre-qualified
    Townhouse, Multi Family
    Built in 2014
    0.96 Acres Lot
    $2,025,500 Zestimate®
    $143/sqft
    $-- HOA

    What's special

    Modern layouts
    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.
    289 days
    |
    38
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Praytor TREC #0310815 979-229-6000,

    Town & Country Realty

    Source: BCSMLS,MLS#: 25010499MLS LogoOriginating MLS: Bryan College Station Regional AOR

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Refrigerator, Electric Water Heater
      Features
      • Breakfast Area
      • Flooring: Carpet, Tile
      Interior area
      • Total structure area: 15,360
      • Total interior livable area: 15,360 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 0.96 Acres
      Details
      • Parcel number: 94594

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse, Multi Family
      Materials
      • Brick Veneer
      Condition
      • Year built: 2014

      Utilities & green energy

      • Utilities for property: Separate Meters

      Community & HOA

      Community
      • Subdivision: College Station Southwood
      HOA
      • Has HOA: No
      Location
      • Region: College Station

      Financial & listing details

      • Price per square foot: $143/sqft
      • Tax assessed value: $1,137,336
      • Annual tax amount: $21,688
      • Date on market: 10/10/2025
      • Cumulative days on market: 290 days

        Estimated market value

        $2,025,500

        $1.92M - $2.13M

        $2,553/mo

        Price history

        DateEventPrice
        10/12/2025Price change$2,200,000+10%$143/sqft
        Source: BCSMLS #25010499 Report a problem
        10/10/2025Listed for sale$2,000,200$130/sqft
        Source: BCSMLS #25010499 Report a problem
        6/23/2019Listing removed$1,050
        Source: BVP Management, Inc. Report a problem
        1/16/2019Listed for rent$1,050+7.7%
        Source: BVP Management, Inc. Report a problem
        12/8/2018Listing removed$975
        Source: Apartments Plus, Inc Report a problem
        8/15/2018Price change$975-11.4%
        Source: Apartments Plus, Inc Report a problem
        7/18/2018Listed for rent$1,100
        Source: Apartments Plus, Inc Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$21,688 +2.5%$1,137,336 +2.4%
        2024$21,168 +1.1%$1,110,799
        2023$20,938 -10.4%$1,110,799 +1.3%
        2022$23,377 -3.6%$1,096,409 +1.4%
        2021$24,258 $1,081,335 -15.1%
        2020-- $1,274,172 +15.4%
        2019$25,073 +37.2%$1,104,000 +7.3%
        2018$18,279 $1,028,480 +33.9%
        2017$18,279 +843.1%$767,880 +38.2%
        2016$1,938 $555,750 +82.9%
        2015$1,938 $303,910
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Central College Station

        Getting around

        32 / 100
        Car-Dependent
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: ,
        • District: College Station

        Source: BCSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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