Description
Outstanding opportunity in established neighborhood. This well-maintained 3-bed, 1-bath home recently renovated in 2023 features 1,228 sq ft on a spacious 10,463 sq ft lot. Single story with carport parking and public utilities. Strong Income: Current lease generates $2,250/month—achieving the coveted 1% Rule investors seek. Lease can continue or be terminated for owner-occupancy. Value-Add Potential: Insulated storage building adjacent to home can be converted to a fourth bedroom with potential for full bathroom installation. This conversion-ready bonus space significantly increases property value and rental income appeal. Solid Fundamentals: Built 1945 on pier foundation; recently updated with modern systems. Space heating and window cooling. Chain-link fencing and established landscaping. Smart Investment: At $225,000 with demonstrated income, expansion potential, and strong fundamentals, this property appeals to buy-and-hold investors, house hackers, and owner-occupants seeking income. Close to elementary school; convenient to area amenities and employment centers. Storage building beside the house has been insulated. Can be converted to a fourth bedroom and potential to install a full bathroom. Renovated in 2023. Seller is a licensed real estate agent.
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3BEDS
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0.24ACRES
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1BATHS
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01/2 BATHS
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1,228SQFT
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$183$/SQFT
Description
Outstanding opportunity in established neighborhood. This well-maintained 3-bed, 1-bath home recently renovated in 2023 features 1,228 sq ft on a spacious 10,463 sq ft lot. Single story with carport parking and public utilities. Strong Income: Current lease generates $2,250/month—achieving the coveted 1% Rule investors seek. Lease can continue or be terminated for owner-occupancy. Value-Add Potential: Insulated storage building adjacent to home can be converted to a fourth bedroom with potential for full bathroom installation. This conversion-ready bonus space significantly increases property value and rental income appeal. Solid Fundamentals: Built 1945 on pier foundation; recently updated with modern systems. Space heating and window cooling. Chain-link fencing and established landscaping. Smart Investment: At $225,000 with demonstrated income, expansion potential, and strong fundamentals, this property appeals to buy-and-hold investors, house hackers, and owner-occupants seeking income. Close to elementary school; convenient to area amenities and employment centers. Storage building beside the house has been insulated. Can be converted to a fourth bedroom and potential to install a full bathroom. Renovated in 2023. Seller is a licensed real estate agent.
© 2026 Bryan-College Station Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 20/20. Data last updated 2026-07-21T14:33:44.763.
Listing information © 2026 Bryan-College Station Regional Multiple Listing Service. Listing provided courtesy of Chase Robinson of Jerman Realty Inc: (254) 721-7045.