4401 Carter Creek Pkwy #12 · Bryan, TX 77802

$109,000

1 bd · 1.0 ba · 720 sqft · Townhouse public records · 139 Days on market

Built 1978 2,727 sqft lot $151/sqft · 15% below area Est $128k · 15% under $150/mo HOA · 15% of rent

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +14.1/15.0
• Cash flow +7.6/30.0
• 1% rule +4.3/10.0
• Livability +3.8/5.0
• Rent growth +3.0/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• DSCR +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Quaint Loft-Style Townhome in Prime Bryan/College Station Location – Tenant in Place Through January 2027 Welcome to this charming 1-bedroom, 1-bath loft-style townhome ideally located in the heart of the Bryan/College Station metro area. Just minutes from Texas A & M University, Downtown Bryan, and major shopping, dining, and entertainment hubs, this property offers both convenience and low-maintenance living in an excellent location. With 788 square feet of thoughtfully designed space, this cozy townhome features an open-concept living and dining area, a functional kitchen, and a private loft bedroom that provides a comfortable retreat. Natural light fills the interior, creating a warm and inviting atmosphere, an excellent starter home, another investment or those looking to downsize into an efficient, easy-care townhome. The HOA provides exceptional value, covering all exterior maintenance, lawn care, water and sewer service, and blanket insurance, allowing for true lock-and-leave living and predictable monthly expenses. This property is currently tenant occupied through January 2027, making it an attractive opportunity for investors seeking immediate rental income in one of the most stable and high-demand rental markets in Brazos County. Whether you’re looking for a smart investment or a future personal residence near TAMU, Downtown Bryan, or anything BCS has to offer, this townhome boasts location, simplicity, and long-term value.

Key facts

• Private loft bedroom
• Loft style townhome
• $150 HOA

Tags

• LOFT STYLE TOWNHOME
• OPEN CONCEPT LIVING AND DINING
• PRIVATE LOFT BEDROOM
• NATURAL LIGHT FILLS INTERIOR
• LOCK AND LEAVE LIVING
• IMMEDIATE RENTAL INCOME

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath townhouse listed at $109k.

Deal economics

• At list price, monthly cash flow is $-131 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $86k (21.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $101k (7.2% below list).
• Recommended offer: $86k (21.2% below list) — sets the bar for cash-flow.
• Cap rate 4.9% vs local median 4.0% in Bryan — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 76/100 on livability (#99 in TX, #3,341 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, crime C-, amenities C-.
• Bryan ISD (urban): math 30% / reading 32% proficiency, ranked #608 of 826 in TX (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.8%/yr); 278 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,211 units permitted in Brazos County in 2024 (768 in 5+ unit buildings).
• This rent is only 17% of the median local income ($71k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $754 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Brazos County population projected at +55% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 139 days — a 12% lower offer ($96k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $85,919 (21.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 139 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.93% ✗
• Cap rate: 4.85%
• Cash-on-cash: -5.14%
• DSCR: 0.77
• GRM: 9.0

CMA / ARV

• ARV (median comp): $127,847
• List price: $109,000
• Delta: -14.74%
• Verdict: UNDERPRICED
• Comps: 10 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4401 Carter Creek Pkwy #13	0.00mi	1/1.0	720 (0%)	0mo	$104,900	$146	100

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.82% rent growth · sell at horizon

5-year hold

• IRR: -26.6%
• Equity multiple: 0.11×
• Total profit: $-27,047
• Equity at exit: $16,252

10-year hold

• IRR: -29.2%
• Equity multiple: -0.26×
• Total profit: $-38,521
• Equity at exit: $9,424

Cash invested: $30,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 77802

• Rents YoY: 1.8%
• Active inventory: 278
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $1,011 medium
• Mortgage (P&I): −$572
• Tax from tax record: −$163 /mo · $1,951/yr
• Insurance: −$45
• HOA: −$150
• Vacancy / Maint / Mgmt: −$212
• Net cashflow: $-131

Break-even live

Break-even rent $1,177

Max offer price $85,919

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $27,250
• Closing costs: $3,270
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
402 Summer Ct Unit 2B College Station, TX	2.0	2.0	750	$900	$1.20	44d	1	0.49mi

HOA detail

• Monthly dues: $150 · $1,800/yr
• Likely covers: watersewerlandscapingexterior maint.

Listing history 19 events

1. 2026-06-18
   days on market $109,000 Active 139 DOM
2. 2026-06-17
   days on market $109,000 Active 138 DOM
3. 2026-06-16
   days on market $109,000 Active 137 DOM
4. 2026-06-15
   days on market $109,000 Active 136 DOM
5. 2026-06-14
   days on market $109,000 Active 134 DOM
6. 2026-06-13
   days on market $109,000 Active 133 DOM
7. 2026-06-10
   days on market $109,000 Active 131 DOM
8. 2026-06-09
   days on market $109,000 Active 130 DOM
9. 2026-06-08
   days on market $109,000 Active 129 DOM
10. 2026-06-07
    days on market $109,000 Active 128 DOM
11. 2026-06-03
    days on market $109,000 Active 124 DOM
12. 2026-06-02
    days on market $109,000 Active 123 DOM
13. 2026-06-01
    days on market $109,000 Active 122 DOM
14. 2026-05-31
    days on market $109,000 Active 121 DOM
15. 2026-05-30
    days on market $109,000 Active 120 DOM
16. 2026-01-30
    listed $109,000 Active 1475-char remark

    Show marketing remark (1475 chars)

    Quaint Loft-Style Townhome in Prime Bryan/College Station Location – Tenant in Place Through January 2027 Welcome to this charming 1-bedroom, 1-bath loft-style townhome ideally located in the heart of the Bryan/College Station metro area. Just minutes from Texas A & M University, Downtown Bryan, and major shopping, dining, and entertainment hubs, this property offers both convenience and low-maintenance living in an excellent location. With 788 square feet of thoughtfully designed space, this cozy townhome features an open-concept living and dining area, a functional kitchen, and a private loft bedroom that provides a comfortable retreat. Natural light fills the interior, creating a warm and inviting atmosphere, an excellent starter home, another investment or those looking to downsize into an efficient, easy-care townhome. The HOA provides exceptional value, covering all exterior maintenance, lawn care, water and sewer service, and blanket insurance, allowing for true lock-and-leave living and predictable monthly expenses. This property is currently tenant occupied through January 2027, making it an attractive opportunity for investors seeking immediate rental income in one of the most stable and high-demand rental markets in Brazos County. Whether you’re looking for a smart investment or a future personal residence near TAMU, Downtown Bryan, or anything BCS has to offer, this townhome boasts location, simplicity, and long-term value.

17. 2023-12-09
    historical $575
18. 2023-12-06
    listed $575
19. 2006-01-06
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $1,951 · $163/mo
• Projected year-2 tax: $1,995 · $166/mo
• Expected delta: +$44/yr (+$4/mo · 2.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $12,136
• − Mortgage interest: −$6,106
• − Property taxes: −$1,951
• − Insurance: −$545
• − Repairs & maintenance: −$971
• − Management: −$971
• − HOA: −$1,800
• − Depreciation: −$3,171
• Taxable loss: −$3,378
• Est. tax savings @ 24.0%: +$811
• After-tax cash flow: $-757/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Bryan ISD
• NCES district ID: 4811790
• Math proficiency: 30% ▼ -8.00%
• Reading proficiency: 32% ▼ -3.00%
• Median HH income: $41,895
• Composite: 26.26/100
• National rank: #7253
• State rank: #608 of 826 in TX

Livability — Bryan

• Score: 76/100
• State rank: #99
• US rank: #3341

Category grades

Amenities C- Commute F Cost of living A+ Crime C- Employment D+ Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bryan, TX
• County: Brazos County · 233,400 people
• City population: 101,772
• Metro: College Station-Bryan, TX
• Population (ZIP): 25,762
• Household income: $70,666
• Rent vs Own: 49.1% rent · 50.9% own
• Severe rent burden: 1559.0

Population outlook (Brazos County) Hauer SSP2

• Today (2025): 267,942 people
• By 2030: 296,630 · +10.7%
• By 2040: 354,560 · +32.3%
• By 2050: 414,616 · +54.7%
• By 2075: 562,158 · +109.8%
• By 2100: 678,828 · +153.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 59% Hispanic / Latino 26% Two or more races 12% Black 11% Asian 2%
• Hispanic origin (detail): Mexican 23%
• Common ancestry: Lithuanian 3% Slovak 2% Italian 2%
• Foreign-born: 7% · Canada, South Korea
• Languages at home: 82% English-only · Spanish 15% Korean 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Brazos

• 2024 margin: Strong R (+24.9) · D 36.9% · R 61.7% · Other 1.4%
• 2008→2024 swing: +4.1pp toward D · 2008: -28.9pp · 2024: -24.9pp
• All cycles: 2024: R+24.9 2020: R+14.3 2016: R+23.7 2012: R+35.3 2008: R+28.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -148.67%
• Current HPI: 202.0858
• Rent YoY: ▲ 1.82%
• Metro: College Station-Bryan, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

4 events — show timeline

• 2026-01-30 Listed $109,000 BCSRMLS
• 2023-12-09 Rental Removed $575 BCSRMLS
• 2023-12-06 Listed for Rent $575 BCSRMLS
• 2006-01-06 Sold (Public Records) — Public Records

Property tax history

+7.4%/yr

Latest (2025): $1,951 · +7.7% YoY. Source: county tax records.