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202 Richards St - Richards Redevelopment 0.25 Acres of Residential Land Offered at $500,000 in College Station, TX 77840
Executive Summary
Prime redevelopment opportunity at 202 Richards Street, ideally located just minutes from Texas A&M University, Northgate, and major College Station attractions. This property sits in a high-demand area surrounded by student housing, retail, and dining—making it perfect for investors or developers. Unlock the full potential of this central location with a custom-built project in the heart of Aggieland.
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Property Facts
1 Lot Available
Lot 2
| Price | $500,000 | Lot Size | 0.25 AC |
| Price Per AC | $1,998,529.08 |
| Price | $500,000 |
| Price Per AC | $1,998,529.08 |
| Lot Size | 0.25 AC |
Seller has already begun engineering with a prelim sit plan to achieve 3 townhome lots from the 2 single family lots. Lots contain address 202 A Richards and 202 B Richards.
Description
202 A and 202 B Richards contain two (2) single family structures constructed in 1976. As the surrounding area has continued on a strong growth trajectory, the City of College Station has looked for ways to increase density in areas that are near Texas A&M University. The sales price results in a $200,000 per lot cost for townhome product that has a proven track record for lease up in the submarket.
Property Taxes
| Parcel Numbers | Improvements Assessment | $147,800 | |
| Land Assessment | $165,000 | Total Assessment | $312,800 |
Property Taxes
Parcel Numbers
Land Assessment
$165,000
Improvements Assessment
$147,800
Total Assessment
$312,800
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202 Richards St - Richards Redevelopment
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