1604 Leona Drive, College Station, TX 77840

• 3 beds |
• 2 baths |
• 1,152 sqft

Property Description

Smart investment opportunity in desirable South Knoll neighborhood. This 3-bed, 2-bath townhouse achieves the exceptional 1% Rule with $1,850 monthly rental income on $185,000 purchase price. Turnkey Features: Recently maintained 1,152 sq ft unit with central heat and cooling, efficient electric systems. One-story layout with detached carport. Furniture package available for purchase with property—move-in ready for passive investors. Income Details: Month-to-month lease continues through December 2026; new owner can occupy or maintain rental income. Stable tenant history with reliable payments. Smart Location: On transit Route 31 ("Elephant Walk"). Close to South Knoll Elementary and A&M Consolidated High School. Near Texas A&M campus and College Station employment centers. Investment Appeal: Built 1970 with proven rental history. No HOA fees. Public utilities included. At $185,000 with active income and complete furnishings, this property offers immediate cash flow for buy-and-hold investors or owner-occupancy option. Good entry-level investment property. Seller is a licensed real estate agent.

Listing Status:

Active

Data Last Updated:

July 7, 2026 at 1:20PM

Listing Office:

Jerman Realty Inc : (254) 721-7045

Listing Agent:

Chase Robinson : (903) 399-0997

MLS ID:

26001054

Interior

• General: Ceiling Fan(s)
• Appliances: Electric Water Heater
• Flooring: CarpetLaminateTile
• A/C: Central AirElectric
• Heating: CentralElectric
• Disability Feature: None

Exterior

• Parking: Detached Carport

Construction

• Roofing: Flat
• General: 1

Location

• Originating MLS: BCS_BCS
• School District: College Station
• County: Brazos

Lot

• Zoning: 47173

Utilities

• Utilities: Sewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BCS_BCS