Colonial Oaks Apartments offers a rare opportunity to acquire a 100% occupied, cash-flowing multifamily property just steps from Historic Downtown Brenham. The property consists of sixteen well-maintained units—twelve one-bedroom and four two-bedroom—spread across two buildings with covered parking. This charming mid-century complex features a quiet courtyard setting and convenient access to local shops, dining, and entertainment. Its proximity to Blinn College supports a steady tenant base of students and professionals. Located within a federally designated Opportunity Zone, Colonial Oaks combines strong in-place income with long-term upside. Investors can leverage unique redevelopment flexibility, including potential repositioning as short-term rentals or a boutique lodging concept. With a new roof, excellent maintenance record, and an
unbeatable walkable location, Colonial Oaks stands out as a secure investment opportunity in one of Brenham’s most desirable areas.
For sale
Price cut: $150K (4/7)
$1,650,000
401 E Main St, Brenham, TX 77833
2beds
13,200sqft
Est.:
Duplex
Built in 1960
-- sqft lot
$-- Zestimate®
$125/sqft
$-- HOA
What's special
Charming mid-century complexQuiet courtyard settingSixteen well-maintained unitsNew roof
- 6 days |
- 112 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Bobby Tyson TREC #0619706 832-721-5131,
Eastwood Realty,
Loren Miner TREC #0688074 626-826-5906,
Eastwood Realty
Source: HAR,MLS#: 95746430
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Electric, Window Unit(s)
Appliances
- Included: Disposal, Refrigerator
Features
- Flooring: Carpet, Concrete
- Windows: Window Coverings
Interior area
- Total structure area: 13,200
- Total interior livable area: 13,200 sqft
Video & virtual tour
Property
Parking
- Parking features: Carport, One Parking Unit
- Has carport: Yes
Features
- Stories: 2
- Exterior features: Balcony
Lot
- Size: 0.56 Acres
Details
- Parcel number: R24024
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Cement Siding, Wood Siding
- Roof: Other
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Utilities for property: Electricity Available, Water Connected
Community & HOA
Community
- Subdivision: East Main
Location
- Region: Brenham
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $1,133,890
- Annual tax amount: $18,866
- Date on market: 4/7/2026
- Lease term: 1 Year
Estimated market value
Not available
Estimated sales range
Not available
$1,089/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Price change | $1,650,000-8.3%$125/sqft |
Source: | ||
| 2/10/2026 | Listed for sale | $1,800,000-7.7%$136/sqft |
Source: | ||
| 8/13/2025 | Listing removed | $1,950,000$148/sqft |
Source: | ||
| 7/1/2025 | Listed for sale | $1,950,000$148/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,866 +15.6% | $1,133,890 +13.4% |
| 2024 | $16,314 +21.4% | $1,000,000 +22.6% |
| 2023 | $13,442 | $815,682 -11.2% |
| 2022 | -- | $918,443 +187.9% |
| 2021 | $6,498 -3% | $319,000 |
| 2020 | $6,702 -0.7% | $319,000 |
| 2019 | $6,747 | $319,000 |
| 2017 | -- | $319,000 +10% |
| 2016 | -- | $290,000 |
| 2015 | -- | $290,000 |
| 2014 | -- | $290,000 |
| 2013 | -- | $290,000 +5.4% |
| 2012 | -- | $275,060 |
| 2011 | -- | $275,060 |
| 2010 | -- | $275,060 |
| 2009 | -- | $275,060 |
| 2008 | -- | $275,060 +3.9% |
| 2007 | -- | $264,830 |
Find assessor info on the county website
Monthly payment
Est. payment
$9,738/mo
Principal & interest
$8157
Property taxes
$1581
More affordability tools
Climate risks
Neighborhood: 77833
Nearby schools
GreatSchools rating
- 7/10Brenham Elementary SchoolGrades: K-4Distance: 0.7 mi
- 4/10Brenham Junior High SchoolGrades: 7-8Distance: 1.1 mi
- 5/10Brenham High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Bisd Draw
- Middle: Brenham Junior High School
- High: Brenham High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Washington County
- Brenham
- 77833
- 401 E Main St



