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$276,000

NAL Estimated Property Value

1001 Krenek Tap Rd Apt 2203, College Station, TX, 77840

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths1,590 Sq Ft
price_per_sqft$175.47 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler Irrigation
Lot Size3,515 sqft

Building Information

Year Built2006
Stories2

Land Information

APN642700-0422-2203
SubdivisionWaterwood Townhome Condos Ph 4
Land UseResidential
Legal DescriptionWATERWOOD TOWNHOME CONDOS PH 4, BLDG 22, UNIT 2203
Census Tract001702
Assessed Land Value$29,500
Assessed Improvement Value$228,324
Assessment Year2025

About this property

Discover the epitome of convenience and comfort in this modern, 4-bedroom, 4-bathroom condo in the highly desired Waterwood community, perfect for students seeking a blend of privacy and community living. Each spacious bedroom boasts its own bathroom, providing the luxury of personal space that's hard to come by. The heart of the home features a kitchen with lots of countertop space, ideal for culinary adventures or a quick snack between study sessions. Enjoy the peace of mind that comes with residing in a secure, gated complex, while a sparkling swimming pool and sports court await for leisure and recreation. Situated across from a fantastic public park, residents have immediate access to tennis courts and a paved walking trail for a healthy lifestyle. Proximity to a bus stop just a couple of blocks away ensures that commutes to campus are a breeze. Plus, with four dedicated parking spaces, there’s ample room for resident vehicles or visiting friends. This condo isn't just a home; it's a smart investment. The combination of an easy living lifestyle, generous room sizes, and individual bathrooms make it highly appealing in the student housing market. Whether you’re seeking a new home or an investment opportunity, this property promises comfort, convenience, and the potential for lasting value.

Investor Tools

Property Icon
$276,000
Estimated Property Value
$224,281Estimated Mortgage Balance
$51,719Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
$230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,982
$257,824
2025
$29,500
$228,324
$257,824
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,982
$257,824

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$228,650
No
First
Apr 1, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,281
$51,719
18%
81%
$1,371/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,601/mo
$-1/mo
7.0%

City: College Station

1001 Krenek Tap Rd Apt 2203 | Property Details | No Agent List