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$276,000

NAL Estimated Property Value

1001 Krenek Tap Rd Apt 604, College Station, TX, 77840

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,590 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$0.69 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3,515 sqft

Building Information

Year Built2004
Stories2

Land Information

APN642700-0206-6040
SubdivisionWaterwood Townhome Condos Ph 2
Land UseResidential
Legal DescriptionWATERWOOD TOWNHOME CONDOS PH 2, BLDG 6, UNIT 604
Census Tract001702
Assessed Land Value$29,500
Assessed Improvement Value$223,015
Assessment Year2025

About this property

Available for rent starting 8/1/2025, this spacious 4-bedroom, 4-bathroom home offers 2 private bedrooms, each with its own bathroom, perfect for students looking for comfort and convenience near Texas A&M University. You’ll be roommates with two male Texas A&M engineering students, making it an ideal environment for academic focus and social living. The gated community includes assigned parking spots, a private pool, and a basketball court, while the shuttle bus to Texas A&M is just a short walk away. Enjoy the nearby Central Park with fishing ponds, volleyball and tennis courts, and scenic walking trails, along with shopping and dining just minutes away. The common areas of the home are furnished for added convenience. Don’t miss out on this opportunity—contact an agent today to schedule a tour!

Investor Tools

Property Icon
$276,000
Estimated Property Value
$188,329Estimated Mortgage Balance
$87,671Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,879
$252,515
2025
$29,500
$223,015
$252,515
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,879
$252,515

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$196,000
No
First
Feb 1, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,329
$87,671
31%
68%
$1,239/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,239/mo
+$361/mo
7.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: College Station

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1001 Krenek Tap Rd Apt 604 | Property Details | No Agent List