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$257,000

NAL Estimated Property Value

1001 Krenek Tap Rd Apt 802, College Station, TX, 77840

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,490 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$174.43 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size3,515 sqft

Building Information

Year Built2004
Stories2

Land Information

APN642700-0308-8020
SubdivisionWaterwood Townhome Condos Ph 3a
Land UseResidential
Legal DescriptionWATERWOOD TOWNHOME CONDOS PH 3A, BLDG 8, UNIT 802
Census Tract001702
Assessed Land Value$29,500
Assessed Improvement Value$212,346
Assessment Year2025

About this property

Check out this move-in ready 3-bedroom, 3-bathroom condo in the desirable Waterwood Townhomes subdivision! This home features tile and vinyl flooring throughout, stainless steel appliances, a smart home programmable thermostat, and a spacious patio. Each bedroom boasts a private bathroom and walk-in closet. Recent updates include a new A/C in 2022 and a new water heater in 2024. Enjoy the gated community’s heated whirlpool and pool, basketball courts, pond, and designated parking. Nearby amenities include Central Park, fishing ponds, volleyball courts, tennis courts, playgrounds, and walking trails. Conveniently located near a TAMU bus route and close to the College Station Police Department.

Investor Tools

Property Icon
$257,000
Estimated Property Value
$257,368Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
$205/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,828
$223,032
2025
$29,500
$212,346
$241,846
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,828
$223,032

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$262,382
Yes
First
Apr 1, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,368
N/A
0%
100%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$1,779/mo
$-299/mo
6.9%

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.

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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 802 | Property Details | No Agent List