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$325,000

1198 Jones Bulter Road 203, College Station, TX, 77840

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,808 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$179.76 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher, Oven
FlooringCarpet, Vinyl

Exterior

Lot Size2,583 sqft

Building Information

Year Built2016
Stories2
Roof Type105

Land Information

APN378680-0415-1511
SubdivisionLakeridge Townhomes Condos Ph 4a
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 4A, BLDG 15, UNIT 1511
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$253,237
Assessment Year2025

About this property

4 bedroom 4.5 bath townhouse located in the upscale gated community of Lakeridge Townhomes! Only 1 mile from Texas A&M on bus route and a 10-minute bike ride to west campus. The 1st floor living and kitchen areas are spacious and include a full laundry room, walk-in pantry and a half bath. The kitchen features granite countertops, ample counter and cabinet space and a large breakfast bar. Upstairs, you will find four large bedrooms, each with its own ensuite bathroom for optimal privacy. Lakeridge offers a variety of amenities including designated parking, resort style pool, hot tub, clubhouse, gym, movie theater, basketball court and much more! HOA fees include cable, highspeed internet and water. Schedule your showing today!! Property is currently leased through June 2027 and a great opportunity for investors.

Investor Tools

$132,053Estimated Mortgage Balance
$164,184Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Wendy Cline

Wendy Cline Properties Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,217
$296,237
2025
$43,000
$253,237
$296,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,217
$296,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank And Trust Co
Purchase Money Mortgage
$147,150
No
First
Feb 24, 2021
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,053
$164,184
55%
45%
$883/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$1,108/mo
+$372/mo
6.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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