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$188,000

NAL Estimated Property Value

1198 Jones Butler 2003, College Station, TX, 77840

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths611 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$302.78 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size2,888 sqft

Building Information

Year Built2012
Stories1
Roof Type105

Land Information

APN378680-2220-2003
SubdivisionLakeridge Townhomes Condos Ph 2b
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 2B, BLDG 20, UNIT 2003 BLDG 20, UNIT 2003
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$140,574
Assessment Year2025

About this property

Charming and well-located one bedroom, one bathroom downstairs Lakeridge Townhome Condo in a secured gated community. This single-story unit offers easy access and convenience, situated directly on the bus route and just minutes from Texas A&M University. Features include designated parking and prime location backing up to the community clubhouse for added privacy and accessibility. Residents enjoy a full suite of amenities including a pool, hot tub, basketball court and clubhouse. Currently fully leased through July 2027, this property presents an excellent investment opportunity with immediate rental income in place.

Investor Tools

Property Icon
$188,000
Estimated Property Value
$0Estimated Mortgage Balance
$188,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
$169/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,206
$183,574
2025
$43,000
$140,574
$183,574
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,206
$183,574

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$188,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$920/mo
$169/mo
+$751/mo
5.9%

City: College Station

1198 Jones Butler 2003 | Property Details | No Agent List