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$183,000

1198 Jones Butler 2901, College Station, TX, 77840

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths611 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$299.51 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

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 Built2013
Stories1
Roof Type105

Land Information

APN378680-2229-2901
SubdivisionLakeridge Townhomes Condos Ph 2b
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 2B, BLDG 29, UNIT 2901 BLDG 29, UNIT 2901
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$140,574
Assessment Year2025

About this property

Excellent one bedroom, one bathroom Lakeridge Townhome Condo, nicely situated in a fully gated community just minutes from Texas A&M University. This desirable single-story, downstairs unit offers easy access and comfortable living. Enjoy the convenience of being on the bus route, along with designated parking and close proximity to the community clubhouse pool, and hot tub for relaxing or entertaining. The well-maintained grounds and amenities add to the appeal of this sought-after community. Currently fully leased through July 2027, this property presents an excellent turnkey investment opportunity with immediate and reliable income.

Investor Tools

$0Estimated Mortgage Balance
$183,574Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,101 /month
Positive
Cash Flow Estimate:
$367 /month

Interested in this property?

Mary Whitworth

Keller Williams Realty Brazos Valley office

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
$169/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,233
$183,574
2025
$43,000
$140,574
$183,574
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,233
$183,574

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$183,574
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$920/mo
$169/mo
+$751/mo
6.0%

City: College Station

1198 Jones Butler 2901 | Property Details | No Agent List