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$320,000

1198 Jones Butler RD 3011, College Station, TX, 77840

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths5 Bath
Baths1,800 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$177.78 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Free Standing Range, Disposal, Microwave, Oven, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size2,583 sqft

Building Information

Year Built2016
Stories2
Roof Type105

Land Information

APN378680-0330-3011
SubdivisionLakeridge Townhomes Condos Ph 3c
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 3C, BLDG 30, UNIT 3011
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$333,115
Assessment Year2025

About this property

Well-maintained 4 bed/4.5 bath townhouse located in Lakeridge gated community located minutes away from the Texas A&M campus and directly on TAMU bus route. 4 spacious bedrooms on upper 2 floors, each have walk-in closet and ensuite bathroom. The 1st floor features granite countertops and eating bar in kitchen, spacious living area with couch, coffee table, and entertainment center with TV, guest bath and utility with washer and dryer. Enjoy community clubhouse amenities with resort-style pool and hot tub, fitness center, study/conference rooms, movie room, pool tables, and much more. Only 5 min drive away is Jones Crossing complex with HEB and variety of restaurants, and 5 min walk away is John Crompton park with scenic walking trail, picnic areas, and basketball court. *Limited Service Listing: Buyer to verify all statements.

Investor Tools

Property Icon
$376,115
Estimated Property Value
$0Estimated Mortgage Balance
$139,210Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,257 /month
Positive
Cash Flow Estimate:
$752 /month

Interested in this property?

Christopher Matthews

Austin Home Seekers

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$706/month
$286/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,589
$376,115
2025
$43,000
$333,115
$376,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,589
$376,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Citizens Bank & Trust Co
Open End Mortgage / Open End With Future Advance Clause
$252,000
No
First
May 26, 2023
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,905
$139,210
37%
63%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,797/mo
$-197/mo
5.1%

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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1198 Jones Butler RD 3011 | Property Details | No Agent List