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$339,136

NAL Estimated Property Value

1198 Jones Butler Rd Apt 106, College Station, TX, 77840

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,632 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$180.76 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Disposal, Microwave, Refrigerator, Water Heater, Electric Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size2,888 sqft

Building Information

Year Built2010
Stories2
Roof Type105

Land Information

APN378680-1101-0106
SubdivisionLakeridge Townhomes Condos Ph 1a
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 1A, BLDG 1, UNIT 106 BLDG 1, UNIT 106
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$296,136
Assessment Year2025

About this property

Discover condominium living at its finest with this beautifully maintained condo end unit conveniently located just near Wellborn and roughly 2 miles from campus. With easy access from 3 assigned parking spaces, this residence offers a blend of comfort and convenience, presenting an exceptional opportunity for discerning buyers. The condominium includes three bedrooms and three ensuite bathrooms in each bedroom and a half bath on the first floor in the kitchen, providing plentiful space to relax and unwind. Recent features include a two-year-old water heater that includes an additional hot water reservoir and a dryer that was replaced one year ago. The condo comes fully furnished with beds, dressers, desks, living room couch and tables, barstools, and kitchen table/chairs--ready to lease out this summer. The gas grill and outdoor furniture also convey! Envision the possibilities for creating a home environment that suits your lifestyle, from welcoming guests to enjoying quiet evenings along with access to the Lakeridge Clubhouse with featuring a movie theater, gym, multiple study rooms, pool table & table tennis, open area and a basketball court. Built in 2010, this Lakeridge condominium presents a fantastic opportunity to own a comfortable home. This property represents a unique opportunity to embrace a simplified lifestyle in a well-situated location.

Investor Tools

Property Icon
$339,136
Estimated Property Value
$178,329Estimated Mortgage Balance
$160,807Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,035 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
$245/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,930
$339,136
2025
$43,000
$296,136
$339,136
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,930
$339,136

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Conventional
$180,000
No
First
Jun 6, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,329
$160,807
47%
53%
$1,198/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$1,443/mo
+$37/mo
5.2%

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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1198 Jones Butler Rd Apt 106 | Property Details | No Agent List