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$181,182

NAL Estimated Property Value

1198 Jones Butler Rd Apt 1803, College Station, TX, 77840

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths583 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.63 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Water Heater

Exterior

Lot Size2,888 sqft

Building Information

Year Built2013
Stories1
Roof Type105

Land Information

APN378680-2218-1803
SubdivisionLakeridge Townhomes Condos Ph 2b
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 2B, BLDG 18, UNIT 1803 BLDG 18, UNIT 1803
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$138,182
Assessment Year2025

About this property

Comfy 1/1! Located just ONE MILE away from campus! On the TAMU bus route! GATED ENTRY with surveillance. Luxury finishes w/ granite counters, large walk-in closets and reserved parking spaces. The refrigerator, washer, and dryer convey. Amenities include a resort-style pool, hot tubs, clubhouse equipped with 160" screen in media room w/ theater-style seating, study areas, business center w/ free printing and Wi-Fi, pool table, 24-hour stand-up tanning booths, and fitness center. Water, sewer, trash, exterior, and lawn maintenance are all included! Privacy fenced patio, cable ready, high-speed internet, and pet-friendly! Check it out today! UNIT FEATURES Air conditioning, Balcony, deck, patio, Cable ready, Dishwasher, Fenced yard, Heat - electric, High speed internet, Microwave, Oven / range, Pet Friendly, Refrigerator, Walk-in closets

Investor Tools

Property Icon
$181,182
Estimated Property Value
$82,153Estimated Mortgage Balance
$99,029Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,087 /month
Positive
Cash Flow Estimate:
$362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,233
$181,182
2025
$43,000
$138,182
$181,182
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,233
$181,182

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$89,625
No
First
Dec 10, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,153
$99,029
54%
45%
$538/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$920/mo
$538/mo
+$382/mo
6.1%

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.

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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 1803 | Property Details | No Agent List