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$286,850

NAL Estimated Property Value

1198 Jones Butler Rd Apt 2906, College Station, TX, 77840

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,254 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$195.37 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size2,888 sqft

Building Information

Year Built2013
Stories2
Roof Type105

Land Information

APN378680-2229-2906
SubdivisionLakeridge Townhomes Condos Ph 2b
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 2B, BLDG 29, UNIT 2906 BLDG 29, UNIT 2906
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$243,850
Assessment Year2025

About this property

Discover this charming 2-bed, 2.5-bath condo located in the gated Lakeridge Townhome Condominium community. The entryway leads up to the 2nd level, featuring a spacious living area with wood-like vinyl flooring that flows through the kitchen, breakfast nook, and half bath. On the 3rd level, you’ll find two ensuite bedrooms with cozy carpet, bay windows and generous walk-in closets. Enjoy two RESERVED PARKING spots in front of the unit and top-notch amenities, including a private lake, clubhouse with pool and ping-pong tables, social areas, multiple conference rooms, an exercise gym, a movie theater, a basketball court, and a resort-style pool with tanning decks, and BBQ pits. Conveniently located in the ever-expanding area of College Station and on the Texas A&M bus route. Whether you are looking for a place to live, or to invest, this condo has so much to offer!

Investor Tools

Property Icon
$286,850
Estimated Property Value
$98,090Estimated Mortgage Balance
$90,670Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,721 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
$173/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,955
$286,850
2025
$43,000
$243,850
$286,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,955
$286,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chevron Fcu
Conventional
$100,000
No
First
Apr 10, 2025
May 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,090
$188,760
65%
34%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$920/mo
$773/mo
+$147/mo
3.8%

City: College Station

1198 Jones Butler Rd Apt 2906 | Property Details | No Agent List