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$182,625

NAL Estimated Property Value

1198 Jones Butler Rd Apt 3012, College Station, TX, 77840

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths583 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$308.75 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Built-In Electric Oven, Dishwasher, Electric Water Heater, Disposal, Water Heater, Dryer, Washer

Exterior

Private PoolPrivate Pool
Lot Size2,583 sqft

Building Information

Year Built2016
Stories1
Roof Type105

Land Information

APN378680-0330-3012
SubdivisionLakeridge Townhomes Condos Ph 3c
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 3C, BLDG 30, UNIT 3012
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$139,625
Assessment Year2025

About this property

This beautifully maintained 1 bedroom, 1 bathroom condo is the perfect investment to add to your portfolio! Located on the first floor at the popular Lakeridge Townhomes and Condos, making it very convenient for its new owner. Featuring a spacious floor plan with a large living room, open kitchen with eating bar and granite countertops. The complex is also gated with designated parking and on the TAMU Bus route! Neighborhood amenities include clubhouse with media room, study areas, business center, fitness center, resort style pool, hot tub and more! Internet and Water are included, with the monthly HOA Fee. Schedule your showing before it is gone!

Investor Tools

Property Icon
$182,625
Estimated Property Value
$113,865Estimated Mortgage Balance
$68,760Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,096 /month
Positive
Cash Flow Estimate:
$365 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
$124/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,215
$182,625
2025
$43,000
$139,625
$182,625
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,215
$182,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
Stand Alone First / Home Equity First Lien
$121,975
No
First
Oct 4, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,865
$68,760
37%
62%
$732/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$920/mo
$856/mo
+$64/mo
6.0%

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 3012 | Property Details | No Agent List