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$369,036

NAL Estimated Property Value

1198 Jones Butler Rd Apt 402, College Station, TX, 77840

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths1,856 Sq Ft
price_per_sqft$180.5 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Electric Water Heater, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size2,888 sqft

Building Information

Year Built2011
Stories2
Roof Type105

Land Information

APN378680-1204-0402
SubdivisionLakeridge Townhomes Condos Ph 1b
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 1B, BLDG 4, UNIT 402 BLDG 4, UNIT 402
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$326,036
Assessment Year2025

About this property

Welcome to this 4 bedroom/4.5 bath condo in the popular gated community of Lakeridge Townhome Condos! This unit is conveniently located just across from the clubhouse featuring a fitness center, theater room, rec room, stocked coffee station, study rooms & more. Other amenities include resort style pool with BBQ grills & a sport court. HOA fee includes internet, water, blanket insurance & more. Located within biking distance to Texas A&M, conveniently located on the Texas A&M bus stop & minutes away from the Jones Crossing shopping center (with HEB). Each of the 4 spacious bedrooms has a private bathroom & large walk-in closet. The kitchen features granite counter tops, eating bar, pantry, microwave/vent, refrigerator, electric range & dishwasher. The large light filled living space opens to the dining & kitchen with a half bath & utility room on the main floor. Just off of the kitchen is a door leading to a private fully fenced patio! As an added bonus the condo comes partially furnished with the living room furniture including TV, sofa, coffee table, kitchen table with chairs & barstools. Also included are the washer, dryer & refrigerator. The condo has 4 RESERVED parking spots for ease of parking. A great location close to campus, on a shuttle bus stop and great amenities make Lakeridge Condos a fantastic community to live in! Whether you're an investor or a student looking for the perfect home, this townhome is a must-see!

Investor Tools

Property Icon
$369,036
Estimated Property Value
$0Estimated Mortgage Balance
$369,036Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
$281/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,490
$369,036
2025
$43,000
$326,036
$369,036
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,490
$369,036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$369,036
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$281/mo
+$1,319/mo
5.2%

Learn About the Market: Opportunity in Texas

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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 402 | Property Details | No Agent List