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$372,700

NAL Estimated Property Value

1198 Jones Butler Rd Apt 705, College Station, TX, 77840

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths1,856 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$204.74 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Built-In Electric Oven, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Private PoolPrivate Pool
Lot Size2,888 sqft

Building Information

Year Built2012
Stories2
Roof Type105

Land Information

APN378680-2107-0705
SubdivisionLakeridge Townhomes Condos Ph 2a
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 2A, BLDG 7, UNIT 705 BLDG 7, UNIT 705
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$329,700
Assessment Year2025

About this property

This gated community close to Texas A&M is on the bus route & about 1 mile to Kyle Field. It is possibly one of the nicest units in the complex, no money was spared on all the custom finishes. This remarkably updated home offers luxury resort living for you or investment opportunity. The patio opens to the pool and outdoor grill! It offers the largest 4 bedroom, 4.5 bath floor plan in the Lakeridge community. The 1st floor living & kitchen areas boast high ceilings, durable wood vinyl flooring, & large windows w/ wood blinds flooding the rooms w/ natural light. All bedrooms are spacious w/ a large bay window that nicely accommodates for a work station, an en-suite bathroom w/ new high end quartzite counters, walk-in closets, & ceiling fans. Upgrades include new tongue & groove wood ceiling throughout the downstairs, high end granite kitchen counters & backsplash, new stainless steel kitchen farm style sink, new microwave, new cabinet hardware throughout the home, completely repainted interior, new high end Samsung W/D. New paint, wallpaper, vanity, marble counter tops & fixtures in powder room, new pendant lights over kitchen bar area, new high end quartzite counter top, sinks, fixtures, backlit mirrors in upstairs bathrooms. REME Halo air purifier system installed in air handler system, and HVAC system has been converted from analog to digital. Amenities include swimming pool w/ hot tub, outdoor grill, basketball court, fitness center, movie theater, game room, & study rooms

Investor Tools

Property Icon
$372,700
Estimated Property Value
$141,341Estimated Mortgage Balance
$231,359Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$679/month
$236/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,290
$372,700
2025
$43,000
$329,700
$372,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,290
$372,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$157,500
No
First
Jan 28, 2021
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,341
$231,359
62%
38%
$945/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,181/mo
+$419/mo
5.2%

City: College Station

1198 Jones Butler Rd Apt 705 | Property Details | No Agent List