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$247,000

1198 Jones Butler Road 3005, College Station, TX, 77840

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,272 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$194.18 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler Irrigation
Lot Size2,583 sqft

Building Information

Year Built2016
Stories2
Roof Type105

Land Information

APN378680-0330-3005
SubdivisionLakeridge Townhomes Condos Ph 3c
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 3C, BLDG 30, UNIT 3005
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$253,237
Assessment Year2025

About this property

Fantastic investment opportunity in the highly sought-after Lakeridge Townhomes Condos, a gated community conveniently located just minutes from Texas A&M University! This spacious 3-bedroom, 3-bathroom condo offers an ideal combination of comfort, privacy, and convenience. Each bedroom features its own en-suite bathroom and walk-in closet, making the layout work well for roommates or individual tenants. The open-concept kitchen and living area creates a welcoming space for relaxing and entertaining, while three reserved parking spaces provide added convenience. Residents enjoy an impressive selection of resort-style amenities, including a clubhouse, fitness center, movie theater, game room, dedicated study spaces, sparkling pool and hot tub, outdoor grilling area, and sports courts. Plus, a Texas A&M bus stop is located right outside the community for easy access to campus. HOA fees include internet, adding even more value. Whether you're looking to expand your investment portfolio or purchase a property near Texas A&M, this Lakeridge condo is one you won't want to miss. Schedule your private showing today!

Investor Tools

$151,509Estimated Mortgage Balance
$144,728Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,777 /month
Positive
Cash Flow Estimate:
$592 /month

Interested in this property?

Kendra Hudson

Hudson Team, The

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
$257/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,217
$296,237
2025
$43,000
$253,237
$296,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,217
$296,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Conventional
$165,600
No
First
Feb 18, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,509
$144,728
48%
51%
$993/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$1,250/mo
+$230/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.

Explore Texas Explore This Area
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 Road 3005 | Property Details | No Agent List