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$376,115

NAL Estimated Property Value

1198 Jones Butler Road 3011, College Station, TX, 77840

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths1,800 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$126.11 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Cooktop, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,583 sqft

Building Information

Year Built2016
Stories2
Roof Type105

Land Information

APN378680-0330-3011
SubdivisionLakeridge Townhomes Condos Ph 3c
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 3C, BLDG 30, UNIT 3011
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$333,115
Assessment Year2025

About this property

Wonderful opportunity for investor or Texas A&M/Blinn parents. Meticulously cared for 4 bedroom/4.5 bathroom townhouse/condo situated in the gated community of Lakeridge. On the Texas A&M bus route and convenient to all amenities. Spacious family room is open to great size kitchen with breakfast bar. Utility room with additional storage and half bath for guests on first floor. Bedrooms are large with walk-in closets and big windows for lots of natural light. All four showers with custom frosted glass sliding doors. Backyard patio gated plus 4 reserved parking spots. First floor furniture included in sale (sectional, oversized chair, media stand, standing lamp, barstools, fridge, washer/dryer and most decor in main areas). Must see, this is a charming townhome/condo!!

Investor Tools

Property Icon
$376,115
Estimated Property Value
$237,728Estimated Mortgage Balance
$138,387Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,257 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$706/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,589
$376,115
2025
$43,000
$333,115
$376,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,589
$376,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Citizens Bank & Trust Co
Open End Mortgage / Open End With Future Advance Clause
$252,000
No
First
May 26, 2023
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,728
$138,387
36%
63%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,731/mo
$-131/mo
5.1%

City: College Station

1198 Jones Butler Road 3011 | Property Details | No Agent List