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$329,000

1198 Jones Butler Road 703, College Station, TX, 77840

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths1,856 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$177.26 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

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 Built2012
Stories2
Roof Type105

Land Information

APN378680-2107-0703
SubdivisionLakeridge Townhomes Condos Ph 2a
Land UseResidential
Legal DescriptionLAKERIDGE TOWNHOMES CONDOS PH 2A, BLDG 7, UNIT 703 BLDG 7, UNIT 703
Census Tract002024
Assessed Land Value$43,000
Assessed Improvement Value$329,700
Assessment Year2025

About this property

One of the BEST Lakeridge Townhomes to hit the market! Centrally located in this popular GATED complex, this move in ready condo has a BONUS as all bedroom furniture conveys along with most of the common area furnishings allowing for an easy move in! This 4 bedroom/4.5 bath condo is ideally located backing up to the pool with no back neighbor. Each of the 4 spacious bedrooms have a private bathroom & large walk-in closet and come furnished with bed/headboard, nightstands, dressers & desks! The kitchen features granite counters, updated hardware, 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 large private fully fenced patio! The condo has 4 RESERVED parking spots for ease of parking - a rare amenity. A short walk leads to 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. 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. Washer, dryer & refrigerator convey! Updated paint pallet, updated carpet & new kitchen hardware! Whether you're an investor or a student looking for the perfect home, this pristine condo is a must-see!

Investor Tools

$232,835Estimated Mortgage Balance
$139,865Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,236 /month
Positive
Cash Flow Estimate:
$745 /month

Interested in this property?

Bradley Corrier

Keller Williams Realty B/V

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
$281/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,490
$372,700
2025
$43,000
$329,700
$372,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,490
$372,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$246,500
No
First
Jul 8, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,835
$139,865
37%
62%
$1,408/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,689/mo
$-89/mo
5.2%

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 703 | Property Details | No Agent List