




$650,000
1198 Jones Butler Road Multi, College Station, TX, 77840
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About this property
Rare chance to purchase two income-producing townhome units in upscale, gated Lakeridge Townhomes in College Station! Just 1 mile from Texas A&M, on TAMU Bus Routes #35 & #36, and a 10-minute bike ride to West Campus. Each 4-bedroom, 4.5-bathroom unit offers 1,808 sq. ft. with a spacious first-floor living area, gourmet kitchen with granite countertops, walk-in pantry, laundry room, and half bath. Upstairs, each bedroom has its own private ensuite bath for optimal privacy. Community amenities include a resort-style pool, hot tub, clubhouse, fitness center, movie theater, basketball court, and gated entry with four assigned parking spaces per unit. HOA dues cover cable, high-speed internet, and water. With unit 2708 & 203 as fully rented through July 2027, this package is perfect for investors seeking a turn-key opportunity in a high-demand rental market.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: College Station
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