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$264,900

1215 Merry Oaks Dr, College Station, TX, 77840

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,750 Sq Ft
price_per_sqft$151.37 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Heater, Dryer, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size14,039 sqft

Building Information

Year Built1981
Stories2
Roof Type105
Garage Spaces2

Land Information

APN183500-0090-0080
Lot Number8,26,LO
SubdivisionCarter's Grove Ph 1
Land UseResidential
Legal DescriptionCARTER'S GROVE PH 1, BLOCK 9, LOT 8 & 26' OF 9
Census Tract001302
Assessed Land Value$142,787
Assessed Improvement Value$157,835
Assessment Year2025

About this property

Located in an established neighborhood only a short walk from a TAMU shuttle bus stop and Merry Oaks Park, this home is a great option for first time buyers or investors. Sitting on a large wooded lot this home offers plenty of privacy. The two-story plan has all the bedrooms on the first floor with one large bonus room upstairs that is open to the downstairs living space. The split-bedroom plan offers 3 bedrooms, 2 full baths, a family room with a dramatic wood accented cathedral ceiling, a separate dining room that is open to the kitchen and a 2nd upstairs living area that also works great as a home office. All the bedrooms are spacious, and each has 2 closets. The convenient downstairs utility closet comes with the washer and dryer. The light filled kitchen offers a stainless electric range, microwave with vent, built-in dishwasher, garbage disposal, pantry and comes with refrigerator. A large deck with seating overlooks the wooded back yard with plenty of privacy. The oversized detached garage offers lots of extra storage space and the extra-long driveway offers lots of extra parking. This convenient location is within a short drive to all of College Station's restaurant and retail and amenities.

Investor Tools

$0Estimated Mortgage Balance
$308,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$833
$300,622
2025
$142,787
$157,835
$300,622
No

Tax History

Year
Tax Paid
Assessed Value
2024
$833
$300,622

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$308,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
N/A
+$1,480/mo
5.8%

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.

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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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1215 Merry Oaks Dr | Property Details | No Agent List