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Days35Days on Market
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$2,999,900

1533 Pine Ridge Drive, College Station, TX, 77840

On MarketInfo
Baths0 Bath
Baths12,575 Sq Ft
ApartmentApartment
price_per_sqft$238.56 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesDryer, Electric Water Heater, Water Heater, Washer
FlooringVinyl

Exterior

Exterior FeaturesSprinkler Irrigation
Lot Size13,168 sqft

Building Information

Year Built2023
Stories2

Land Information

APN494000-0401-0010
Lot Number1
SubdivisionParkway Plaza Ph 4
Land UseRental-Apartments
Legal DescriptionPARKWAY PLAZA PH 4, BLOCK 1, LOT 1
Census Tract001606
Assessed Land Value$123,516
Assessed Improvement Value$677,969
Assessment Year2025

About this property

Beautifully envisioned and constructed 7-unit modern luxury condo complex designed by Winchester Architects and built in 2023 by Crowley Custom Homes. Fully leased since it was built with all current leases ending in July 2027. Each 4 bedroom and 4.5 bath unit features an open floor plan with a stunning quartz waterfall island with mitered edges, custom cabinets and luxury touches throughout including a built-in bar area and oversized walk-in pantry. The downstairs features the living area, dining area, powder bath for guests and one bedroom/bath and an oversized laundry room. All bedrooms have an en-suite bathroom with walk in closet. Luxury vinyl plank throughout and no carpet. Private parking lot with parking stickers. Units have monitored fire sprinklers. Owner pays for lawn care, the water for irrigation and provides the washer/dryer. Tenants pay for all utilities. Total rents of $17,200.

Investor Tools

$0Estimated Mortgage Balance
$801,485Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,999 /month
Positive
Cash Flow Estimate:
$6,000 /month

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Ardi Kiani

Maroon & White Property Mgmt

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,253
$801,485
2025
$123,516
$677,969
$801,485
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,253
$801,485

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$801,485
100%
0%
$0/mo

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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1533 Pine Ridge Drive | Property Details | No Agent List