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$492,549

1612 Armistead St, College Station, TX, 77840

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.93 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size10,001 sqft

Building Information

Year Built1960
Stories1
Garage Spaces4

Land Information

APN538500-0002-0070
Lot Number7
SubdivisionRedmond Terrace
Land UseResidential
Legal DescriptionREDMOND TERRACE, BLOCK 2, LOT 7
Census Tract001607
Assessed Land Value$210,000
Assessed Improvement Value$282,549
Assessment Year2025

About this property

Attention investors or those with an eye for design and decorating! This home is ready for you to take and put your own personal touches on. Completely ready for a renovation! This house has so much potential for the right person. Located 1 block from TAMU golf course and campus, the investment opportunities here are endless. Great for your Aggie Student to spend their years at A&M at and then sell, saving you on rent...or hold it as a rental property for years to come! Large covered patio and backyard will be great spots for pregame activities for home games-then you can walk to the stadium. Large living area and dining room-plus an extra living area for a quiet space to study--or with a little renovation could be a great 4th bedroom as well. Some original wood flooring under carpeted areas would be beautiful restored! Bonus: Owner will be adding a new roof prior to closing! Some images have been virtually remodeled.

Investor Tools

Property Icon
$492,549
Estimated Property Value
$0Estimated Mortgage Balance
$492,549Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,955 /month
Positive
Cash Flow Estimate:
$985 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,299
$492,549
2025
$210,000
$282,549
$492,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,299
$492,549

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$492,549
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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1612 Armistead St | Property Details | No Agent List