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$420,000

16479 Riva Ridge Rd, College Station, TX, 77845

$546,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,898 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.29 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesWater Heater, Electric Water Heater
FlooringCarpet, Tile

Exterior

Lot Size1.44 acres

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN670200-0200-0980
Lot Number98
SubdivisionWoodlake Ph 2
Land UseResidential
Legal DescriptionWOODLAKE PH 2, LOT 98, ACRES 1.44
Census Tract002011
Assessed Land Value$108,461
Assessed Improvement Value$288,003
Assessment Year2025

About this property

Nestled on nearly 1.5 acres in the highly sought-after Woodlake neighborhood of South College Station, this 3-bedroom, 2-bath ranch-style home offers an exceptional opportunity to create the property of your dreams. Surrounded by mature trees, the spacious lot provides privacy, shade, and plenty of room to enjoy the outdoors. Inside, you'll find a desirable split-bedroom floor plan with oversized bedrooms throughout. The private primary suite features an ensuite bath, while the two secondary bedrooms share a conveniently located hall bath. While the home is ready for updating, it offers outstanding potential for customization and added value. A small climate-controlled room attached to the two-car garage provides flexible space for a home office, hobby room, workout area, or additional storage. An outbuilding offers even more storage for tools, equipment, or outdoor essentials. As a Woodlake resident, you'll also enjoy access to the neighborhood's private community lake, where you can spend your days fishing, kayaking, or paddle boarding while taking in the peaceful natural surroundings. If you've been searching for acreage, mature trees, lake access, and the opportunity to update a home in one of South College Station's most desirable neighborhoods, this Woodlake property is ready for your vision.

Investor Tools

$201,716Estimated Mortgage Balance
$893,284Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$546,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,570 /month
Positive
Cash Flow Estimate:
$2,190 /month

Interested in this property?

Katie Stephens

Walsh &Mangan Premier RE Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$810/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,251
$396,464
2025
$108,461
$288,003
$396,464
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,251
$396,464

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$224,333
No
First
May 11, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,716
$893,284
81%
18%
$1,345/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,785/mo
$-235/mo
1.7%

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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16479 Riva Ridge Rd | Property Details | No Agent List