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$296,091

NAL Estimated Property Value

222 Forest Dr, College Station, TX, 77840

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,492 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.24 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size4,282 sqft

Building Information

Year Built2005
Stories2

Land Information

APN290485-0023-2220
SubdivisionGateway Villas Condos Ph 1
Land UseResidential
Legal DescriptionGATEWAY VILLAS CONDOS PH 1, BLDG W, UNIT 222 BLDG W, UNIT 222
Census Tract001301
Assessed Land Value$39,000
Assessed Improvement Value$257,091
Assessment Year2025

About this property

***Pre-leasing for July 2025 Move-In*** You don't want to miss the opportunity to lease this well maintained 3 bedroom, 3 bathroom condo located just blocks from shopping, restaurants, and the TAMU bus and bike route with easy access to the HWY 6 and TAMU. This condo offers granite counter tops, and tile in the living areas with carpet in the bedrooms. Each bedroom has great closet space with lots of other storage through out the house. Refrigerator, washer and dryer are included. The Gateway Villas community has a pool as well. Schedule your tour today!

Investor Tools

Property Icon
$296,091
Estimated Property Value
$124,938Estimated Mortgage Balance
$171,153Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,777 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,920
$296,091
2025
$39,000
$257,091
$296,091
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,920
$296,091

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$137,600
No
First
Jul 1, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,938
$171,153
57%
42%
$825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$825/mo
+$655/mo
6.0%

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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222 Forest Dr | Property Details | No Agent List