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B+
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Days47Days on Market
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$249,000

$263,900

326 Forest Dr, College Station, TX, 77840

On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths1,496 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$166.44 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size4,282 sqft

Building Information

Year Built2005
Stories2

Land Information

APN290485-0014-3260
SubdivisionGateway Villas Condos Ph 1
Land UseResidential
Legal DescriptionGATEWAY VILLAS CONDOS PH 1, BLDG N, UNIT 326 BLDG N, UNIT 326
Census Tract001301
Assessed Land Value$39,000
Assessed Improvement Value$257,622
Assessment Year2025

About this property

Excellent investment opportunity in a prime location! Just off University Drive and LESS THAN 2 MILES FROM TEXAS A&M UNIVERSITY CAMPUS, this 4-bedroom, 4-bath townhome offers easy access to restaurants, coffee shops, and retail within walking distance. The thoughtfully designed floor plan features an open-concept living, dining, and kitchen area on the main level, along with one bedroom, a full bath, and a convenient laundry space. Upstairs, three additional bedrooms each offer private en-suite baths and generous closet space. All of the plumbing in the unit has been upgraded, including the installation of a tankless water heater for added efficiency and convenience! Enjoy the privacy of a fenced back patio with no rear neighbors. Currently leased, making this a strong turnkey investment option. Schedule your showing today!

Investor Tools

$123,582Estimated Mortgage Balance
$173,040Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,780 /month
Positive
Cash Flow Estimate:
$593 /month

Interested in this property?

Kendra Hudson

Hudson Team, The

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,928
$296,622
2025
$39,000
$257,622
$296,622
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,928
$296,622

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$143,600
No
First
Jul 15, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,582
$173,040
58%
42%
$861/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,161/mo
+$439/mo
6.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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326 Forest Dr | Property Details | No Agent List