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$499,000

NAL Estimated Property Value

505 Francis Dr, College Station, TX, 77840

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,168 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.45 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available

Exterior

Lot Size16,932 sqft

Building Information

Year Built1938
Stories1
Roof Type105
Garage Spaces2

Land Information

APN194000-0070-0190
Lot Number19,85,L
SubdivisionCollege Hills Estates Ph 1
Land UseResidential
Legal DescriptionCOLLEGE HILLS ESTATES PH 1, BLOCK 7, LOT 19 & 85' OF 20
Census Tract001303
Assessed Land Value$197,006
Assessed Improvement Value$74,039
Assessment Year2025

About this property

New Roof installed 6/15/2025. Completely remodeled 4/4.5 house within biking distance of Texas A&M on a beautiful street in College Hills. House recently remodeled by local luxury builder, Crowley Custom Homes, to keep the historical and charming 1930's features intact. Original stone was painstakingly removed from the garage and reused. Garage was removed and new slab poured and rebuilt into living space. House features an open floor plan with refinished original hardwood floors, 4.5 new bathrooms with granite counters and custom cabinets. New kitchen with custom cabinets, granite counters and new appliances. A laundry room with full size W/D. New windows and concrete back porch. House leveled with 520' of new floor joists and 60' of beams replaced in original part of house plus 10 MSU supports added. Currently leased for $3800/month from August 2025 - July 2026.

Investor Tools

Property Icon
$499,000
Estimated Property Value
$432,089Estimated Mortgage Balance
$66,911Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
$24/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,740
$271,045
2025
$197,006
$74,039
$271,045
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,740
$271,045

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Extraco Banks Na
Conventional
$435,000
No
First
Sep 19, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,089
$66,911
13%
87%
$2,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,040/mo
$2,919/mo
$-1,879/mo
2.5%

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.

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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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505 Francis Dr | Property Details | No Agent List