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$326,000

NAL Estimated Property Value

601 Preston St, College Station, TX, 77840

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths783 Sq Ft
price_per_sqft$319.28 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
FlooringCarpet, Vinyl

Exterior

Lot Size7,501 sqft

Building Information

Year Built1948
Stories1

Land Information

APN577600-0003-0130
Lot Number13
SubdivisionLloyd D Smith (Unrecorded)
Land UseResidential
Legal DescriptionLLOYD D SMITH (UNRECORDED), BLOCK 3, LOT 13
Census Tract001303
Assessed Land Value$180,000
Assessed Improvement Value$12,678
Assessment Year2025

About this property

Location, Location, Location! Incredible opportunity just over a mile from Texas A&M University and right around the corner from University Drive’s popular restaurant row, shopping, and entertainment. Situated on a 7,500 SF lot in the heart of town, this property offers endless possibilities for investment or building new in a prime central location. Existing structure is considered a tear-down and is not livable. Value is in the land and unbeatable location. Rare chance to secure a centrally located lot near campus! The possibilities are endless!

Investor Tools

Property Icon
$326,000
Estimated Property Value
$0Estimated Mortgage Balance
$326,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$439/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,640
$192,678
2025
$180,000
$12,678
$192,678
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,640
$192,678

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$326,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$920/mo
N/A
+$920/mo
3.4%

City: College Station

601 Preston St | Property Details | No Agent List