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$575,000

703 Lee Avenue, College Station, TX, 77840

$594,461 ARVInfo
PendingInfo
Beds5 Beds
Baths4 Bath
Baths2,439 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.75 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
FlooringTile, Vinyl

Exterior

Lot Size12,798 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN678500-0002-0050
Lot Number5
SubdivisionWoodson Village Ph 1
Land UseResidential
Legal DescriptionWOODSON VILLAGE PH 1, BLOCK 2, LOT 5
Census Tract001608
Assessed Land Value$221,568
Assessed Improvement Value$228,432
Assessment Year2025

About this property

Rare find in the highly sought after Southside Historic District within walking distance of Kyle Field. This 5/3.5 with dual masters has lots of room to spread out with multiple living areas plus a sunroom. It has received a light remodel with all 4 bathrooms being updated, new granite in kitchen, new interior paint and faux hardwood vinyl plank. Roof replaced in 2025. House has 2 HVAC systems with one being replaced recently. Great for Aggie gamedays, the house has two fireplaces - one wood burning and one faux plus a flex space that can be used as a bar area or game room. Sunroom is non heated or cooled but has plenty of windows for natural light that opens to an oversized backyard. Separate laundry room and 2 car garage with very large storage closet. House is leased until 7/31/2026 but tenants are willing to vacate by 5/31/2026.

Investor Tools

$287,741Estimated Mortgage Balance
$500,259Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$594,460
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,728 /month
Positive
Cash Flow Estimate:
$1,576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$968/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,680
$450,000
2025
$221,568
$228,432
$450,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,680
$450,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
1st Alliance Mortgage Llc
Conventional
$318,750
No
First
Apr 15, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,741
$500,259
63%
37%
$1,912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,912/mo
$-312/mo
2.4%

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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