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$298,000

801 Luther St W Unit 1505, College Station, TX, 77840

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,600 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$190.94 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Electric Water Heater, Washer
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size3,128 sqft

Building Information

Year Built2003
Stories2
Roof Type105

Land Information

APN277170-0215-1505
SubdivisionFox Run Condos Ph 2
Land UseResidential
Legal DescriptionFOX RUN CONDOS PH2, BLDG 15, UNIT 1505
Census Tract002023
Assessed Land Value$18,500
Assessed Improvement Value$262,798
Assessment Year2025

About this property

Welcome to 801 Luther Street W #1505 — a beautifully maintained 3-bedroom, 3-bath corner unit in the sought-after, gated Fox Run Condominiums. Ideally located within biking distance and along the shuttle route to Texas A&M University, this two-story condo is designed for ease, comfort, and convenience. The spacious layout features two bedrooms and two full baths on the main level, with a private upstairs bedroom and bath for guests or roommates. Inside, you’ll find a bright open floor plan, soaring vaulted ceilings, built-in shelving, laminate wood flooring, and tile in wet areas for easy maintenance. Freshly painted kitchen cabinets with ample countertop space, an eating bar, dining area, and all newer appliances — plus washer, dryer, and fridge included. Enjoy your morning coffee or unwind after class on your private balcony with extra storage closet. With a brand-new water piping system (2024), AC system replaced (2021), and assigned parking right out front, peace of mind is built in. Community amenities include a sparkling pool, sand volleyball court, BBQ grills, and a covered bus stop just a short walk from your door. Some furniture is negotiable. Whether you’re attending the university, a parent investor, or a savvy buyer, this condo is a smart move and a great lifestyle.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$0Estimated Mortgage Balance
$298,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,833 /month
Positive
Cash Flow Estimate:
$611 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,505
$281,298
2025
$18,500
$262,798
$281,298
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,505
$281,298

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$298,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$220/mo
+$1,260/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.

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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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801 Luther St W Unit 1505 | Property Details | No Agent List