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    1198 Jones Butler Rd, Unit Multi College Station, TX 77840

    For Sale
    $680,000

    Two townhome units near Texas A&M, ideal for investors.

    Lot size:
    0.07 Acres

    Property Features for 1198 Jones Butler Rd

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    2010

    Source: Wendy Cline Properties Group Agent Wendy Cline

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Townhome Units Near TAMU

    Two income-producing townhome units are available in the gated Lakeridge Townhomes community in College Station, approximately one mile from Texas A&M University. The property is located on TAMU Bus Routes #35 and #36 and is a 10-minute bike ride to West Campus. Each unit features 4 bedrooms and 4.5 bathrooms within 1,808 square feet. The layout includes a first-floor living area, a kitchen equipped with granite countertops, a walk-in pantry, a laundry room, and a half bath. Upstairs, each bedroom has a private ensuite bathroom. Community amenities include a resort-style pool, a hot tub, a clubhouse, a fitness center, a movie theater, and a basketball court. The gated entry provides four assigned parking spaces per unit. HOA dues cover cable, high-speed internet, and water. Unit 2708 is fully rented through July 2027, and unit 203 is listed as pre-lease, presenting a turn-key opportunity in a high-demand rental market.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    College Station
    County
    Brazos
    State
    Texas
    Longitude
    -96.32847
    Latitude
    30.57683

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    FAQs

    What type of property is this?
    Apartment building - Two townhome units near Texas A&M, ideal for investors.
    Where is this apartment building located?
    The property is located at 1198 Jones Butler Rd, Unit Multi College Station, TX.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: - Two income-producing townhome units in a gated community; - Prime location: just 1 mile from Texas A&M University and on TAMU bus routes; - Fully rented unit (2708) through July 2027, with pre-lease opportunity for the other unit (203)
    (281) 858-3451
    Request Owner's contact information
    1198 Jones Butler Rd, Unit Multi College Station, TX 77840
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1198 Jones Butler Rd, Unit Multi College Station, TX 77840
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