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$339,000

1406 Lemon Tree Ln, College Station, TX, 77840

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,410 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$240.43 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Electric Water Heater, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size6,800 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN387500-0003-0020
Lot Number2
SubdivisionLemon Tree
Land UseResidential
Legal DescriptionLEMON TREE, BLOCK 3, LOT 2
Census Tract001606
Assessed Land Value$100,980
Assessed Improvement Value$171,978
Assessment Year2025

About this property

Welcome to 1406 Lemon Tree Lane, a cozy 5-bedroom, 4-bathroom residence backing the peaceful Lemon Tree Park! Located on the TAMU bus route right in the heart of College Station! Enoy the convenience of close proximity shopping, dining, outdoor exercise spaces and much more! Enter the residence and you are greeted by the main living area, including a living room with stacked stone fireplace flanked by bookcases, and the dining room that onlooks the kitchen. The U-shaped kitchen has light wood cabinetry, granite tops, and tiled backsplash. Downstairs hosts 3 bedrooms, each with an en-suite bath for privacy, and upstairs has two bedrooms with a shared hallway bathroom. Primary suite is more privately tucked near the front of the residence. The exterior has a chain link fence for pets and wonderful mature shade trees. A long concrete driveway approach is perfect for a large family, entertaining or enough parking for gameday/student use. This area has been rezoned to the desirable Middle Housing zoning district so there are also long-term redevelopment options! Do not miss this well-maintained residence with good future investment potential!

Investor Tools

$186,355Estimated Mortgage Balance
$97,645Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

Interested in this property?

Chad Hovde

RE/MAX 2020

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,753
$272,958
2025
$100,980
$171,978
$272,958
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,753
$272,958

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Choice Loan Services Inc
Conventional
$225,250
No
First
Apr 2, 2018
Apr 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,355
$97,645
34%
66%
$1,351/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$1,351/mo
+$129/mo
6.3%

City: College Station

1406 Lemon Tree Ln | Property Details | No Agent List