NOT LISTED FOR SALE

206 Lincoln Ave College Station, TX 77840

Eastgate Neighborhood

Estimated Value: $529,000 - $802,000

2 Beds
1 Bath
3,874 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 27, 2024

Current estimated payment $4,356/month

77 Days on Market

About This Home

As of February 2024

This is an incredible investment opportunity in a prime, convenient location just 1 block from the Texas A&M campus. Whether you are searching for a property to expand your growing portfolio or are seeking a new venture, this well-maintained, 100% occupied property is a fantastic choice! Each of the units features a spacious downstairs living room with direct patio access and a kitchen featuring ample cabinetry. Additionally available is the four-plex at 200, 202, & 204 Lincoln Ave, which is adjacent to this property. With shopping, restaurants, and the University all within walking distance, this is an ideal opportunity!

Last Agent to Sell the Property

Jennifer Zweiacker

Zweiacker & Associates License #0554730 Listed on: 11/20/2023

Last Buyer's Agent

Nonmls

Houston Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,215

Year Built

  • Built in 1980

Lot Details

  • 8,882 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,874 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • College Hills Elementary School
  • A & M Consolidated Middle School
  • A & M Consolidated High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Lincoln Fourplexes Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,215

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1980
  • Subdivision Name: Lincoln Fourplexes
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48041:31484
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 3874.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Composition

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Schools

  • Elementary School: COLLEGE HILLS ELEMENTARY SCHOOL
  • Junior High Dist: 153 - College Station
  • High School: A & M CONSOLIDATED HIGH SCHOOL
  • Middle Or Junior School: A & M CONSOLIDATED MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Apr 5, 2024
Sold by
Clapp Christophe Lawrence and Ostrem Cerise N
Bought by
Colbie Properties Llc-Rs 206 Lincoln
Seller's Agent
Jennifer Zweiacker
Zweiacker & Associates
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$595,000
Views
124
Current Estimated Value
$665,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.68%
Original Mortgage
$371,250
Outstanding Balance
$365,040
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$300,627

Purchase Details

Listed on
Nov 20, 2023
Closed on
Feb 27, 2024
Sold by
Grace Lynn Savage Revocable Trust
Bought by
Clapp Christophe Lawrence and Ostrem Cerise N
Seller's Agent
Jennifer Zweiacker
Zweiacker & Associates
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$595,000
Views
124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Outstanding Balance
$365,040
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$300,627

Purchase Details

Listed on
Nov 20, 2023
Closed on
Feb 26, 2024
Sold by
Bonham Trace Llc
Bought by
Blackrock Builders Lp
Seller's Agent
Jennifer Zweiacker
Zweiacker & Associates
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$595,000
Views
124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Outstanding Balance
$365,040
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$300,627

Purchase Details

Listed on
Nov 20, 2023
Closed on
Feb 9, 2024
Sold by
Sprague Betty Lee
Bought by
Sprague Mark Alan and Sprague Charles Robert
Seller's Agent
Jennifer Zweiacker
Zweiacker & Associates
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$595,000
Views
124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Outstanding Balance
$365,040
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$300,627
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Colbie Properties Llc-Rs 206 Lincoln -- None Listed On Document
Clapp Christophe Lawrence -- South Land Title
Blackrock Builders Lp -- Utitle
Blackrock Builders Lp -- Utitle
Blackrock Builders Lp -- Utitle
Sprague Mark Alan -- None Listed On Document
Sprague Mark Alan -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clapp Christophe Lawrence $371,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2024 02/27/24 Sold -- -- --
02/05/2024 02/05/24 Pending -- -- --
11/20/2023 11/20/23 For Sale $595,000 -- $154 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,215 $495,000 $239,759 $255,241
2024 $10,215 $536,021 $239,759 $296,262
2023 $10,215 $496,824 $218,792 $278,032
2022 $10,456 $490,400 $198,891 $291,509
2021 $8,554 $378,720 $198,891 $179,829
2020 $9,466 $416,801 $198,891 $217,910
2019 $8,271 $350,060 $183,250 $166,810
2018 $8,161 $342,830 $183,250 $159,580
2017 $6,145 $261,100 $127,220 $133,880
2016 $5,877 $249,700 $99,150 $150,550
2015 $4,728 $230,760 $75,580 $155,180
2014 $4,728 $204,000 $69,540 $134,460
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Zweiacker

    Seller's Agent in 2024

    Jennifer Zweiacker

    Zweiacker & Associates

    (979) 324-4796

    11 in this area

    405 Total Sales

    Jennifer Zweiacker
    Section Image

  • N

    Buyer's Agent in 2024

    Nonmls

    Houston Association of REALTORS

See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 26219894

Houston Association of REALTORS®

APN: 31484

Texas Brazos County College Station 77840 Eastgate

206 Lincoln Ave, College Station, TX

Not Listed for Sale

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