Bryan and College Station Real Estate News

Lakeridge Townhomes of College Station

  

  

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The new development, Lakeridge Townhomes of College Station, is in development just off 2818 currently.  These 2,3 and 4 bedroom properties are spacious, ranging from 1127 square feet for their small 2 bedroom up to 1857 square feet for their large 4 bedroom and come with a host of amenities that many of our student properties don't offer.

Lakeridge is the 3rd development for Starfish Development.  Waterwood Townhomes, developed in 2003 took four years to build out and offers 170 units.  Currently the 4 bedrooms are going for the 160's and the 3 bedrooms are running in the low 150's.  Still one of my favorite developments, this offers investors an excellent return and has a hot tub, pool and a sports court as well as a fountain out front.  Currently 6 are on the market split evenly between 3 bedroom and 4 bedroom.  Homeowners Association Dues run an affordable $120 per month and provide landscaping and lawn care as well as insurance on the exterior of the buildings.

River Oaks Townhomes, their second development, was only finished out in 2009.  The floorplans are the same as Lakeridge with the 3 and 4 bedrooms being three stories tall.   The ground floor is where the living room, dining room, kitchen and half bath are.  You climb up one set of stairs for 2 of the bedrooms, each with their own private bath and continue up another flight of stairs for the other bedrooms.  Since it was developed so recently there is only one property currently on the market.  It is a 2/2.5 that is 1172 square feet and offered for 158K.

Lakeridge Townhomes are only townhomes by name, but are actually condos.  Thankfully Starfish has had them FHA certified for easier financing for now.  These College Station Luxury Townhomes are available for a tour with their beautifully staged models.