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Owner Contacts

$2,109,000

NAL Estimated Property Value

2642 Tangley Rd, Houston, TX, 77005

Off Market

5 Beds

5 Bath

3,949 Sq Ft

$493.8 / sqft

Built in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesSprinkler System

Lot Size5,602 sqft

Building Information

Year Built2006

Stories1

Garage Spaces2

Land Information

APN0691120050017

Lot Number17

SubdivisionTangley Terrace

Land UseResidential

Legal DescriptionLT 17 BLK 5 TANGLEY TERRACE

Census Tract412300

Assessed Land Value$795,000

Assessed Improvement Value$1,208,090

Assessment Year2025

About this property

Making its debut to the market is this gorgeous 4-5BD/4.1BA home featuring an expansive, flexible layout, chic designer style and charming outdoor space in wonderful West University Place. Double entry doors invite you to discover high ceilings, designer lighting & elegant archways that rise over custom bleached red oak floors. The gracious foyer is flanked by formal living and dining rooms. Ahead, the large family room welcomes indoor-outdoor living and entertaining with French doors opening to a lovely pergola patio. Enjoy a gourmet kitchen and breakfast room, plus a spacious study and powder room. Above, the owner's suite boasts ample closet space and a spa bathroom. A laundry room joins a secondary suite and two bedrooms with a shared bathroom. With a closet and attached bath, the game room could easily serve as a fifth bedroom. A gated driveway and attached garage add parking to this exceptional home just inches from Rice Village amenities, Rice University & Texas Medical Center.

Investor Tools

$2,109,000

Estimated Property Value

$0Estimated Mortgage Balance

$2,109,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$12,654 /month

Positive

Cash Flow Estimate:

$4,218 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,234/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$28,267

$2,003,090

2025

$795,000

$1,208,090

$2,003,090

Tax History

Year

Tax Paid

Assessed Value

2024

$28,267

$2,003,090

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$2,108,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

N/A

+$3,340/mo

1.9%

Learn About the Market: Opportunity in Houston

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Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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