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Owner Contacts

$1,374,000

2815 Tangley Road, West University Place, TX, 77005

Off Market

2 Beds

4 Bath

1,628 Sq Ft

Single Family Residence

$767.75 / sqft

Built in 1945

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Slate, Tile, Wood

Exterior

Private Pool

Lot Size6,508 sqft

Building Information

Year Built1945

Garage Spaces2

Land Information

APN0590500000012

Land UseResidential

Legal DescriptionTRS 12 & 13A BLK 17 MONTICELLO

Census Tract412300

Assessed Land Value$976,500

Assessed Improvement Value$353,767

Assessment Year2025

About this property

Move-In Ready Forever Home in the Heart of West University with 1988 SF of Living Area on oversized 62’x105’ Lot, 6500 SF per HCAD (Survey attached). 2 Story 1628 SF Main House (per HCAD) with 2 Bedrooms and 2 Full Baths upstairs. Half Bath on First Floor. House Remodeled in 2004 by Architect/Owner with a Cozy Den with Wood Burning Fireplace off the Living Room. Kitchen Has Granite Island with Loads of Cabinets and Storage. Walls of Glass Overlook the Gorgeous and Lush, Serene Side and Backyard Complete with Gazebo & Pool. Also Built New in 2004 is the 2 Car Detached Garage with 2nd Story Guest Quarters (360 SF per HCAD) overlooking the pool, including 12’x20’ flex room, Kitchenette, Hardwoods, and full bath. Flex room could be used as 3rd BR, Home Office, or Guest Accommodations. Your Guests Will Not Want to Leave!!! Also in Quarters are 2 Built in Desks so Perfect for an Office or Working From Home. Roof New in 2020, Exterior Painted in 2020 all per seller.

Investor Tools

$1,374,000

Estimated Property Value

$0Estimated Mortgage Balance

$493,019Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,244 /month

Positive

Cash Flow Estimate:

$2,748 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,336/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$21,166

$1,330,267

2025

$976,500

$353,767

$1,330,267

Tax History

Year

Tax Paid

Assessed Value

2024

$21,166

$1,330,267

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Citibank Na

Conventional

$920,000

First

Aug 28, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$880,981

$493,019

35%

64%

$4,939/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$4,939/mo

$-2,359/mo

2.3%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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