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Owner Contacts

$1,887,000

2905 Amherst St, West University Place, TX, 77005

Off Market

5 Beds

5 Bath

4,180 Sq Ft

Single Family Residence

$370.81 / sqft

Built in 1939

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

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

FlooringCarpet, Tile, Wood

Exterior

Lot Size7,749 sqft

Building Information

Year Built1939

Garage Spaces2

Land Information

APN0600340140008

SubdivisionRice Court

Land UseResidential

Legal DescriptionTRS 7 & 8 BLK 14 RICE COURT

Census Tract412300

Assessed Land Value$1,162,500

Assessed Improvement Value$576,026

Assessment Year2025

About this property

Wow!! Prime Location in West U!!!Beautiful, Large, Updated and Move-in Ready!!! 3 Story Freshly Painted 5-6 Bedroom Home with 4.5 Full Baths! With a Grand Entry, This Home Has a Wonderful Open Floor Plan with Great Entertaining Areas, Including Huge Formal Dining Rm. 2 Sets of Double French Doors Leading Out to Lovely Backyard Complete with Large Deck Across the Back on a 7750 Sq. Ft (HCAD) Lot. Large Updated Island Kitchen with Viking 6 Burner Gas Range, Bosch Dishwasher, & Thermador Oven, Microwave & Warming Drawer, Builtin Sub-Zero Refrigerator. 2nd Floor: Spacious Primary Suite with Vaulted Ceiling +Shelving, Bath with Marble Counters, Soaking Tub +Separate Shower. 3 Other Secondary Bedrooms with 2 Full Baths 3rd Floor: Game Room, Bedroom & Full Bath + Additional Study/6th Bedroom. Metal Roof installed 2010. 2 New Air Condition Systems for second and Third floors installed 9/2021. All new double pane windows replaced in 2010-2013. All per Seller

Investor Tools

$1,887,000

Estimated Property Value

$1,201,600Estimated Mortgage Balance

$775,345Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$11,322 /month

Positive

Cash Flow Estimate:

$3,774 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,784/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$23,970

$1,738,526

2025

$1,162,500

$576,026

$1,738,526

Tax History

Year

Tax Paid

Assessed Value

2024

$23,970

$1,738,526

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Truist Bank

Conventional

$1,201,600

First

Jul 13, 2022

Aug 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,111,655

$760,345

40%

59%

$5,538/mo

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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