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$2,064,000

NAL Estimated Property Value

3105 Lafayette St, West University Place, TX, 77005

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,579 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$515.51 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringMarble, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size5,998 sqft

Building Information

Year Built1994
Stories2
Garage Spaces2

Land Information

APN0600230000006
Lot Number7
SubdivisionRice Court
Land UseResidential
Legal DescriptionLT 7 & TR 6 BLK 3 RICE COURT
Census Tract412300
Assessed Land Value$900,000
Assessed Improvement Value$872,742
Assessment Year2025

About this property

Nestled on one of the loveliest streets in West University, 3105 Lafayette has 4 bedrooms, 3.5 baths + study + detached quarters w/ full bath on a 6,000 SF lot. Has a welcoming front porch, refinished hardwoods, spacious rooms, and ample storage. Kitchen w/ Thermador appliances, double ovens, gas cooktop, beverage fridge, and mudroom area. Kitchen, breakfast, dining, and study areas flow seamlessly into the family room, which features French windows/doors leading to a pavered patio w/ a pergola + summer kitchen. Mosquito/sprinkler systems. Upstairs, the excellent layout includes primary retreat w/ built-ins and sitting area. Marble primary bath features jetted soaking tub, shower, double sinks, and two closets. Three additional airy secondary bedrooms. The renovated garage apartment, not included in the square footage, can serve as a workout space, game room, home office, or guest bedroom. Just three blocks from cafes, parks, restaurants, and shopping in Rice Village. Gorgeous!

Investor Tools

Property Icon
$2,064,000
Estimated Property Value
$805,926Estimated Mortgage Balance
$1,258,074Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,384 /month
Positive
Cash Flow Estimate:
$4,128 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,691/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,968
$1,772,742
2025
$900,000
$872,742
$1,772,742
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,968
$1,772,742

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Conventional
$825,000
No
First
Jun 27, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$805,926
$1,235,074
60%
39%
$5,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$5,080/mo
$-1,740/mo
1.9%

City: West University Place

3105 Lafayette St | Property Details | No Agent List