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$3,545,000

3308 Rice Blvd, West University Place, TX, 77005

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths5,011 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$698.26 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Wine Refrigerator, Double Oven, Electric Oven, Microwave, Gas Cooktop, Indoor Grill, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size7,501 sqft

Building Information

Year Built2024
Stories1
Garage Spaces2

Land Information

APN0551050000010
SubdivisionWest University Place
Land UseResidential
Legal DescriptionTR 5B BLK 57 WEST UNIVERSITY PLACE SEC 2
Census Tract412300
Assessed Land Value$1,125,000
Assessed Improvement Value$1,080,450
Assessment Year2025

About this property

Stunning new offering from Croix Custom Homes in West University Place! This Transitional home has everything you need! An over-sized 7500 sq. ft. lot (Per HCAD), on a tree lined street with a floor plan that is made for formal entertaining and casual family living. This home offers an impressive Foyer, Study, Formal Dining Room, Wine Room, Butlers/Bar. Family Room with a Fireplace and a Multi-Slide Door that opens to the Covered Lanai. Island Kitchen with an Incredible Appliance Package & Breakfast Room. Mud Room, First Floor Full Bathroom. Upstairs you will find 4 Bedrooms, Including the Primary Suite with an impressive Bath & Wardrobe. Second Floor Game Room with a Vaulted Ceiling and a Full Wet-Bar and Built-In Storage. There is a 3 Car Garage, Covered Lanai with a gas log fireplace, grill & under-counter refrigerator. Elevator capability, large yard with room for a pool. Pool in rendering not included with the price of the home. Estimated Completion April/May 2025.

Investor Tools

Property Icon
$3,545,000
Estimated Property Value
$2,380,000Estimated Mortgage Balance
$1,192,237Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,270 /month
Positive
Cash Flow Estimate:
$7,090 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,467
$2,205,450
2025
$1,125,000
$1,080,450
$2,205,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,467
$2,205,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chevron Fcu
Conventional
$2,380,000
No
First
Jul 9, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,352,763
$1,168,237
33%
66%
$13,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$13,320/mo
$-9,980/mo
1.1%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: West University Place

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3308 Rice Blvd | Property Details | No Agent List