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$6,500

3514 Corondo Ct, West University Place, TX, 77005

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,769 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.35 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Convection Oven, Electric Oven, Oven, Free-Standing Range, Gas Cooktop, Dryer, Full Size, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size5,998 sqft

Building Information

Year Built1930
Stories2
Garage Spaces1

Land Information

APN0660110020003
SubdivisionKent Place
Land UseResidential
Legal DescriptionTRS 3 & 4A BLK 2 KENT PLACE
Census Tract412400
Assessed Land Value$870,000
Assessed Improvement Value$354,163
Assessment Year2025

About this property

Beautifully updated 4-bedroom, 3.5-bath lease opportunity in the highly desirable West University Area! Countless updates extend throughout the property, including a beautifully remodeled kitchen with soft-close cabinets and quartz countertops. All appliances are included for added convenience! All baths are updated, including newly remodeled primary bath and half bath. No carpet! Freshly painted interiors create a bright, move-in-ready feel, while the updated (Spring 2026) roof and HVAC systems provide added peace of mind. The backyard features low-maintenance artificial turf, and lawn maintenance is included, making outdoor upkeep effortless. Ideally located near the shops, restaurants, parks, and amenities of West University, Rice Village, and surrounding areas. A wonderful opportunity to lease a stylish, updated home in one of Houston's most sought-after locations. See Tenant Selection Criteria for more details. All info per Landlord.

Investor Tools

$664,131Estimated Mortgage Balance
$560,032Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,345 /month
Positive
Cash Flow Estimate:
$2,448 /month

Interested in this property?

Jason Knebel

Greenwood King Properties - Voss Office

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,958/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,380
$1,224,163
2025
$870,000
$354,163
$1,224,163
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,380
$1,224,163

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$668,000
No
First
Mar 12, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$664,131
$560,032
45%
54%
$4,005/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,005/mo
$-665/mo
3.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3514 Corondo Ct | Property Details | No Agent List