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$3,346,000

NAL Estimated Property Value

3516 Rice Blvd, Houston, TX, 77005

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,258 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$348.04 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Marble, Stone, Tile, Wood

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size7,501 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN0551020550008
SubdivisionWest University Place
Land UseResidential
Legal DescriptionTR 5A BLK 55 WEST UNIVERSITY PLACE SEC 2
Census Tract412400
Assessed Land Value$1,125,000
Assessed Improvement Value$1,595,815
Assessment Year2025

About this property

Pretty as a picture! Don’t miss this gorgeous home on a 7500 sf lot in a prime West University location! Fabulous, spacious layout with every amenity on your list and beautiful, high-end finishes throughout. This amazing home offers a wonderful layout for family living and entertaining. Features four bedrooms ensuite, the perfect library/study, wine room, first-floor playroom or flexroom, and a stunning Chef’s Kitchen that is a page out of a magazine. Oversized master suite and a 2nd floor gameroom/media room is the icing on the cake. Mudroom is located near the kitchen. A lovely covered porch overlooks a sizable backyard, plenty of space for a pool. Less than 2 blocks to Tiny’s, Milk & Cookies, the ballfields and West University Elementary! This is it!

Investor Tools

Property Icon
$3,346,000
Estimated Property Value
$1,287,118Estimated Mortgage Balance
$2,058,882Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$20,076 /month
Positive
Cash Flow Estimate:
$6,692 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,323/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$35,149
$2,720,815
2025
$1,125,000
$1,595,815
$2,720,815
No

Tax History

Year
Tax Paid
Assessed Value
2024
$35,149
$2,720,815

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$1,440,000
No
First
Nov 24, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,287,118
$1,960,882
60%
38%
$8,634/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$8,634/mo
$-5,294/mo
1.2%

City: Houston

3516 Rice Blvd | Property Details | No Agent List