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Owner Contacts

$2,264,000

NAL Estimated Property Value

4038 Arnold St, West University Place, TX, 77005

Off Market

5 Beds

6 Bath

4,613 Sq Ft

Single Family Residence

$401.04 / sqft

Built in 1991

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Ice Maker, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size7,218 sqft

Building Information

Year Built1991

Stories2

Garage Spaces2

Land Information

APN0601150030019

Lot Number20

SubdivisionBissonnet Place

Land UseResidential

Legal DescriptionLT 20 & TR 19 BLK 3 BISSONNET PLACE

Census Tract412600

Assessed Land Value$1,046,465

Assessed Improvement Value$893,172

Assessment Year2025

About this property

Timeless & stately curb appeal meets thoughtfully updated interiors on oversized lot in West U! Offering more than a great floor plan – whole house generator, recent HVAC w/built-in dehumidifier & duct work (2020), turfed backyard, 20’x19’ unfinished attic space (finish out for home gym, game room…), quarters w/ bedroom suite & sitting room, play/sunroom w/ walk-in storage/hobby room! Welcoming foyer flanked by handsome library & formal living w/ floor to ceiling arched windows. Dining room is accented by wainscoting, crown molding & China/silver storage closet. Updated (2017) island kitchen w/ great storage, stainless steel appliances, marble & quartz counters, breakfast bar & pantry. Family room shines w/ French doors to patio, walk-in wet bar, custom draperies & built-in’s showcasing marble surround fp. Sumptuous primary suite up w/ marble bath, frameless glass walk-in shower, soaking tub... 3 other beds up. Zoned to West U Elementary! Close to Colonial Park & pool!

Investor Tools

$2,264,000

Estimated Property Value

$1,372,478Estimated Mortgage Balance

$891,522Estimated Equity

38% equity

Estimated Cap Rate

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Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$13,584 /month

Positive

Cash Flow Estimate:

$4,528 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,120/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$26,117

$1,939,637

2025

$1,046,465

$893,172

$1,939,637

Tax History

Year

Tax Paid

Assessed Value

2024

$26,117

$1,939,637

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Morgan Stanley Private Bank Na

Conventional

$1,436,000

First

May 15, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,372,478

$867,522

38%

61%

$7,975/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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