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Owner Contacts

$1,744,000

NAL Estimated Property Value

4120 University Blvd, Houston, TX, 77005

Sold

7/01/26

4 Beds

4 Bath

2,996 Sq Ft

Single Family Residence

$2.64 / sqft

Built in 1990

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size5,001 sqft

Building Information

Year Built1990

Stories2

Garage Spaces3

Land Information

APN0600360240009

Lot Number9

SubdivisionColonial Terrace

Land UseResidential

Legal DescriptionLT 9 BLK 24 COLONIAL TERRACE SEC C

Census Tract412600

Assessed Land Value$775,000

Assessed Improvement Value$613,364

Assessment Year2025

About this property

Welcome to 4120 University! If you are in Houston for a few years for work or looking to base yourself in West U as you look to buy, this gorgeous rental is a great opportunity at a sensible monthly rental price. 4120 is a classically beautiful FOUR BEDROOM home with a detached GARAGE APARTMENT in the heart of West University! The home offers bright, neutral interiors with an UPDATED KITCHEN and modern finishes throughout. Flexible living spaces including the garage apartment which can be used as a fifth bedroom or nanny/guest suite. Enjoy a private, fully fenced backyard (YARD MAINT INCLUDED) surrounded by mature trees. Or just two blocks from the home, you have wonderful Colonial Park with its green field, pool and tennis courts. Also walkable or 2 mins in the car to the West U Recreation Center. Rice Village, Rice University, the Texas Medical Center and Downtown are all close by. Zoned to West U Elementary. The landlords are local and attentive.

Investor Tools

$1,744,000

Estimated Property Value

$852,988Estimated Mortgage Balance

$891,012Estimated Equity

51% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,464 /month

Positive

Cash Flow Estimate:

$3,488 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,809/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$24,988

$1,388,364

2025

$775,000

$613,364

$1,388,364

Tax History

Year

Tax Paid

Assessed Value

2024

$24,988

$1,388,364

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$941,250

First

Aug 9, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$852,988

$891,012

51%

49%

$5,644/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$5,644/mo

$-2,304/mo

2.3%

Learn About the Market: Opportunity in Houston

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