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$2,341,000

NAL Estimated Property Value

4222 Oberlin St, West University Place, TX, 77005

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,542 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$649.21 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Marble, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size10,001 sqft

Building Information

Year Built2006
Garage Spaces1

Land Information

APN0600350080007
Lot Number7,18
SubdivisionColonial Terrace
Land UseResidential
Legal DescriptionLTS 7 & 18 BLK 8 COLONIAL TERRACE
Census Tract412600
Assessed Land Value$1,472,500
Assessed Improvement Value$652,500
Assessment Year2025

About this property

An incredible opportunity presents itself in the offering of this sophisticated 2006 West University Place home on a 10,000 SF double lot. Welcoming covered porch. The open floorplan provides spacious, light-filled rooms with backdrops of the private, tranquil, and expansive grounds with heated pool. Multiple lounge spaces with all-day sun on the south part of the property. 4 beds, 3.5 baths + game room + study. Updated gathering kitchen with quartz counters, gas range, double ovens, ample cabinetry, and butler's pantry. Upstairs has four generous bedrooms and a game room with built-ins. Owner’s suite offers a sitting area, spacious closet, and spa-like remodeled bath with soaking tub, dual vanities, frameless shower, and great storage. Three spacious secondary bedrooms. Other updates include HVAC [2022], water heaters [2020], pool replastered, and carpet [2023]. Prime location just one block from the coveted neighborhood favorite Colonial Pool and Park.

Investor Tools

Property Icon
$2,341,000
Estimated Property Value
$182,012Estimated Mortgage Balance
$2,158,988Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,046 /month
Positive
Cash Flow Estimate:
$4,682 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,618/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,708
$2,125,000
2025
$1,472,500
$652,500
$2,125,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,708
$2,125,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$202,820
No
First
Jan 23, 2021
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,012
$2,147,988
92%
8%
$1,217/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,217/mo
+$2,123/mo
1.7%

City: West University Place

4222 Oberlin St | Property Details | No Agent List