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$519,000

NAL Estimated Property Value

4615 University Oaks Blvd, Houston, TX, 77004

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.29 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Refrigerator
FlooringConcrete, Laminate

Exterior

Lot Size7,200 sqft

Building Information

Year Built1949
Stories2

Land Information

APN0681270090013
Lot Number13
SubdivisionUniversity Oaks
Land UseResidential
Legal DescriptionLT 13 BLK 9 UNIVERSITY OAKS
Census Tract312000
Assessed Land Value$230,400
Assessed Improvement Value$162,135
Assessment Year2025

About this property

Location, location, location! All bills paid. This freshly updated and cozy garage apartment efficiency features designer paint and new Pergo wood flooring throughout. Insulated Low-E windows with blinds provide comfort and energy efficiency. Recent, quiet A/C and heating wall units serve the bedroom, living area, and office space. The graveled side yard is fully fenced, offering added privacy. Located in the well-established University Oaks neighborhood, the property is within walking distance to the University of Houston, the light rail, MacGregor Bayou, and MacGregor Park. Just a 10-minute drive to the Medical Center and Downtown. Rent includes all utilities, high-speed internet, and lawn care.

Investor Tools

Property Icon
$519,000
Estimated Property Value
$461Estimated Mortgage Balance
$518,539Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$352
$392,535
2025
$230,400
$162,135
$392,535
No

Tax History

Year
Tax Paid
Assessed Value
2024
$352
$392,535

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
World S/L
N/A
$96,800
N/A
First
Jul 1, 1996
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$461
$518,539
99%
0%
$581/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$581/mo
+$1,141/mo
4.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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4615 University Oaks Blvd | Property Details | No Agent List