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Owner Contacts

$1,540,000

5907 Annapolis St, West University Place, TX, 77005

Off Market

4 Beds

3 Bath

3,094 Sq Ft

Single Family Residence

$428.25 / sqft

Built in 1989

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Marble, Tile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1989

Stories2

Garage Spaces2

Land Information

APN0580250000002

Lot Number2

SubdivisionPreston Place

Land UseResidential

Legal DescriptionLT 2 BLK 7 PRESTON PLACE

Census Tract412300

Assessed Land Value$750,000

Assessed Improvement Value$745,029

Assessment Year2025

About this property

Beautiful Traditional 2-story 4-BR 2&1/2 Bath Brick Home in Great Area of West U Near Rice Village.Lge Inviting Entry w/ Elegant Archways.Glistening Refinished Hardwoods, Freshly Painted! Spacious Living Rm, Dining Rm & Family Rm w/ Stone Gas Log Fireplace & French Doors Opening to Patio & Fenced Back Yard.Kit Updated in 2012 w/ Granite Counters, Brookhaven Cabinets, Kitchen Aid Double Ovens, Wolf Gas Range & Sharp Micro. LG Frig & Wine Frig are Approx. 2-Yrs Old.Lge Wet/Dry Walk-through Bar Connects Fam Rm & Living Rm Under Stairway.All BR U/S w/ New Carpet, 3 BR w/ Coffered Ceilings.4th BR Connected to Master BR can be Study/Office.U/S Utility Rm w/ Sink & May Tag Washer/Dryer Approx 2-Yrs Old Stays.Master Bath Update in 2015 Includes New Soaking Tub & Granite Counters.Several major improvements including replaced house siding w/ Hardie, replaced windows w/ double-pane Pella/Anderson, recently replaced both outside A/C condensers w/ Trane units and installed Toto commodes.Per Seller

Investor Tools

$1,540,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,540,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,240 /month

Positive

Cash Flow Estimate:

$3,080 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,806/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$25,974

$1,495,029

2025

$750,000

$745,029

$1,495,029

Tax History

Year

Tax Paid

Assessed Value

2024

$25,974

$1,495,029

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,508,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

N/A

+$3,340/mo

2.6%

Learn About the Market: Opportunity in Texas

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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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