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$1,198,000

6134 Lake St, West University Place, TX, 77005

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.84 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Cooktop, Gas Range, Refrigerator, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,301 sqft

Building Information

Year Built1938
Stories1
Garage Spaces2

Land Information

APN0571790000018
Lot Number18
SubdivisionVirginia Court
Land UseResidential
Legal DescriptionLT 18 BLK 9 VIRGINIA COURT
Census Tract412300
Assessed Land Value$922,500
Assessed Improvement Value$29,765
Assessment Year2025

About this property

Charming vintage cottage in superb area in West University very close to Rice Village with easy access to Rice University, The Medical Center, and Downtown. 3 bedrooms with 2 full baths. Glistening hardwood floors, 2-car detached garage on over sized corner lot of 7300 sqft per HCAD. Spacious fenced backyard with artificial turf perfect for all sorts of outdoor activities. Kitchen open to dining area. Large inviting front porch. Available now. At least 1 year lease. Pets on case by case basis. All info per owner

Investor Tools

Property Icon
$1,198,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,198,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,188 /month
Positive
Cash Flow Estimate:
$2,396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,893/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,726
$952,265
2025
$922,500
$29,765
$952,265
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,726
$952,265

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,186,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
2.6%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: West University Place

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6134 Lake St | Property Details | No Agent List