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Days329Days on Market
Views1view

$620,000

6614 Weslayan St, West University Place, TX, 77005

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$521.89 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size4,901 sqft

Building Information

Year Built1940
Garage Spaces1

Land Information

APN0551630000009
SubdivisionCollegeview
Land UseResidential
Legal DescriptionTRS 9 & 10A BLK 23 COLLEGEVIEW SEC 1
Census Tract412600
Assessed Land Value$441,090
Assessed Improvement Value$53,171
Assessment Year2025

About this property

Build your dream home!! Electricity has been disconnected from the house. Gas meter has been pulled and gas line has been killed/caped. Ready for demo! In close proximity to eateries and Whole Food Market. No one has entered the house for over 1 year, before Hurricane Beryl. Condition of the house is unknown. The following is paraphrased from the prior seller's Public Remarks in the MLS: Location! Location! Location! West University Place's hidden gem with great potential. The property is being sold as LOT VALUE ONLY in present condition. The original bungalow has updated bathroom, double pane windows, recently updated HVAC. It also has a huge well insulated attic space that was used as a workshop which can be converted to an additional living space. Only minutes to the world class Texas Medical Center, Museum district, Downtown, Uptown and Galleria. Easy access to major freeway. All info per seller

Investor Tools

Property Icon
$594,000
Estimated Property Value
$0Estimated Mortgage Balance
$594,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,720 /month
Positive
Cash Flow Estimate:
$1,240 /month

Interested in this property?

Barbara Fisher

Greenwood King Properties - Kirby Office

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$995/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,971
$494,261
2025
$441,090
$53,171
$494,261
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,971
$494,261

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$594,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
4.0%

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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6614 Weslayan St | Property Details | No Agent List