West University Homes for Sale & Real Estate in West University, Texas

West University, Texas

Updated On: February 5, 2012

Sold Price History in 77005

Homes for Sale in West University

West University Real Estate & Homes for Sale in Texas

West University is located in Harris County, Texas, and is one of Houston's most appealing residential neighborhoods. Located in Houston's Inner Loop near Houston Medical Center, Rice University, and downtown Houston, West University is known both inside and outside Houston as a quality, family-friendly community. The community is home to over 15,600 residents, many who own or rent many of the city's homes, condos and townhomes.

Starting in the 1980s West University underwent a major revitalization. Families latched on to the community's central location and were enchanted by the charming atmosphere of its beautiful tree-lines streets. Today, lavish brick homes have gradually replaced the original small bungalows, yet many of the great bungalows remain and help to make it an eclectic neighborhood with something for everyone. Some recent honors for the area include being named by Inside Houston Magazine as the “Hottest Neighborhood” in their annual Reader’s Choice Awards. Additionally, Business Development Magazine recently named West University as the one of the best small Texas cities to live in.

West University shares the same great access and proximity to everything in Houston that other Inner Loop locations enjoy, but residents of West University feel that what sets their neighborhood apart are the conveniences and the community atmosphere. West University is proud of the strength of their local schools and supports the excellence that the school district strives to achieve for its students. West University is also minutes away from Reliant Park, The Galleria and the world-class Museum District.

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Price Range of West University Houses in Houston, Texas

The real estate market in West University presents a variety of housing options including single family detached homes, condominiums and townhouses, as well as a charming mix of newer homes and older well-preserved bungalows. Prices for West University homes start from the $300,000s and can exceed $1 million. Condo prices in West University start at just under $200,000 and range up to the mid-$300,000s. Many condos feature community pools and other amenities. There is some land available, but because of its great location there are not many empty lots here. The purchasing of tear-down homes became popular in the 1980s and is still common for those that want to build a custom home.

West University TX Real Estate for the week of January 30th, 2012: homes priced around $592,038 compared to $912,620 the previous week, showing a decrease of less than -54%.  For Saturday, February 4th, the current national mortgage rate for a 30 year fixed mortgage is 3.85%; the 15 year fixed rate is at 3.18%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.61%, while the 15 year jumbo rate currently is at 3.99%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in West University TX. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in West University, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in West University, West University neighborhood information, crime stats, home values, and schools in West University to help you find the best home!