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$1,495,000

137 Park Dr, Olmos Park, TX, 78212

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,970 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$376.57 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Range, Cooktop
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size12,320 sqft

Building Information

Year Built1939
Stories2
Roof Type114
Garage Spaces2

Land Information

APN05680-000-1540
Lot Number154
SubdivisionOlmos Park Area 1
Land UseResidential
Legal DescriptionCB 5680 BLK LOT 154
Census Tract190800
Assessed Land Value$504,500
Assessed Improvement Value$745,500
Assessment Year2025

About this property

*3970 sqft* Perfectly positioned in prestigious Olmos Park, this timeless French Country-inspired residence offers an extraordinary blend of classic architecture an modern luxury. Nestled among mature trees, the home feels like a private treehouse retreat, with an abundance of natural light pouring through expansive windows and serene views from nearly every room. Originally built in 1928, this home is rich in character and architectural charm while featuring beautiful curated updates throughout. The heart of the home is the stunning chef's kitchen, complete with a coveted La Cornue gas range, farmhouse sink, honed marble countertops, and exceptional custom cabinetry. An oversized butler's pantry, spacious utility room, and additional walk-in storage provide both beauty and functionality. The main level offers two inviting living spaces designed for everyday living and effortless entertaining. Upstairs, the vaulted primary suite serves as a peaceful retreat, accompanied by four additional bedrooms and a spacious game room filled with natural light. Every detail reflects warmth, elegance, and timeless style. Homes of this caliber, in this exceptional location, are a rare opportunity. Experience the charm, craftsmanship, and lifestyle this remarkable Olmos Park residence has to offer.

Investor Tools

$973,833Estimated Mortgage Balance
$600,460Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,414 /month
Positive
Cash Flow Estimate:
$3,138 /month

Interested in this property?

Jennie Embrey

Embrey Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,024
$1,250,000
2025
$504,500
$745,500
$1,250,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,024
$1,250,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Northpointe Bank
Conventional
$548,250
No
First
Feb 9, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$973,833
$276,167
22%
62%
$6,286/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,987/mo
$6,286/mo
$-4,299/mo
1.5%

City: Olmos Park