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$2,331,000

NAL Estimated Property Value

2822 Fondren Drive, University Park, TX, 75205

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,788 Sq Ft
price_per_sqft$394.67 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Double Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,456 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APN600445000A19R0000
Lot Number19R
SubdivisionDan Ro
Land UseResidential
Legal DescriptionDAN RO BLK A LT 19R ACS 0.1482 (CALLED BLK A/1030 BY DEED) INT202100232942 DD07302021 CO-DC 0445000A19R00 1600445000A
Census Tract019302
Assessed Land Value$1,162,080
Assessed Improvement Value$695,930
Assessment Year2025

About this property

University Park home serviced by coveted Armstrong Elementary offers an excellent floorplan, tall ceilings and tons of natural light throughout. Beautiful entry foyer with curved staircase is flanked by formal living and dining areas. Huge island kitchen with exceptional storage is totally open to the breakfast and family rooms. Four spacious bedrooms upstairs plus private study with fireplace and full bathroom down. Full quarters over garage with bathroom could welcome guests, a home office, playroom or gym. Excellent value opportunity in convenient location.

Investor Tools

Property Icon
$2,331,000
Estimated Property Value
$978,799Estimated Mortgage Balance
$1,352,201Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,986 /month
Positive
Cash Flow Estimate:
$4,662 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,757/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,429
$1,858,010
2025
$1,162,080
$695,930
$1,858,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,429
$1,858,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$1,078,000
No
First
Jul 30, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$978,799
$1,352,201
58%
42%
$6,464/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$6,464/mo
$-2,844/mo
1.9%

City: University Park

2822 Fondren Drive | Property Details | No Agent List