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$2,227,000

2941 Dyer St, University Park, TX, 75205

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,572 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$467.25 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator, Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Rain Gutters, Private Yard
Lot Size7,500 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APN60220500030020000
Lot Number2
SubdivisionUniversity Hills West
Land UseResidential
Legal DescriptionUNIVERSITY HILLS WEST BLK 3 LT 2 INT202200215318 DD08052022 CO-DC 2205000300200 16022050003
Census Tract019302
Assessed Land Value$1,215,000
Assessed Improvement Value$713,500
Assessment Year2025

About this property

Beautiful UP home with 5 beds, 4.1 baths, 4 living areas, an additional bonus room and pool. This light and bright home has spacious living areas and an open concept kitchen den that overlooks the pool. Off the den is a private bedroom with an adjoining renovated bathroom near a large laundry room. The laundry room includes space for sports equipment and storing backpacks. An updated powder bath near the foyer is perfect for guests. The second floor boasts a spacious primary suite with vaulted ceilings, sitting area, renovated spa bath with sep. vanities, soaking tub, walkin shower, two walkin closets and views overlooking the pool. Two additional bedrooms share a jack and jill bath each with walkin closets. There is a bonus room and closet that can double as a home office or bedroom. A cozy reading nook with bookshelves is located near the stairs to the 3rd floor bedroom and bath or it could be used as a playroom. Located near parks, retail and SMU. Great opportunity in HPISD!

Investor Tools

Property Icon
$2,227,000
Estimated Property Value
$1,220,120Estimated Mortgage Balance
$1,092,077Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,362 /month
Positive
Cash Flow Estimate:
$4,454 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,621
$1,928,500
2025
$1,215,000
$713,500
$1,928,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,621
$1,928,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dallas Mortgage Associates
Va
$1,220,120
Yes
First
Aug 5, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,134,923
$1,092,077
49%
51%
$7,316/mo

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: University Park

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2941 Dyer St | Property Details | No Agent List