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$3,205,000

3104 Drexel Dr, Highland Park, TX, 75205

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$612.94 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Trash Compactor, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave, Double Oven, Warming Drawer
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,500 sqft

Building Information

Year Built1985
Stories2
Roof Type110
Garage Spaces2

Land Information

APN60084500470120000
SubdivisionHighland Park
Land UseResidential
Legal DescriptionHIGHLAND PARK BLK 47 LT 12 DREXEL DR INT202300171377 DD08242023 CO-DC 0845004701200 16908450047
Census Tract019600
Assessment Year2025

About this property

Beautiful Georgian home in Highland Park. Generously proportioned formals with arched openings and millwork. Family room offers built-in cabinets, picture molding, gas fireplace and French doors looking into backyard. The kitchen is perfect for any chef with double sinks, Jenn-Air gas cooktop, built in Sub-Zero refrigerator, Bosch dishwasher, double ovens and plenty of counter space. Butler's pantry connects the kitchen and dining room and includes a beverage refrigerator, built-in cabinets for china and crystal. Conveniently located powder bath off of the staircase. All bedrooms located upstairs. Primary bedroom suite is large with a fireplace, sitting area and bathroom with walk-in shower and standalone tub. Additional three beds are spacious, one includes an en suite bathroom and fireplace and the other two share a jack and jill bath. Nice grassy area in the backyard with a 2 car detached garage and FULL quarters. Incredible opportunity in coveted HP and steps from the Katy Trail!

Investor Tools

Property Icon
$3,205,000
Estimated Property Value
$1,795,000Estimated Mortgage Balance
$1,470,822Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,230 /month
Positive
Cash Flow Estimate:
$6,410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$35,100
$2,795,000
2025
N/A
N/A
$2,795,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$35,100
$2,795,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hsbc Bank Usa
Conventional
$1,795,000
No
First
Aug 24, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,734,178
$1,470,822
45%
54%
$11,088/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$11,088/mo
$-7,468/mo
1.4%

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.

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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: Highland Park

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3104 Drexel Dr | Property Details | No Agent List