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$3,250,000

3105 Drexel Dr, Highland Park, TX, 75205

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,460 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$728.7 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Ice Maker, Microwave, Wine Cooler
FlooringWood

Exterior

Exterior FeaturesAwning(s), Balcony, Private Yard
Lot Size7,500 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APN60084500480070000
Lot Number7
SubdivisionHighland Park 4th
Land UseResidential
Legal DescriptionHIGHLAND PARK 4TH INST BLK 48 LOT 7 INT201900202814 DD08022019 CO-DC 0845004800700 16908450048
Census Tract019600
Assessed Land Value$1,087,500
Assessed Improvement Value$1,304,500
Assessment Year2025

About this property

Situated in a premier Highland Park location, this beautifully updated 4-bedroom, 4.5-bath home offers exceptional access to the Katy Trail and Knox Henderson, and is zoned to highly coveted Armstrong Elementary. The thoughtfully renovated main level features a stunning kitchen with leathered granite and marble surfaces, custom cabinetry, Sub-Zero refrigerator, new range and dishwasher, and designer lighting. A stylish white oak bar with brass and glass shelving and Scotsman ice maker creates the perfect entertaining space. Additional highlights include a remodeled powder bath, updated butler’s pantry, and a newly added wine closet. Light-filled living spaces open to the outdoors with all-new rear windows and expansive 10-foot sliding doors, creating seamless indoor-outdoor flow. Recent updates include re-stained hardwood floors, a remodeled fireplace with plaster finish, and designer wall coverings throughout. Upstairs offers spacious bedrooms and a laundry room. The gameroom or quarters features new paint, fridge drawers, sink, and granite, providing flexible living options. Additional improvements include a new downstairs HVAC unit and fresh exterior paint along the back of the home. A true move-in ready opportunity in one of Highland Park’s most sought after locations.

Investor Tools

Property Icon
$3,250,000
Estimated Property Value
$1,085,400Estimated Mortgage Balance
$1,817,427Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,500 /month
Positive
Cash Flow Estimate:
$6,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,536/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,179
$2,392,000
2025
$1,087,500
$1,304,500
$2,392,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$26,179
$2,392,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$1,085,400
No
First
Apr 1, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,432,573
$2,031,427
58%
44%
$9,446/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$9,446/mo
$-5,826/mo
1.3%

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: Highland Park

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3105 Drexel Dr | Property Details | No Agent List