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$5,299,000

3118 Cornell Avenue, Highland Park, TX, 75205

Under ContractInfo
Beds5 Beds
Baths6 Bath
Baths4,880 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,085.86 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Tankless Water Heater, Wine Cooler
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard, Rain Gutters, Lighting, Outdoor Kitchen, Private Yard
Lot Size7,500 sqft

Building Information

Year Built1981
Stories2
Roof Type105
Garage Spaces2

Land Information

APN60084500580180000
Lot Number18
SubdivisionHighland Park
Land UseResidential
Legal DescriptionHIGHLAND PARK BLK 58 LT 18 INT202200027825 DD01282022 CO-DC 0845005801800 2TH08450058
Census Tract019600
Assessed Land Value$1,087,500
Assessed Improvement Value$1,712,500
Assessment Year2025

About this property

Set on a premier corner lot in the heart of Highland Park, framed by towering live oaks & lush, manicured grounds, this exceptional residence offers a rare sense of privacy & presence. Meticulously renovated by Coats Homes, every space reflects a level of craftsmanship, architectural intention, & finish that is both refined & enduring. A timeless painted brick façade with classic shutters, copper gas lanterns, steel doors, & a charming front courtyard creates an elegant arrival. Inside, a graceful two-story entry sets the tone, opening to a thoughtfully designed floor plan that balances sophistication with livability. Designer wall coverings, elevated finishes, & curated materials carry throughout. The home offers 5 bedrooms, 6.1 baths, including a pool bath, along with a spacious study that easily functions as a den or playroom. Two laundry areas & a well-appointed mudroom with a pocket office enhance everyday functionality, complemented by the convenience of dual staircases. The kitchen serves as a true centerpiece—layered in marble, surrounded by a wall of windows, & anchored by a sculptural floating range hood & a statement 72inch La Cornue range in signature blue. A sunlit breakfast room with built-in banquette seating & a formal dining room opening to a private side courtyard create effortless flow for both daily living & entertaining. The family room, centered around a beautiful fireplace, features expansive steel doors that open to the outdoor living space, while a striking wet bar with folding windows allows for seamless indoor-outdoor serving.The primary suite is a serene retreat, featuring dual closets & a spa-inspired bath with a steam shower, white oak vanities, & a wonderful soaking tub.Each secondary bedroom is generously appointed with en-suite baths & walk-in closets.Outdoors, the covered loggia & backyard unfold as a private resort—complete with pool, turf, & outdoor kitchen.A rare offering defined by design,detail,& an unmistakable sense of luxury

Investor Tools

$3,364,529Estimated Mortgage Balance
$2,973,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$31,794 /month
Positive
Cash Flow Estimate:
$10,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,068/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$33,956
$2,800,000
2025
$1,087,500
$1,712,500
$2,800,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$33,956
$2,800,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$3,400,000
No
First
Aug 21, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,364,529
N/A
0%
113%
$20,102/mo

City: Highland Park

3118 Cornell Avenue | Property Details | No Agent List