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$2,518,000

NAL Estimated Property Value

3121 Amherst Ave, University Park, TX, 75225

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,537 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$763.08 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Gas Cooktop, Microwave, Double Oven, Wine Cooler
FlooringCarpet, Marble, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,800 sqft

Building Information

Year Built1939
Stories2
Roof Type105
Garage Spaces2

Land Information

APN60027500210060000
Lot Number6
SubdivisionCaruth Hills
Land UseResidential
Legal DescriptionCARUTH HILLS BLK 21 LT 6 INT20070009876 DD01032007 CO-DC 0275002100600 16002750021
Census Tract019301
Assessed Land Value$2,058,000
Assessed Improvement Value$442,000
Assessment Year2025

About this property

Beautifully updated in 2015 by Ellen Grasso & Sons, this meticulously maintained 4 bedroom, 4 bath home is situated on a 70 x 140 lot in University Park. Boasting abundant curb appeal, this home is a timeless charmer and is a must see! Off the entry are light-filled, split formals. The living room features a gas fireplace and the dining room connects to the chef's kitchen via a 5 x 5 butler's pantry with built-ins and a walk-in pantry. Kitchen amenities include: 6-burner gas cooktop, dual ovens, built-in refrigerator and microwave, island with apron sink, an adjacent breakfast room with backyard views, and a wet bar with built-in cabinets and wine storage. The spacious family room overlooks the backyard oasis and offers built-ins and a gas fireplace. Completing the downstairs of this home are a full bathroom and a mudroom with a built-in desk, cabinets, locker storage, and a walk-in closet. The primary suite is located upstairs and is tucked away off a separate, three-step staircase. Highlights include two walk-in closets, dual sinks, a soaking tub, and a separate shower. Three secondary bedrooms are also upstairs (one ensuite and two which share a Jack and Jill bath) as well as a full-size laundry room with sink. The backyard is a stunning retreat perfect for entertaining and relaxing with a covered stone patio, wood-burning fireplace, heated pool with water feature, attached spa, and turf grass. The two-car detached garage has guest quarters (18 x 10) with a half-bath. Roof replaced in December 2024 with a Class 4 roof.

Investor Tools

Property Icon
$2,518,000
Estimated Property Value
$2,082,912Estimated Mortgage Balance
$435,088Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,194 /month
Positive
Cash Flow Estimate:
$5,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,734
$2,500,000
2025
$2,058,000
$442,000
$2,500,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,734
$2,500,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$2,101,229
No
First
Nov 20, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,082,912
$435,088
17%
83%
$12,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$12,598/mo
$-8,738/mo
1.8%

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: University Park

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3121 Amherst Ave | Property Details | No Agent List