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$1,574,000

3400 Shenandoah St, University Park, TX, 75205

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,715 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$349.66 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Hardwood, Marble, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size21,500 sqft

Building Information

Year Built1984
Stories3
Roof Type105
Garage Spaces1

Land Information

APN60159750000003400
SubdivisionPresidents House Condominiums
Land UseResidential
Legal DescriptionPRESIDENTS HOUSE CONDOMINIUMS BLK 2 PT 8 & 11 ALL OF 9 & 10 UNIT 3400 CE 16.07% INT202300007935 DD01122023 CO-DC
Census Tract019400
Assessed Land Value$431,880
Assessed Improvement Value$636,180
Assessment Year2025

About this property

Renovated oversized President’s House condo across from Cox Chapel at SMU. Feels like a single family home being a corner unit and only shares one wall with neighbor. Lg windows with natural light and is truly a property unlike any other condo in the Park Cities. Marble in foyer entry, living and dining rooms. Marble counters in kitchen and island with double oven and Sub Zero fridge and built-in pantry. Large Butler’s pantry with powder bath between kitchen and dining. Completely repainted interior 2019 and exterior 2021. Elegant woods upstairs and down with travertine in primary suite. New HVAC in 2019 with new custom trunkline and new ductwork. 3 wood burning fireplaces. New front mahogany door. All bathrooms renovated and all new Kohler toilets. New expanded shower, marble floors and free standing soaking tub in primary bath and french doors that open from the bedrm to the private pool and fountains. 4 bedrms two with lofts above and a private study with loft space or storage.

Investor Tools

Property Icon
$1,574,000
Estimated Property Value
$445,000Estimated Mortgage Balance
$1,136,171Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,444 /month
Positive
Cash Flow Estimate:
$3,148 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,816/month
$1,165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,927
$1,068,060
2025
$431,880
$636,180
$1,068,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,927
$1,068,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$445,000
No
First
Jun 27, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$437,829
$1,136,171
72%
28%
$2,668/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.

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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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3400 Shenandoah St | Property Details | No Agent List