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$460,000

3401 Binkley Ave Apt C, University Park, TX, 75205

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths974 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$472.28 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

Lot Size1.53 acres

Building Information

Year Built1985
Stories2
Roof Type104
Garage Spaces1

Land Information

APN6016560000003401C
Lot Number1-6
SubdivisionRemington At Smu Condos
Land UseResidential
Legal DescriptionREMINGTON AT SMU CONDOS WALKERS BLK 2 LTS 1-6,12-14 UNIT 3401C CE 1.8238% ACS 1.5286 VOL2005112/14016 DD05272005 CO-DC
Census Tract019400
Assessed Land Value$188,250
Assessed Improvement Value$246,750
Assessment Year2025

About this property

Directly across from SMU in the heart of University Park, this updated split-level condo offers a walkable Park Cities location near Snider Plaza, restaurants, shopping and coffee shops. The 974-square-foot residence features a living room, kitchen and half bath on the main level, with a flexible den, primary bedroom and full bath upstairs. Both bathrooms have been completely renovated, highlighted by new vanities and an oversized walk-in shower with a frameless glass enclosure in the primary bath, while fresh interior paint carries throughout the home. A private patio provides additional outdoor living space, and two prime parking spaces add everyday convenience. Located within a gated community with a swimming pool, this University Park condo places SMU, Snider Plaza and some of the Park Cities’ most popular dining and shopping destinations within easy reach.

Investor Tools

$0Estimated Mortgage Balance
$452,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

Interested in this property?

Blake Lamb

Briggs Freeman Sotheby's Int'l

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
$461/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,679
$435,000
2025
$188,250
$246,750
$435,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,679
$435,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$452,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,860/mo
$461/mo
+$1,399/mo
4.9%

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: University Park

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3401 Binkley Ave Apt C | Property Details | No Agent List