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$528,000

NAL Estimated Property Value

3401 Binkley Avenue B, University Park, TX, 75205

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,130 Sq Ft
price_per_sqft$415.04 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
FlooringCeramic Tile, Luxury Vinyl Plank, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.53 acres

Building Information

Year Built1985
Stories2
Roof Type104
Garage Spaces1

Land Information

APN6016560000003401A
Lot Number1-6
SubdivisionRemington At Smu Condos
Land UseResidential
Legal DescriptionREMINGTON AT SMU CONDOS WALKERS BLK 2 LTS 1-6,12-14 UNIT 3401A CE 1.8818% ACS 1.5286 INT202100165350 DD05282021 CO-DC
Census Tract019400
Assessed Land Value$194,240
Assessed Improvement Value$219,350
Assessment Year2025

About this property

PLEASE SUBMIT BEST AND FINAL OFFERS BY NOV 11 4PM. Thank You! Run, don't walk! to this darling UPDATED townhome with 2 bedrooms, 2 ensuite baths & one-half bath! First floor corner LOCATION next to the Lumen Hotel, for guests. New open Kitchen with Quartz countertops, custom cabinetry & Designer lighting. You will love all this adorable townhome has to offer, conveniently located within walking distance of SMU & Snider Plaza. Beautiful wood floors thru-out (No carpet) spacious living room with wood-burning fireplace, wet bar with quartz counters & outdoor patio with storage closet. The bright and airy kitchen features a large island with counter seating. Adjacent dining area with gorgeous chandelier & corner windows. Both bedrooms are located upstairs, showcasing bamboo floors & ensuite bathrooms. Dual sinks in primary bath. Bonus private access to second bedroom, great for roommates! Assigned parking space in the gated garage and another assigned space right in front of unit!

Investor Tools

Property Icon
$528,000
Estimated Property Value
$324,062Estimated Mortgage Balance
$203,938Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,168 /month
Positive
Cash Flow Estimate:
$1,056 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
$471/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,897
$413,590
2025
$194,240
$219,350
$413,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,897
$413,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Cities Lending Inc
Conventional
$325,000
No
First
Mar 13, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,062
$203,938
38%
61%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$2,420/mo
$-220/mo
5.0%

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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3401 Binkley Avenue B | Property Details | No Agent List