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$2,499,000

3406 Amherst Ave, University Park, TX, 75225

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,358 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$744.19 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Washer
FlooringHardwood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,000 sqft

Building Information

Year Built1976
Stories2
Roof Type105
Garage Spaces2

Land Information

APN60218500850170000
Lot Number17
SubdivisionUniversity Heights
Land UseResidential
Legal DescriptionUNIVERSITY HEIGHTS BLK G LOT 17 INT202400021297 DD01312024 CO-DC 2185008501700 16021850085
Census Tract019400
Assessed Land Value$1,470,000
Assessed Improvement Value$994,490
Assessment Year2025

About this property

You won’t want to miss this insanely cute jewel box in the fairway of University Park. Owned and redone by a talented interior designer, this home is decked out to the nines with high-end finishes. The immaculate kitchen was taken to the studs in 2021 and features a Wolf range-oven, Sub-Zero fridge and incredible Calacatta Viola countertops. In 2023, the office and powder room just off the entry were redone. The office upgrades include new cabinetry along with a wet bar offering a wine fridge and ice machine. The powder room was completely remodeled with custom brass, marble countertop, plumbing and lighting. Upstairs you'll find new beautiful hardwood floors along with all four bedrooms and their adjoining bathrooms including a breathtaking fully-remodeled primary bath. From the functional layout to the newly-added laundry room to the turfed backyard, this house is move-in ready. The details do not skip a beat in this home, offering the perfect opportunity to get into the Park Cities.

Investor Tools

Property Icon
$2,464,490
Estimated Property Value
$3,000,000Estimated Mortgage Balance
$0Estimated Equity
-22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,994 /month
Positive
Cash Flow Estimate:
$4,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,771/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,933
$2,464,490
2025
$1,470,000
$994,490
$2,464,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,933
$2,464,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
I Thessalonians 5 18 Trust
Purchase Money Mortgage
$3,000,000
No
First
Jan 31, 2024
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,873,365
N/A
0%
117%
$17,987/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$17,987/mo
$-14,127/mo
1.9%

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.

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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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3406 Amherst Ave | Property Details | No Agent List