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$648,900

NAL Estimated Property Value

3411 Shenandoah Street D, University Park, TX, 75205

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,236 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$525.89 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesCourtyard, Lighting, Private Yard
Lot Size8,175 sqft

Building Information

Year Built1981
Stories2
Roof Type105
Garage Spaces1

Land Information

APN6018775000010000D
Lot Number3,3-4
Subdivision3405-11
Land UseResidential
Legal Description3405-11 SHENADOAH CONDOMINIUMS BLK 3 LOT 3 & PT LOT 4 UNIT D & 22.4% CE INT202200275701 DD10142022 CO-DC 1877500001000
Census Tract019400
Assessed Land Value$228,900
Assessed Improvement Value$420,000
Assessment Year2025

About this property

Fully remodeled 2-bedroom townhome less than a 5 minute walk from SMU! With it's close proximity to campus, it's a perfect property for producing consistent rental income. As you enter, you're greeted by rich hardwood floors that run through the home's common areas. Inviting living room is highlighted by a stylish marble tile fireplace, crown molding and built-in shelves and cabinets. Fully remodeled kitchen comes complete with sleek quartz countertops, modern tile flooring, new shaker cabinets with a two-tone look for added character and stainless steel appliances. A cutout looking into the living room makes the space feel more open. Both bathrooms have been updated with new flooring, vanities and fixtures, plus a brand new tile shower in the full bath. The private tree-shaded court yard is gives you a great outdoor space for back yard BBQs and pre-game tailgates! The home comes with its own 1-car garage. The HOA handles the yard and will keep the exterior in great shape!

Investor Tools

Property Icon
$648,900
Estimated Property Value
$89,124Estimated Mortgage Balance
$559,776Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,152/month
$262/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,577
$648,900
2025
$228,900
$420,000
$648,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,577
$648,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aegis Wholesale Corp
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$175,200
No
First
Nov 11, 2005
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,124
$559,776
86%
14%
$1,183/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$1,445/mo
+$755/mo
4.1%

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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3411 Shenandoah Street D | Property Details | No Agent List