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$753,000

NAL Estimated Property Value

3418 Mcfarlin Blvd Apt E, University Park, TX, 75205

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,720 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$464.53 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesCourtyard, Lighting
Lot Size10,560 sqft

Building Information

Year Built2003
Stories3
Roof Type105
Garage Spaces2

Land Information

APN60C2150000000000E
Lot Number18
SubdivisionMcfarlin Parkway Condos
Land UseResidential
Legal DescriptionMCFARLIN PARKWAY CONDOS UNIVERSITY PARK BLK 1 LT 18 UNIT E CE 0.20% INT202300051686 DD03162023 CO-DC C215000000000
Census Tract019400
Assessed Land Value$264,000
Assessed Improvement Value$338,000
Assessment Year2025

About this property

Stylish and sophisticated tri-level townhouse style condominium situated along the esplanade of McFarlin Blvd! Recent cosmetic updates enhance the unknit which boasts hardwood flooring on stairs and all three levels! The first floor consists of the foyer and an attached two-car garage, providing extra security, second floor living areas include the Living Room, anchored by a corner fireplace, Dining Room open to the kitchen via a Breakfast Bar and a nearby Laundry Room! An LG remote control stove and Bosch dishwasher are among recent improvements. Kitchen backsplash installed and all interior walls have been painted during present owner’s tenure. The Laundry Room contains and LG washer and dryer which will convey with the property! The third floor features a spacious primary suite with nicely appointed en suite bath and a walk-in closet. The secondary bedroom, on the same floor, also features an ensuite bath. Walking distance to all facets of SMU, Goar Park and University Park City Hall, Snider Plaza and the McCulloch Middle School-Highland Park Junior High facility. A very nice offering in University Park!

Investor Tools

Property Icon
$753,000
Estimated Property Value
$366,909Estimated Mortgage Balance
$386,091Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,085/month
$474/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,252
$602,000
2025
$264,000
$338,000
$602,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,252
$602,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Republic Bank
Conventional
$387,000
No
First
Mar 16, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$366,909
$386,091
51%
49%
$2,008/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$2,482/mo
$-282/mo
3.5%

City: University Park

3418 Mcfarlin Blvd Apt E | Property Details | No Agent List