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$8,750,000

3616 Beverly Dr, Highland Park, TX, 75205

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths5 Bath
Baths8,319 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,051.81 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesDishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator
FlooringHardwood, Marble, Parquet

About this property

Set on a prized 0.45-acre lot in the prestigious Fourth Section of Old Highland Park, this significant Richard Drummond Davis–designed residence offers an exceptional foundation for creating the home of your dreams. The existing 8,319*-square-foot home, with its grand two-story marble entry, iron-railed staircase and generous room sizes, possesses excellent architectural bones and scale. While the property will benefit from extensive remodeling and a complete redesign of the backyard and outdoor living spaces, the structure and floor plan provide a strong starting point for a sophisticated renovation. Whether you choose to thoughtfully renovate the existing Drummond Davis home or create something entirely new, 3616 Beverly Drive offers a rare combination of address, lot size, and potential that is seldom available in this highly competitive market.

Investor Tools

$0Estimated Mortgage Balance
$8,105,248Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$58,283 /month
Positive
Cash Flow Estimate:
$19,428 /month

Interested in this property?

Holly Davis

DHS Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$15,866/month
No HOA
5.947%

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: Highland Park

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