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$1,726,000

NAL Estimated Property Value

3616 Binkley Ave, University Park, TX, 75205

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths3,661 Sq Ft
DuplexDuplex
price_per_sqft$2.46 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Double Oven, Vented Exhaust Fan, Warming Drawer, Washer
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size4,000 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN601375000D5BR0000
Lot Number5B
SubdivisionMt Vernon Annex Replat
Land UseResidential
Legal DescriptionMT VERNON ANNEX 2 REPLAT BLK D LOT 5BR ACS 0.096 INT201600079932 DD03242016 CO-DC 1375000D5BR00 1CQ1375000D
Census Tract019400
Assessed Land Value$620,000
Assessed Improvement Value$899,270
Assessment Year2025

About this property

This beautiful new construction SFA by RAM Custom Homes is available for lease and ready for move-in May 1st! Featuring a stone exterior with a gas lantern, high-end finishes throughout, and a cozy fireplace in the living room, this home offers luxurious living. With 4 bedrooms plus an optional 5th bedroom or media room on the third floor, complete with a full bath, it provides ample space and flexibility. The open living area includes a study, formal dining, and a beamed den that flows into a gourmet kitchen with stainless steel appliances and granite countertops. The primary suite is a true retreat, featuring an oversized bathroom with double vanities, a tub, a shower, and a huge custom walk-in closet. Outside, enjoy a private, turfed backyard with a fenced-in area, circle driveway, and a 2-car garage. Don’t miss this incredible opportunity in a prime University Park location!

Investor Tools

Property Icon
$1,726,000
Estimated Property Value
$627,160Estimated Mortgage Balance
$1,098,840Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,356 /month
Positive
Cash Flow Estimate:
$3,452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,971/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,018
$1,519,270
2025
$620,000
$899,270
$1,519,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,018
$1,519,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Affinity Fcu
Arm (Adjustable Rate Mortgage)
$550,000
No
First
Mar 24, 2016
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$627,160
$1,098,840
63%
36%
$3,732/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$3,732/mo
$-112/mo
2.5%

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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3616 Binkley Ave | Property Details | No Agent List