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$5,882,730

NAL Estimated Property Value

3636 Hanover St, University Park, TX, 75225

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths7,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,013.01 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Double Oven, Tankless Water Heater
FlooringStone, Wood

Exterior

Lot Size11,200 sqft

Building Information

Year Built2021
Stories2
Roof Type110
Garage Spaces3

Land Information

APN60218500080030000
Lot Number3
SubdivisionUniversity Heights
Land UseResidential
Legal DescriptionUNIVERSITY HEIGHTS BLK 8 LT 3 INT202300107853 DD05312023 CO-DC 2185000800300 16021850008
Census Tract019501
Assessed Land Value$2,520,000
Assessed Improvement Value$3,362,730
Assessment Year2025

About this property

Recently Completed and ready for move in - New Construction available in University Park by award winning builder LRO Residential. Traditional architectural design with clean lined finishes and a classic, but innovative floor plan. The 6 bedroom, 5 full and 2 half bath home has 3 full floors of living space accessible by multiple staircases and an elevator. A 3 car garage and gated driveway allow for plenty of auto storage. The spacious master suite on the second floor with a spa bath and extra large closets stretches the entire width of the front of the home providing amazing natural light. The architecture of the home is designed for an open floorplan with great exterior views to allow for an abundance of natural light. The exceptionally large rear yard space has room for a pool spa as well has grass space.

Investor Tools

Property Icon
$5,882,730
Estimated Property Value
$5,586,765Estimated Mortgage Balance
$295,965Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$44,370 /month
Positive
Cash Flow Estimate:
$14,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$12,076/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$115,493
$5,882,730
2025
$2,520,000
$3,362,730
$5,882,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$115,493
$5,882,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$5,912,000
No
First
May 31, 2023
Jun 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,586,765
$295,965
5%
95%
$35,446/mo

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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3636 Hanover St | Property Details | No Agent List