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Days1884Days on Market
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$695,000

$725,000

3785 Park Pl, Addison, TX, 75001

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,278 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$305.09 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Ice Maker, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Granite, Hardwood, Painted/Stained, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5,792 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN100007600C0090000
Lot Number9
SubdivisionAddison Town Center
Land UseResidential
Legal DescriptionADDISON TOWN CENTER BLK C LT 9 INT202100152848 DD05202021 CO-DC 0007600C00900 3100007600C
Census Tract013726
Assessed Land Value$144,000
Assessed Improvement Value$705,150
Assessment Year2025

About this property

New Price! Welcome to one of Addison's most desirable neighborhoods. Nestled among mature trees and beautifully maintained homes, this residence is located in one of Addison's most charming communities, offering a warm, welcoming atmosphere that makes the neighborhood truly special. Thoughtfully designed with timeless architecture, soaring ceilings, hardwood floors, plantation shutters, abundant natural light, and quality craftsmanship throughout, this home offers the perfect balance of elegance and everyday comfort. The beautifully landscaped private courtyard provides a peaceful retreat, ideal for relaxing or entertaining family and friends. One of the home's most unique features is its private gated access to Les Lacs Park, where scenic walking trails, tennis courts, playgrounds, and open green space are just steps from your backyard. Enjoy all the benefits of this exceptional location with no HOA, while being just minutes from Vitruvian Park, the vibrant restaurants and events of Addison Circle, the exclusive Addison Athletic Club, and more than 200 restaurants that make Addison one of North Texas' premier destinations for dining, entertainment, and recreation. Convenient access to the Dallas North Tollway, I-635, Galleria Dallas, Addison Airport, and major corporate campuses adds to this home's outstanding location. More than just a home, it's an opportunity to enjoy one of North Texas' most walkable, vibrant, and connected communities.

Investor Tools

$373,549Estimated Mortgage Balance
$477,788Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,095 /month
Positive
Cash Flow Estimate:
$1,698 /month

Interested in this property?

Tien Phan

Modern Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,613
$849,150
2025
$144,000
$705,150
$849,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,613
$849,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kim Yen Thi Le
Balloon
$413,000
No
First
May 20, 2021
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,549
$475,601
56%
44%
$2,477/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$2,477/mo
+$243/mo
3.8%

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.

Explore Texas Explore This Area
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: Addison

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3785 Park Pl | Property Details | No Agent List