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$2,965,000

NAL Estimated Property Value

3828 Purdue Avenue, University Park, TX, 75225

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,071 Sq Ft
price_per_sqft$436.01 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave, Double Oven, Warming Drawer, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting, Private Yard
Lot Size7,000 sqft

Building Information

Year Built1985
Stories2
Roof Type105
Garage Spaces2

Land Information

APN60218500980140000
Lot Number14
SubdivisionUniversity Heights Rev
Land UseResidential
Legal DescriptionUNIVERSITY HEIGHTS REV BLK T LOT 14 INT201900276440 DD10112019 CO-DC 2185009801400 16021850098
Census Tract019501
Assessed Land Value$1,470,000
Assessed Improvement Value$930,000
Assessment Year2025

About this property

Elegant renovation in the heart of the University Park Fairway! Colonial style home with transitional interior and modern accents with 4 beds, 4.1 baths. Open living and kitchen space with new built in Viking appliances including a 6 burner gas range and griddle. Statuary white marble countertops, custom cabinetry, decorative lighting and island added. Wet bar featuring Neolith countertops, double refrigerator drawers & ice maker. Formal dining with designer Quadrille wallpaper & European antique chandelier. Bonus game room and media room. Luxury outdoor space with a pitched covered patio, lueder stone floor and built in Lynx grill. New low maintenance turf backyard, landscaping, fence & sliding gate.

Investor Tools

Property Icon
$2,965,000
Estimated Property Value
$1,890,184Estimated Mortgage Balance
$1,074,816Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,790 /month
Positive
Cash Flow Estimate:
$5,930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,661/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,109
$2,400,000
2025
$1,470,000
$930,000
$2,400,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29,109
$2,400,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Conventional
$1,960,000
No
First
Aug 30, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,890,184
$1,074,816
36%
64%
$11,752/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$11,752/mo
$-7,892/mo
1.6%

City: University Park

3828 Purdue Avenue | Property Details | No Agent List