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$2,887,000

NAL Estimated Property Value

4009 Hanover Street, University Park, TX, 75225

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,463 Sq Ft
price_per_sqft$386.51 / sqft
Year BuiltBuilt in 2002

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 Refrigerator, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
FlooringCeramic Tile, Stone, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,000 sqft

Building Information

Year Built2002
Stories2
Roof Type104
Garage Spaces2

Land Information

APN60219500040250000
Lot Number25
SubdivisionUniversity Highlands
Land UseResidential
Legal DescriptionUNIVERSITY HIGHLANDS BLK D LT 25 INT202000228055 DD08212020 CO-DC 2195000402500 16021950004
Census Tract019501
Assessed Land Value$1,470,000
Assessed Improvement Value$1,410,000
Assessment Year2025

About this property

Perfectly nestled in the heart of the Fairway, this elegant Mediterranean styled home is on one of the best blocks in UP. Drive up to gorgeous stone exterior, clay tile roof and mature landscaping. Ideal for entertaining & family living, 1st floor features a formal dining, large library w fireplace, open concept family rm & kitchen featuring wood beamed ceiling & relaxing screened back porch. 2nd floor boasts 4 bedrooms, 4 baths & cozy game room. Hardwoods throughout 1st and 2nd floor, tankless water heater & turf grass in back yard w automatic gate. Served by Hyer Elementary & convenient to Parks, Shopping and Entertainment. From the practical to the beautiful, this home offers the best of Dallas living!

Investor Tools

Property Icon
$2,887,000
Estimated Property Value
$339,371Estimated Mortgage Balance
$2,547,629Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,322 /month
Positive
Cash Flow Estimate:
$5,774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,184
$2,880,000
2025
$1,470,000
$1,410,000
$2,880,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,184
$2,880,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Unknown
$500,000
No
First
Jun 15, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,371
$2,547,629
88%
12%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
N/A
+$3,860/mo
1.6%

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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4009 Hanover Street | Property Details | No Agent List