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$1,180,870

4223 Lomo Alto Court, Highland Park, TX, 75219

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,852 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$324.33 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Dryer, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Washer, Gas Water Heater
FlooringWood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size3,014 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APN602058094A0190000
Lot Number19
SubdivisionTownes Of Highland Park
Land UseResidential
Legal DescriptionTOWNES OF HIGHLAND PARK BLK 94A LT 19 INT202100261856 DD09012021 CO-DC 2058094A01900 1692058094A
Census Tract019800
Assessed Land Value$271,260
Assessed Improvement Value$909,610
Assessment Year2025

About this property

Townes of Highland Park, the only gated development in the Park Cities HPISD. These private & secure townhomes house variety of owners from working singles to owners w 2nd homes & families w children of all ages. The unique development is walking distance to Whole Foods & a variety of other retail stores. This home has many beautiful upgrades including marble counters, designer paint, wallpaper, window covering, electric shades, jetted tub in the Mba, whole house window replacement, new landscape, appliances, sisal stair runner & a $50k ELEVATOR installed in July. You can settle in as is or add your own touches. There is an additional yearly exterior insurance assessment of approx $2000 paid by each homeowner.

Investor Tools

Property Icon
$1,180,870
Estimated Property Value
$0Estimated Mortgage Balance
$971,124Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,085 /month
Positive
Cash Flow Estimate:
$2,362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,298/month
$510/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,668
$1,180,870
2025
$271,260
$909,610
$1,180,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,668
$1,180,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Patriot Bank Mortgage Inc
Unknown
$417,000
No
First
Mar 22, 2007
Apr 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,746
$971,124
82%
18%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$510/mo
+$1,660/mo
2.2%

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: Highland Park

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4223 Lomo Alto Court | Property Details | No Agent List