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$887,000

NAL Estimated Property Value

4242 Lomo Alto Drive N-57, Highland Park, TX, 75219

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,063 Sq Ft
price_per_sqft$399.81 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size3.51 acres

Building Information

Year Built1950
Stories1
Roof Type172
Garage Spaces1

Land Information

APN60005000000000N45
Lot Number6A
SubdivisionCrestpark In Highland Park Condo
Land UseResidential
Legal DescriptionCRESTPARK IN HIGHLAND PARK CONDO CRESTPARK WESTPK LT 6A ACS 1.305 UNIT N45 CE 0.94407994% INT201800158812 DD06092018 CO-DC
Census Tract019800
Assessed Land Value$129,780
Assessed Improvement Value$678,390
Assessment Year2025

About this property

Sophisticated One Bedroom, One and half Bath residence located in the prestigious CRESTPARK in Highland Park. This beautifully UPDATED 5th floor home is filled with natural light and features an open concept design, gleaming hardwoods, tranquil courtyard with skyline views, custom California closet storage with sleek modern finishes throughout. A full size washer and dryer adds everyday convenience. Perfectly positioned just steps from Whole Foods, premier dining, and just moments to Highland Park Village along with effortless access to the Dallas North Tollway. The CRESTPARK offers a truly luxury lifestyle with 24 hour concierge services, valet parking, building security, dual fitness centers, elegant library and piano room, along with banquet and entertaining spaces, resort style pool and lounge areas, grilling stations, lush landscaped gardens and robust calendar of curated community events. A real pied-a-terre type unit. Located in coveted Highland Park ISD, pet friendly, 2 under 30 lbs must get breed weight approval 1 assigned secured underground parking.

Investor Tools

Property Icon
$887,000
Estimated Property Value
$259,882Estimated Mortgage Balance
$627,118Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,322 /month
Positive
Cash Flow Estimate:
$1,774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,084/month
$853/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,572
$808,170
2025
$129,780
$678,390
$808,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,572
$808,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Iberiabank
Stand Alone First / Home Equity First Lien
$300,000
No
First
Aug 12, 2019
Sep 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,882
$627,118
70%
29%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$2,652/mo
+$78/mo
3.7%

Learn About the Market: Opportunity in Texas

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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: Highland Park

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4242 Lomo Alto Drive N-57 | Property Details | No Agent List