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$3,600,000

NAL Estimated Property Value

4408 Westway Ave, Highland Park, TX, 75205

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,672 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$555.44 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size11,095 sqft

Building Information

Year Built1930
Stories2
Roof Type110
Garage Spaces2

Land Information

APN60242501000140000
Lot Number14
SubdivisionWest Park
Land UseResidential
Legal DescriptionWEST PARK BLK 100 LT 14 INT202300124083 DD06232023 CO-DC 2425010001400 16924250100
Census Tract019800
Assessed Land Value$1,664,250
Assessed Improvement Value$930,750
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED - Highest and Best Requested by 2pm Sunday, June 11. Rare opportunity to own a piece of history with space for privacy in one of the most sought-after neighborhoods in Texas. Built in 1930 on a full quarter acre lot in award winning HPISD. Home retains much of its original character with beautiful hardwoods throughout, arched doorways, venetian plaster walls, light filled sunrooms, three fireplaces and a sparkling pool. Stunning front entry reveals a beautiful wide staircase, library, sun room, and formal living and dining rooms.The home features 4 bedrooms and 4.5 bathrooms upstairs in main house, plus a bedroom and full bath guest quarters above a 3 car garage. 70x158 lot provides ample space for outdoor entertaining or opportunity for expansion. Prime location on a bucolic tree-lined street, a short walk to Bradfield Elementary and Highland Park Village, and just 10-15 minutes from both Downtown Dallas and Love Field airport. Property to be sold as is.

Investor Tools

Property Icon
$3,600,000
Estimated Property Value
$1,842,333Estimated Mortgage Balance
$1,757,667Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,600 /month
Positive
Cash Flow Estimate:
$7,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$32,526
$2,595,000
2025
$1,664,250
$930,750
$2,595,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$32,526
$2,595,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Micah Nance Etux
Seller Carryback / Seller Financing / Seller Take-Back
$1,946,250
No
First
Jun 23, 2023
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,842,333
$1,757,667
48%
51%
$11,669/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$11,669/mo
$-8,049/mo
1.2%

City: Highland Park

4408 Westway Ave | Property Details | No Agent List