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$2,370,000

NAL Estimated Property Value

4415 Grassmere Ln, University Park, TX, 75205

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,087 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.57 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting
Lot Size7,125 sqft

Building Information

Year Built1941
Stories2
Roof Type105
Garage Spaces2

Land Information

APN60085500140170000
Lot Number17
SubdivisionHighland Park High School
Land UseResidential
Legal DescriptionHIGHLAND PARK HIGH SCHOOL BLK 14 LT 0017 INT200600382731 DD10062006 CO-DC 0855001401700 16008550014
Census Tract019502
Assessed Land Value$1,211,250
Assessed Improvement Value$1,054,810
Assessment Year2025

About this property

This beautiful freshened property is now available for a 12-month lease with immediate move-in availability. Situated just a short walk from Highland Park High School, this home is ideal for families or anyone seeking a comfortable and convenient living space in a prime location. There are spacious living areas, dual staircases and an additional downstairs room with a closet and an adjacent half bath—perfect for a guest or home office. Enjoy the screened-in porch, ideal for relaxing year-round, as well as a rolling driveway gate for added privacy and security and upstairs balcony in the Owner’s suite. The Landlord covers pool maintenance, so you can enjoy the pool without the hassle. Utilities and yard care are the tenant's responsibility. Grassy space next to driveway is turf. This home offers a great balance of privacy, convenience, and comfort in a sought-after neighborhood. Don’t miss out on this fantastic opportunity! Easy to schedule a tour.

Investor Tools

Property Icon
$2,370,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,370,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,220 /month
Positive
Cash Flow Estimate:
$4,740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,530/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,509
$2,266,060
2025
$1,211,250
$1,054,810
$2,266,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,509
$2,266,060

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,370,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
N/A
+$3,620/mo
1.8%

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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4415 Grassmere Ln | Property Details | No Agent List