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$2,699,000

4521 Lorraine Ave, Highland Park, TX, 75205

PendingInfo
Beds3 Beds
Baths3 Bath
Baths3,256 Sq Ft
price_per_sqft$828.93 / sqft
Year BuiltBuilt in 1929

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Gas Cooktop, Microwave, Double Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,370 sqft

Building Information

Year Built1929
Stories2
Roof Type105

Land Information

APN60084501150140000
Lot Number14
SubdivisionHighland Park
Land UseResidential
Legal DescriptionHIGHLAND PARK BLK 115 LT 14 INT201300096004 DD03272013 CO-DC 0845011501400 16908450115
Census Tract019800
Assessed Land Value$1,506,600
Assessed Improvement Value$518,000
Assessment Year2025

About this property

Timeless Highland Park charmer situated on a 60 x 139 lot in the coveted, tree-lined French Streets. Filled with natural light, this inviting home offers an open and versatile floor plan with a stunning wall of windows overlooking the backyard and pool. The first floor features a gracious entry, elegant library with gas fireplace, a chef’s kitchen with adjoining dining area, a spacious living room with seamless access to the outdoor patio, a charming sunroom, and a private office. A shared full-size laundry and walk-in pantry, a half-bath with marble flooring, and an unfinished pool bath complete the lower level. Upstairs, the private primary suite is accompanied by two secondary bedrooms connected by a Jack-and-Jill bath. The expansive backyard is designed for entertaining with a large patio, sparkling pool, and generous grassy lawn. Ideally located near Flippen Park and Highland Park Village, and zoned to Bradfield Elementary.

Investor Tools

$767,040Estimated Mortgage Balance
$1,738,960Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,194 /month
Positive
Cash Flow Estimate:
$5,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,720/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,105
$2,024,600
2025
$1,506,600
$518,000
$2,024,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$20,105
$2,024,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commerce Mortgage
Va
$936,308
Yes
First
Oct 16, 2017
Nov 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$767,040
$1,738,960
69%
31%
$5,614/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
$5,614/mo
$-2,844/mo
1.3%

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: Highland Park

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4521 Lorraine Ave | Property Details | No Agent List