Last 24 Hours
$2,600,000
3237 Hanover St, University Park, TX, 75225
On Market
Just Added
3 Beds
2 Bath
1,688 Sq Ft
Built in 1929Property Lead Type:
Absentee OwnerHigh EquityVacant Homes
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Lot Size11,200 sqft
Building Information
Year Built1929
Roof Type105
Garage Spaces1
Land Information
APN60218500040110000
Lot Number11
SubdivisionUniversity Heights
Land UseResidential
Legal DescriptionUNIVERSITY HEIGHTS BLK R LT 11 PROB NO.81-3655-P/3 CO-DC 7600400401100 16021850004
Census Tract019301
Assessed Land Value$2,352,000
Assessed Improvement Value$214,890
Assessment Year2026
About this property
Rare opportunity to create your dream home in University Park and Highland Park school district. 70 x 160 foot lot. Value in land only. Call your architect and builder to create your dream home in one of DFW’s most sought-after enclaves! No access to current structure. Will be a popular listing: Corporate seller requires several days on-market before offer acceptance
Investor Tools
$0Estimated Mortgage Balance
$2,566,890Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,600 /month
Positive
Cash Flow Estimate:
$5,200 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,276/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$38,477
$2,566,890
2026
$2,352,000
$214,890
$2,566,890
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2026
$38,477
$2,566,890
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,566,890
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,360/mo
N/A
+$3,360/mo
1.6%
12.4%