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$1,295,000

3440 Granada Ave, University Park, TX, 75205

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$507.05 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size4,325 sqft

Building Information

Year Built1984
Roof Type105
Garage Spaces2

Land Information

APN602165500311A0000
Lot Number11A
SubdivisionUniversity Annex 2nd Inst Rep
Land UseResidential
Legal DescriptionUNIVERSITY ANNEX 2ND INST REP BLK C LOT 11A INT201700166102 DD06122017 CO-DC 2165500311A00 16021655003
Census Tract019400
Assessed Land Value$800,130
Assessed Improvement Value$611,990
Assessment Year2026

About this property

Highly sought-after two-story SFA in HPISD with an open floor plan, spacious living areas and abundant natural light. Welcoming 10' entry opens to formal living and dining areas with hardwood floors throughout. Second living area flows into the kitchen updated with new backsplash and freshly painted cabinetry. Upstairs features new carpet throughout, a spacious primary suite with built-ins, two walk-in closets and large bathroom, plus two additional bedrooms with a shared bath. New roof in 2026. Covered pergola patio space, detached two-car garage, plus additional parking spaces on circular driveway in front for ample parking. Ideally located within walking distance to SMU and less than a block to nearby shops and restaurants.

Investor Tools

$737,806Estimated Mortgage Balance
$680,194Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,508 /month
Positive
Cash Flow Estimate:
$2,836 /month

Interested in this property?

Catherine Blevens

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,692/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,212
$1,412,120
2026
$800,130
$611,990
$1,412,120
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,212
$1,412,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$766,550
No
First
Sep 23, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$737,806
$680,194
47%
52%
$4,596/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
$4,596/mo
$-1,826/mo
2.3%

City: University Park