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$8,700,000

4021 Centenary Ave, University Park, TX, 75225

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths7,911 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,099.73 / sqft
Year BuiltBuilt in 2027

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Ice Maker, Microwave, Wine Cooler
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Balcony, Outdoor Grill
Lot Size12,253 sqft

Building Information

Year Built1947
Stories1
Roof Type105
Garage Spaces2

Land Information

APN602185004715A0000
Lot Number15A
SubdivisionUniversity Heights
Land UseResidential
Legal DescriptionUNIVERSITY HEIGHTS 6 BLK 47 LT 15A VOL70021/0843 DD01291970 CO-DC 2185004715A00 16021850047
Census Tract019501
Assessed Land Value$2,634,400
Assessed Improvement Value$270,710
Assessment Year2025

About this property

Conceived with the permanence of Old World architecture and the ease of refined transitional design, this new construction in the Park Cities by Shaw Building Group is a study in quiet luxury. Natural stone, warm selected woods, hand-applied plaster and dramatic ceiling treatments are layered with extensive custom millwork to create interiors of rare depth, and sophisticated in character. Drawing inspiration from the world's finest five-star hotels, the parlor and grand family room unfolds in a series of intimate seating vignettes, each adaptable to the way its owners entertain and unwind, all anchored by a monumental fireplace. The chef's kitchen is supported by a fully appointed scullery, allowing prep, storage and service to happen out of view. Upstairs, the primary wing is a private sanctuary with its own sitting area and fireplace. It is completed by dual custom closets, including a boutique-scale her closet, and separate commodes. A generously sized game room flows into a dedicated bunk room complete with a second laundry room creating a second living level made for family and guests. Sliding glass walls dissolve the boundary between the breakfast room and the covered loggia, where the outdoor kitchen with bar seating overlooks the sparkling pool and spa. This home also has a rare casita with a private entrance, used as a flexible executive office, guest room or fitness studio. A downstairs mudroom includes laundry, a built-in dog wash, a private side entrance and direct access to a dedicated dog run, keeping daily comings and goings discreetly separate from the entertaining spaces. Dramatic windows, natural stone, architectural lighting and exquisite woodwork carry throughout. This is a residence of true distinction, uniting the warmth and gravitas of traditional architecture with the openness, function and indoor-outdoor living that define the modern luxury lifestyle. Estimated completion is Spring 2027, more information available upon request.

Investor Tools

$5,500,307Estimated Mortgage Balance
$2,905,110Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$52,200 /month
Positive
Cash Flow Estimate:
$17,400 /month

Interested in this property?

Marjan Wolford

Christie's Lone Star

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,776/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,786
$2,905,110
2025
$2,634,400
$270,710
$2,905,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,786
$2,905,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interbank
Open End Mortgage / Open End With Future Advance Clause
$5,590,400
No
First
Oct 31, 2025
May 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,500,307
N/A
0%
189%
$33,518/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$33,518/mo
$-30,558/mo
1.2%

City: University Park

4021 Centenary Ave | Property Details | No Agent List