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$960,000

4212 Lomo Alto Drive 202, Highland Park, TX, 75219

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,033 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$472.21 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Washer, Wine Cooler
FlooringHardwood, Marble

Exterior

Exterior FeaturesBalcony, Courtyard, Lighting, Private Entrance, Rain Gutters
Lot Size27,936 sqft

Building Information

Year Built1983
Roof Type106
Garage Spaces2

Land Information

APN60180000000A00202
Lot Number4-5
SubdivisionSavoy Condominiums
Land UseResidential
Legal DescriptionSAVOY CONDOMINIUMS WESTPARK ADDN BLK 94 LOTS 4 & 5 BLDG A UNIT 202 CE 6.2587% INT201700201150 DD07142017 CO-DC 2425009400400
Census Tract019800
Assessed Land Value$157,370
Assessed Improvement Value$622,630
Assessment Year2026

About this property

What an opportunity to own an exceptional front corner one-story residence in the coveted 19-unit Savoy Condominium in Highland Park and renown Highland Park ISD. On a tree lined street, welcome to “lock and leave” living in a home with traditional charm, modern updates, and thoughtful design. A convenient location within walking distance of shops, dining, and Whole Foods, enjoy living in the Town of Highland Park with exceptional city services (police, fire, EMS), five parks, tennis courts, swimming pool, and public library--near iconic Highland Park Village and minutes from Downtown Dallas and Love Field. One of only six front corner units, this 2,033-square foot home has a smartly curated floor plan that provides effortless living and entertaining. The open design with hardwood floors offers an abundance of natural light throughout with tall windows and outdoor views on three sides. The private covered front terrace balcony in the treetops is off a gracious living room with fireplace and wet bar (with beverage refrigerator) opening into the dining room with exquisite chandelier. A “cook’s” kitchen with kitchen island features granite countertops, granite and tile backsplash, solid wood cabinetry, stainless appliances plus pantry and utility closet with stack washer and dryer. The spacious primary bedroom enjoys a sitting area and large walk-in closet. An ensuite spa-like bath is designed with marble counters and floors; large soaking tub; separate glass shower; and modern lighting and fixtures. Two more updated bedrooms (one with ensuite full bath with marble), and a lovely half bath, with custom tile and marble, complete the great floor plan. The third bedroom could be a great study or home office. Each resident has two designated storage closets and two parking spaces in the underground garage easily accessed by elevator. The Savoy in Highland Park makes living easy!

Investor Tools

$0Estimated Mortgage Balance
$796,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,760 /month
Positive
Cash Flow Estimate:
$1,920 /month

Interested in this property?

Malinda Arvesen

Briggs Freeman Sotheby's Int'l

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
$1,576/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,243
$780,000
2026
$157,370
$622,630
$780,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,243
$780,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$796,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$1,576/mo
+$1,154/mo
4.1%

City: Highland Park