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$2,595,000

4629 Lorraine Ave, Highland Park, TX, 75209

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,839 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$675.96 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Refrigerator, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Refrigerator, Tankless Water Heater, Wine Cooler
FlooringMarble, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size6,685 sqft

Building Information

Year Built1941
Roof Type105
Garage Spaces4

Land Information

APN60084501610070000
Lot Number7
SubdivisionHighland Park
Land UseResidential
Legal DescriptionHIGHLAND PARK LT 0007 00161 INT201300119749 DD04152013 CO-DC 0845016100700 16908450161
Census Tract019800
Assessed Land Value$835,630
Assessed Improvement Value$1,326,950
Assessment Year2026

About this property

This classic 4 bedroom, 3.5 bath home with an ELEVATOR sits on a beautiful tree lined street in coveted West Highland Park. Hardwood floors and plantation shutters lend warmth to the first floor living spaces, including a formal living room with a gas fireplace and a spacious den with a wall of built-ins. Open to the den, the kitchen features a marble island, stainless steel appliances, two dishwashers, a wine fridge and abundant cabinetry. An adjoining butler’s pantry provides additional storage and serving space and connects the kitchen to the formal dining room. The kitchen and den overlook the landscaped, turfed backyard, where a covered porch and separate pergola create inviting spaces for outdoor living and entertaining. The second floor brings together four bedrooms and a laundry room, with hardwood floors continuing throughout. The oversized primary suite features vaulted ceilings, separate his & her walk in closets and a marble bath with a garden tub and separate shower. The elevator provides access from the first floor to the upstairs laundry room and primary suite. Exceptional storage, a newer roof, a tankless water heater, an automatic rear gate and a MosquitoNix system complete the home.

Investor Tools

$798,791Estimated Mortgage Balance
$1,625,209Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,570 /month
Positive
Cash Flow Estimate:
$5,190 /month

Interested in this property?

Clair Storey

Briggs Freeman Sotheby's Int'l

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,131
$2,162,580
2026
$835,630
$1,326,950
$2,162,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
$18,131
$2,162,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Benchmark Bank
Conventional
$900,000
No
First
May 3, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$798,791
$1,625,209
67%
33%
$4,042/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,090/mo
$4,042/mo
$-952/mo
1.5%

City: Highland Park

4629 Lorraine Ave | Property Details | No Agent List