3445 Lovers Ln, University Park, TX 75225
- $2,250,000
- 7
- BD
- 7
- BA
- 5,666
- SqFt
- List Price
- $2,250,000
- MLS#
- 20915363
- Status
- ACTIVE UNDER CONTRACT
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1937
- Construction Status
- Preowned
- Bedrooms
- 7
- Full Baths
- 7
- Acres
- 0.16
- Living Area
- 5,666
- County
- Dallas
- City
- University Park
- Subdivision
- Hursey
- Building Name
- 3445 Lovers Lane
Property Description
This is the Prime Investment Opportunity in the Heart of University Park that is so difficult to find! This well-maintained, income-producing 4-plex offers exceptional value in an unbeatable location — just steps from the tennis courts, playgrounds, green spaces of Curtis Park, the UP pool, and University Park Elementary. Owned by the same family for many years, this property has been thoughtfully and consistently upgraded to ensure long-term stability and appeal. Recent major improvements include a complete HVAC system replacement, installation of a rear staircase, energy-efficient replacement windows, a new Class 4 impact-resistant roof (2025), new gutters, replacement of all hot water heaters, and a rebuilt front porch. The owner's unit, a spacious 3-bedroom apartment, features a fully remodeled kitchen and bathroom with stylish, modern finishes. Each of the four apartments is unique, bright, freshly painted, and carefully maintained. The three rental units have long-term tenants, offering solid and reliable rental income. Located near the exciting redevelopment around Snider Plaza, this property not only offers immediate returns but also strong potential for future value appreciation.
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Additional Information
- Amenities
- Fireplace
- Lot Size
- 7,013
- Acres
- 0.16
- Lot Description
- Irregular Lot, Landscaped, Sprinkler System-Yard
- Interior Features
- Decorative Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Multiple Staircases, Open Floorplan, Cable TV, Vaulted/Cathedral Ceilings
- Flooring
- Carpet, Wood
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- Stories
- 2
- Pool Features
- None, Community
- Fireplaces
- 3
- Fireplace Type
- Gas Log, Wood Burning
- Exterior
- Balcony, Rain Gutters
- Garage Spaces
- 3
- Carport Spaces
- 3
- Parking Garage
- Additional Parking, Alley Access, Circular Driveway, Garage, Garage Door Opener, Parking Pad, Garage Faces Rear
- School District
- Highland Park Isd
- Elementary School
- University
- Middle School
- Highland Park
- High School
- Highland Park
- Possession
- CloseOfEscrow, Negotiable
- Possession
- CloseOfEscrow, Negotiable
- Community Features
- Playground, Pickleball, Pool, Restaurant, Sidewalks, Tennis Court(s), Near Trails/Greenway, Curbs
Mortgage Calculator
Listing courtesy of Susan Baldwin from Allie Beth Allman & Assoc.. Contact: 214-763-1591