3445 Lovers Lane new Save Request In-Person Tour Request Virtual Tour
University Park,TX 75225
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,666 sqft
Price per Sqft $397
Subdivision Hursey
MLS Listing ID 20915363
Bedrooms 7
Full Baths 7
HOA Y/N None
Total Fin. Sqft 5666
Year Built 1937
Lot Size 7,013 Sqft
Acres 0.161
Lot Dimensions 52x135
Property Sub-Type Quadruplex
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.
Location
State TX
County Dallas
Community Jogging Path/Bike Path,Pickle Ball Court,Playground,Pool,Restaurant,Sidewalks,Tennis Court(S)
Direction Located one off the corner of Dickens and Lovers Lane, on the south side of the street, with close proximity to University Park Elementary, Curtis Park and the UP Pool, and Snider Plaza.
Interior
Interior Features Cable TV Available,Decorative Lighting,Eat-in Kitchen,High Speed Internet Available,Multiple Staircases,Open Floorplan,Vaulted Ceiling(s)
Heating Central,Natural Gas,Zoned
Cooling Central Air,Electric,Zoned
Flooring Carpet,Wood
Fireplaces Number 3
Fireplaces Type Gas Logs,Wood Burning
Appliance Built-in Refrigerator,Dishwasher,Disposal,Dryer,Refrigerator,Washer
Heat Source Central,Natural Gas,Zoned
Exterior
Exterior Feature Balcony,Rain Gutters
Garage Spaces 3.0
Carport Spaces 3
Community Features Jogging Path/Bike Path,Pickle Ball Court,Playground,Pool,Restaurant,Sidewalks,Tennis Court(s)
Utilities Available Alley,City Sewer,City Water,Curbs,Electricity Available,Electricity Connected,Individual Gas Meter,Individual Water Meter,Master Gas Meter
Roof Type Composition
Total Parking Spaces 3
Garage Yes
Building
Lot Description Interior Lot,Landscaped,Park View,Sprinkler System
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools University
Middle Schools Highland Park
High Schools Highland Park
School District Highland Park Isd
Others
Ownership see agent
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20915363