For SaleRisky Deal20 days on market

3420 Hanover Ave

3420 Hanover Ave, Dallas, TX 75225, Dallas, TX 75225
$5,085,000
Estimate®:$4,888,500

Listing Price

Property image 1
3420 Hanover Ave, Dallas, TX 75225
Loc: Dallas, TX
Days Listed
20
Tax Assessed
$4555k
Estimate®
$4889k
Market Rate
Lot Size
0.26 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

University Park Elementary School

PK-4
0.3 mi away
10

Highland Park Middle School

7-8
1 mi away
9

Highland Park High School

9-12
1.2 mi away
Haven Underwritten Market·Moderate DSCR (0.55x)

Dallas, TX Investment Analysis (2026)

Cap Rate: 3.42% · Median Rent: $2,700/mo · Effective Tax: 1.8%

Open Dallas Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

colonial revivaltwo-storypainted brickcovered balconywhite columnstraditionallarge front lawncircular drivewayshutterssymmetrical facadeluxurymature treecurb appeal

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.18%
Total ROI
71.4%
Cash Flow
$-4,436/mo
DSCR
0.83
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-4,436/mo net cash flow with a 5.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Dallas, TX
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-08Listed for sale$5,085,000$844
2026-07-08Listing removed$5,085,000$844
2026-05-07Price change$5,085,000$844
2026-04-20Listed for sale$5,125,000$851

Tax History

YearProperty TaxTax Assessment
2025$49,971.48$4,554,570
2024$46,872.31$4,326,890
2023$43,683.81$4,107,800
2022$45,642.03$3,091,190
2021$43,987.79$2,750,620
2020$45,248.8$2,767,870
2019$42,821.35$2,602,610
2018$44,193.24$2,602,610
2017$42,659.48$2,546,610
2016$41,601.83$2,546,610
2015$13,597.97$1,120,000
2014$13,597.97$1,176,180
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
5
Sq Ft
6,024

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