tomo logo

$2,000,000

Beds
4
Baths
6.0
sq ft
3,877

3240 Lovers Ln, Dallas, TX 75225

3240 Lovers Ln

University Park, TX 75225

  • <1 day on market
Located in the prestigious University Park, 3240 Lovers Lane offers an exquisite blend of modern elegance and timeless charm. This stunning residence boasts a thoughtfully designed floor plan perfect for both comfortable living and sophisticated entertaining. Featuring four bedrooms and four full and two half-bathrooms, a study, and a game room, this home is adorned with high-end finishes throughout. The gourmet kitchen is equipped with high-end appliances and ample counter space. The expansive living areas offer a seamless transition to a beautifully turfed and landscaped backyard oasis with sparkling pool and spa. Situated within walking distance of top-rated schools, parks, and upscale shopping, this property provides a rare opportunity to experience the finest aspects of University Park living.

Details

Property type

Single Family Residence

Est. home value

$1,882,812

Lot size

7,927.92 sq ft

Price per sq ft

$516

Year built

1995

Annual property taxes

$28,881

Price History

03/15/2025
NTREIS

NTREIS #20869977

Listed
$2,000,000
03/31/2023
NTREIS

NTREIS #20256152

Removed

Schools & Community

Elementary school: 

University

Middle school: 

Highland Park

High school: 

Highland Park

Community features: 

Curbs, Sidewalks

School district: 

Highland Park ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$654,744
Asking price
$2,000,000
Closing costs (~8% of asking)
-$160,000
Est. remaining loan balance
-$1,185,256
Cash to seller
$654,744

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

March 2023

Original loan amount

$1,214,000

Est. remaining balance

$1,185,256

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Monica D Lennox and James Matthew Knott

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/15/2025 at 1:05 PM

Listing updated: 03/15/2025 at 10:47 AM

Listed by: Annalee Aston, Compass RE Texas, LLC. Phone #: (214) 814-8100

MLS: NTREIS #20869977

NTREIS logo

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