3516 Wentwood Drive University Park, TX 75225
- Dallas County
- University Park TX
- 75225
- Local Area: University Heights
Property Overview
A truly exceptional University Park estate, expanded and reimagined in 2012 by renowned builder Martin Raymond and architect Will Snyder, set on a rare 140 x 150 double lot in the heart of the Fairway and zoned to coveted Hyer Elementary in HPISD. Graciously designed for elevated everyday living and effortless entertaining, the residence offers an impressive collection of refined living spaces, including multiple gathering areas, a private theater, game room, office, and five bedrooms. The chef’s kitchen is designed to impress, featuring two ovens, a six-burner range, warming drawer, two dishwashers, and two refrigerators. Four fireplaces, wired for Control4 home automation, and Sonos add warmth, sophistication, and convenience throughout. Expansive outdoor living is equally impressive, with a covered patio, outdoor kitchen, oversized pool, and basketball hoop. An extraordinary combination of scale, architecture, amenities, and one of University Park’s most coveted locations, this property offers a rare opportunity to experience timeless luxury in an exceptional setting.
Featured spaces
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Property highlights
Year Built 2002
School District Highland Park Isd
HOA No HOA
Pool Pool
Parking 4-car garage, 4 covered
Gated Gated estate
Architecture Traditional,Detached
Outdoor Living Outdoor Living Area
Fireplace 4 Fireplaces
Full Property Details
Property Details
Quick Details
- Price $7,699,000
- Status Active
- Bedrooms 6
- Bathrooms 9
- Square Feet 8,644 Sq Ft
- Lot Size 0.48 acres
- Lot Size Sq Ft 20,996
- Year Built 2002
- Price / Sq Ft $891 / Sq Ft
- MLS # 21384218
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Dallas
- Subdivision University Heights
- Days on Market 3
Home Details
- Full Baths 6
- Half Baths 3
- Foundation Pillar Post Pier
- Roof Composition
- Flooring Carpet, Marble, Wood
- Heating Central, Natural Gas, Zoned
- Cooling Central Air, Ceiling Fans, Electric, Zoned
Kitchen & Interior
- Appliances Some Gas Appliances, Built In Refrigerator, Double Oven, Dishwasher, Gas Cooktop, Disposal, Plumbed For Gas, Range, Refrigerator, Some Commercial Grade, Vented Exhaust Fan, Wine Cooler
- Interior Features Wet Bar, Built In Features, Cedar Closets, Chandelier, Dry Bar, Decorative Designer Lighting Fixtures, Double Vanity, Eat In Kitchen, High Speed Internet, In Law Floorplan, Kitchen Island, Multiple Staircases, Open Floorplan, Pantry, Smart Home, Cable Tv, Vaulted Ceilings, Wired For Data, Natural Woodwork, Walk In Closets, Wired For Sound
- Fireplaces 4
- Fireplace Features Bedroom, Family Room, Gas Log, Living Room, Primary Bedroom, Wood Burning
Lot & Exterior
- Lot Features Acreage, Back Yard, Interior Lot, Lawn, Landscaped, Level, Sprinkler System, Few Trees
- Exterior Features Basketball Court, Built In Barbecue, Barbecue, Covered Courtyard, Courtyard, Deck, Electric Grill, Garden, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Private Yard, Rain Gutters
- Fencing Back Yard, Wood
- Pool Features Heated, In Ground, Lap, Outdoor Pool, Pool, Water Feature
Parking
- Parking Additional Parking, Door Multi, Direct Access, Driveway, Electric Gate, Enclosed, Garage, Garage Door Opener, Gated, Inside Entrance, Kitchen Level, Oversized, Garage Faces Rear
- Garage Spaces 4
- Covered Parking 4
- Attached Garage Yes
Utilities
- Utilities Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- Elementary Hyer — Highland Park ISD
- Middle Highland Park,Mcculloch — Highland Park ISD
- High Highland Park — Highland Park ISD
Listing Information
- MLS Board NTREIS
- List Date 09/11/2026
- Source Updated 09/14/2026
- Last Updated 09/14/2026
- Virtual Tour Available
Property Tax & CAD Valuation for 3516 Wentwood Drive
Dallas Central Appraisal District records for 3516 Wentwood Drive, University Park, TX 75225 show a CAD market value of $7,655,070 and a net appraised value of $6,894,333. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Dallas Central Appraisal District property-tax and appraisal records for 3516 Wentwood Drive, University Park, TX 75225, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Dallas Central Appraisal District Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $4,935,000 + Improvement Value $2,720,070 = CAD Market Value $7,655,070
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
MAIN DWELLING
Value: $2,720,070 Total Area: 8429 Sqft Living Area: 8429 Sqft
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| ATTACHED GARAGE | — | 582 Sqft |
| ATTACHED GARAGE | — | 602 Sqft |
| UNFINISHED SPACE | — | 570 Sqft |
| POOL | — | 1 pool |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
The current CAD record shows a homestead exemption. Specific deduction amounts vary by taxing jurisdiction.
Statutory 10% limitation on annual increase in appraised value for qualifying residence homestead (Texas Tax Code § 23.23). This is an appraisal-stage limitation, not a local taxing jurisdiction exemption.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $7,655,070 − All Current CAD Reductions -$760,737 = Current Taxed Starting Point $6,894,333
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
City
UNIVERSITY PARK |
$5,515,467 | 0.2186 | $16,731 | -$4,676 | $12,055 |
|
School District
HIGHLAND PARK ISD |
$5,375,467 (H) | 0.8347 | $63,897 | -$19,028 | $44,869 |
|
County
DALLAS COUNTY |
$5,515,467 | 0.2155 | $16,497 | -$4,611 | $11,886 |
|
College
DALLAS COLLEGE |
$5,515,467 | 0.1066 | $8,158 | -$2,280 | $5,878 |
|
Hospital District
PARKLAND HOSPITAL |
$5,515,467 | 0.2120 | $16,229 | -$4,536 | $11,693 |
(H) Taxable reduction reflected in school district taxable value.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $121,512 − Est. Tax Reductions / Savings $35,131 = Est. Taxes (With Current Exemptions) $86,381
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $35,131. Estimated taxes without exemptions are calculated by applying each jurisdiction's tax rate to its pre-exemption taxable value. Exemption savings represent the difference between this unexempted estimate and the county's current tax estimate. Taxable values and tax rates vary by jurisdiction. Future taxes depend on buyer qualification and future adopted rates.
The current tax estimate reflects a homestead exemption on the property's present CAD record. That exemption does not automatically transfer to a new owner; a buyer must qualify for their own exemptions. For comparison, the current estimate is $86,381 with the exemptions shown today and $121,512 without exemptions. Actual future taxes will depend on buyer eligibility, future appraised values, and adopted tax rates.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2021 | $2,625,000 | $1,655,840 | $4,280,840 | — | -$19,160 / -0.45% |
| 2022 | $2,730,000 | $1,998,350 | $4,728,350 | $4,708,924 | +$447,510 / +10.45% |
| 2023 | $3,150,000 | $2,903,800 | $6,053,800 | $5,179,816 | +$1,325,450 / +28.03% |
| 2024 | $3,360,000 | $3,093,340 | $6,453,340 | $5,697,797 | +$399,540 / +6.60% |
| 2025 | $4,935,000 | $2,720,070 | $7,655,070 | $6,267,576 | +$1,201,730 / +18.62% |
| 2026 | $4,935,000 | $2,720,070 | $7,655,070 | $6,894,333 | — |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $7,699,000 − Current CAD Market Value $7,655,070 = Over CAD Value +$43,930 (+0.6%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND UNIVERSITY HEIGHTS
A curated look at local favorites, everyday stops, and lifestyle context near this property.