3100 Purdue Avenue
About This Property
The separate parcel at 3104 Purdue introduces a level of optionality seldom found in the Park Cities. Currently enjoyed as a sports-field-sized lawn, the site readily accommodates a future guest residence, resort-style pool, sport court or walking garden. Or it may simply be preserved to maintain the remarkable sense of privacy and open space.
Behind a gracious facade, the home itself reveals a refined transitional renovation by Kerry Ketner, where timeless architecture meets modernized interiors. With a dedicated office and 5 generous bedrooms with en-suite baths, it offers comfort and seclusion for family and guests. A series of elegant living spaces and a formal dining room flow effortlessly into an open kitchen and breakfast area designed for daily living as much as gracious entertaining. Expansive windows frame the verdant grounds and draw natural light throughout the interiors, while the home's orientation toward the adjacent parcel creates a seamless visual and spatial dialogue between indoor living and the extraordinary grounds beyond.
Situated within the prestigious Highland Park Independent School District and zoned to Boone Elementary School, the property offers exceptional lifestyle appeal and enduring long-term value. Just moments away, boutiques and restaurants of Snider Plaza and Caruth Park provide the walkable charm and community character that define the Park Cities.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Listed by Dave Perry Miller Real Estate | $6,795,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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About North Central Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017