I have an old Galaxy Note 3 which supports HDMI out via MHL. I'm wondering if it's possible to turn it into a set top box by installing Android TV on it somehow. I like the Android TV UI of my Nexus Player and thought this would be a good way to re-purpose an old phone.
Yes it can be possible, but no, not easily. Androidtv is a modified version of lollipop so it's like a rom that has to be ported. And unless you have lots of free time and knowledge of how to port roms, or you gather a large group of people that want androidtv ported to that particular phone and convince a dev to port it, I wouldn't count on it.