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$248,000

NAL Estimated Property Value

111 N Merrill Ave, Duncanville, TX, 75116

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,472 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$169.84 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
FlooringCarpet, Concrete, Wood

Exterior

Lot Size1,509 sqft

Building Information

Year Built2010
Stories2
Roof Type105
Garage Spaces2

Land Information

APN221130000A0020000
Lot Number2
SubdivisionMsrr Flats
Land UseResidential
Legal DescriptionMSRR FLATS BLK A LOT 2 ACS 0.035 INT201900196765 DD07292019 CO-DC 1130000A00200 4CV1130000A
Census Tract016516
Assessed Land Value$30,000
Assessed Improvement Value$203,600
Assessment Year2025

About this property

City living at its finest or an incredible investment opportunity! This versatile property offers the option to purchase the entire building or an individual unit to fit your needs! This particular unit is vacant and move-in ready, while the second unit is currently leased to a great tenant through August 2026, providing immediate rental income potential. Thoughtfully designed with a modern aesthetic, the layout features a private bedroom with a full bathroom on the first floor—perfect for guests, roommates, or a home office setup. The downstairs showcases sleek bare concrete flooring, adding to the contemporary, industrial feel of the space. Upstairs, you’ll find all main living areas filled with natural light and enhanced by soaring ceilings that create an open, airy atmosphere. The spacious living area flows seamlessly into the kitchen and dining space, making it ideal for both everyday living and entertaining. The primary suite is also located upstairs, offering a comfortable retreat with ample space and privacy. Additional highlights include a fully finished 2-car attached garage, along with extra parking spaces conveniently located behind and alongside the building—rare for this style of property. Enjoy the charm of a small-town feel with local shops, dining, and entertainment just moments away, while still benefiting from quick access to major highways for an easy commute. Located approximately 15 minutes from downtown Dallas, this property truly offers the best of both worlds—urban convenience and neighborhood charm. Don’t miss your chance to own a unique and flexible property with endless possibilities!

Investor Tools

Property Icon
$248,000
Estimated Property Value
$0Estimated Mortgage Balance
$248,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,233
$233,600
2025
$30,000
$203,600
$233,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,233
$233,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$272,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
9.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Duncanville

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111 N Merrill Ave | Property Details | No Agent List