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$369,720

NAL Estimated Property Value

2950 Mckinney Ave Apt 212, Dallas, TX, 75204

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,027 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$330.09 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Private Entrance
Lot Size1.51 acres

Building Information

Year Built2006
Stories1
Roof Type172
Garage Spaces2

Land Information

APN00C46280000000212
Lot Number1
SubdivisionMercer Square Condo
Land UseResidential
Legal DescriptionMERCER SQUARE CONDO BLK C/578 LT 1 ACS 1.505 UNIT 212 CE 0.001517% INT201700330251 DD11212017 CO-DC 0578 00C 00100 1DA0578
Census Tract001703
Assessed Land Value$113,280
Assessed Improvement Value$256,440
Assessment Year2025

About this property

Live in the heart of it all with this stylish and modern condo located in one of Dallas’ most walkable neighborhoods—a Walk Score of 96! Just steps to Starbucks, Whole Foods, popular restaurants, vibrant nightlife, and boutique fitness studios, this home offers an unbeatable urban lifestyle. Plus, it’s located within a Public Improvement District (PID), enhancing community services and improved infrastructure. Step into one of the larger one-bedroom floor plans in the community, featuring a spacious and modern open-concept layout. Soaring 10-foot ceilings and floor-to-ceiling windows flood the interior with natural light. Freshly painted in 2025, the main living area is finished with sleek vinyl plank flooring, while the bedroom and walk-in closet feature brand-new carpet. Stylish ceiling fans in both the living room and bedroom enhance comfort with a contemporary touch. HVAC is 2017. The kitchen is thoughtfully designed with granite countertops, a spacious island, stainless steel refrigerator, and abundant storage. The adjacent dining area can easily double as a home office. The large primary bedroom includes an ensuite bath with a spa-style tub and walk-in closet. A convenient half-bath is located at the front of the condo for guests. Both bathrooms are finished with classic ceramic tile flooring. You'll also enjoy a full-size washer and dryer and extra hallway storage. Step out onto the private patio with leafy views overlooking McKinney Avenue—offering privacy in an urban setting. Two assigned tandem parking spots (#8 and #9) are just steps from your door. Community features include secure gated access, a second-floor pool and lounge area, and an onsite manager to welcome guests and accept packages. This is modern city living with comfort, convenience, and a location that can’t be beat!

Investor Tools

Property Icon
$369,720
Estimated Property Value
$254,890Estimated Mortgage Balance
$114,830Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,218 /month
Positive
Cash Flow Estimate:
$739 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
$506/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,231
$369,720
2025
$113,280
$256,440
$369,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,231
$369,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$256,000
No
First
Feb 19, 2026
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,890
$114,830
31%
69%
$1,535/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$2,041/mo
$-51/mo
6.5%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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2950 Mckinney Ave Apt 212 | Property Details | No Agent List