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$351,200

NAL Estimated Property Value

2950 Mckinney Ave Apt 305, Dallas, TX, 75204

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths878 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.16 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Oven, Gas Range, Microwave, Refrigerator, Washer

Exterior

Private PoolPrivate Pool
Lot Size1.51 acres

Building Information

Year Built2006
Stories1
Roof Type172
Garage Spaces1

Land Information

APN00C46280000000305
Lot Number1
SubdivisionMercer Square Condo
Land UseResidential
Legal DescriptionMERCER SQUARE CONDO BLK C/578 LT 1 ACS 1.505 UNIT 305 CE 0.009884% INT202200141641 DD04122022 CO-DC 0578 00C 00100 1DA0578
Census Tract001703
Assessed Land Value$97,160
Assessed Improvement Value$254,040
Assessment Year2025

About this property

Welcome to your new home where luxury meets convenience in the vibrant Uptown Dallas neighborhood. This stunning 1-bedroom, 1.5-bathroom condo offers a perfect blend of modern elegance and urban living, designed for those who crave both style and accessibility. Step inside to discover an open-concept living space bathed in natural light, featuring sleek hardwood floors, high ceilings, and large windows that frame captivating city views. The gourmet kitchen is a chef's dream, equipped with stainless steel appliances, granite countertops, and ample cabinetry—ideal for entertaining or enjoying a quiet night in. The spacious bedroom offers a peaceful retreat with plush carpeting and a generous walk-in closet, while the spa-like bathroom boasts a luxurious soaking tub, designer fixtures, and a contemporary vanity. A private balcony provides the perfect spot to unwind with a cup of coffee in the morning or a glass of wine in the evening, all while taking in the stunning Dallas skyline.

Investor Tools

Property Icon
$351,200
Estimated Property Value
$267,569Estimated Mortgage Balance
$83,631Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,107 /month
Positive
Cash Flow Estimate:
$702 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,908
$351,200
2025
$97,160
$254,040
$351,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,908
$351,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Mortgage X Change
Conventional
$289,750
No
First
Apr 12, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,569
$83,631
23%
76%
$1,738/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,738/mo
+$252/mo
6.8%

City: Dallas

2950 Mckinney Ave Apt 305 | Property Details | No Agent List