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$375,000

2950 Mckinney Avenue 211, Dallas, TX, 75204

On MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,105 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$339.37 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Ice Maker, Microwave

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1.51 acres

Building Information

Year Built2006
Stories1
Roof Type172

Land Information

APN00C46280000000211
Lot Number1
SubdivisionMercer Square Condo
Land UseResidential
Legal DescriptionMERCER SQUARE CONDO BLK C/578 LT 1 ACS 1.505 UNIT 211 CE 0.012371% INT201700211053 DD07262017 CO-DC 0578 00C 00100 1DA0578
Census Tract001703
Assessed Land Value$121,640
Assessed Improvement Value$261,210
Assessment Year2025

About this property

Welcome to sophisticated Uptown living at its finest in the heart of vibrant State Thomas. This beautifully designed 1-bedroom, 1.5-bath residence at 2950 McKinney Avenue #211 offers 1,105 square feet of stylish comfort with an open-concept layout perfect for everyday living and entertaining. Expansive windows fill the space with natural light, while the spacious living and dining areas flow seamlessly into the well-appointed kitchen featuring generous cabinetry and ample prep space. The oversized primary suite provides a true retreat with a spa-inspired bath and large walk-in closet. A rare additional half bath adds convenience for guests. Washer, dryer and fridge to convey. Enjoy the ultimate lock-and-leave lifestyle just steps from Uptown’s premier dining, shopping, Katy Trail, and nightlife. Experience luxury, walkability, and convenience all in one exceptional address.

Investor Tools

$187,312Estimated Mortgage Balance
$195,538Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,297 /month
Positive
Cash Flow Estimate:
$766 /month

Interested in this property?

Edward Slater

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$884/month
$605/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,697
$382,850
2025
$121,640
$261,210
$382,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,697
$382,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$209,560
No
First
Dec 11, 2020
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,312
$195,538
51%
49%
$1,257/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,862/mo
+$128/mo
6.2%

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 Avenue 211 | Property Details | No Agent List