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$459,550

NAL Estimated Property Value

2950 Mckinney Avenue 224, Dallas, TX, 75204

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,313 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$285.6 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Disposal, Electric Cooktop, Microwave, Refrigerator
FlooringConcrete

Exterior

Private PoolPrivate Pool
Lot Size1.51 acres

Building Information

Year Built2006
Stories1
Roof Type172
Garage Spaces2

Land Information

APN00C46280000000224
SubdivisionMercer Square Condo
Land UseResidential
Legal DescriptionMERCER SQUARE CONDO BLK C/578 LT 1 ACS 1.505 UNIT 224 CE 0.014645% INT202200038840 DD02082022 CO-DC 0578 00C 00100 1DA0578
Census Tract001703
Assessment Year2025

About this property

Sleek & contemporary 2Bd, 2Ba condo in the heart of Uptown! Fresh paint & polished concrete floors give the space an updated feel. The living area features access to the pool from your gated patio. The kitchen boasts granite counter-top, an abundance of cabinets and counter space, SS appliances and a large breakfast bar The master suite is complete with a California designed closet, bath with duel sinks, separate European enclosed tub & shower. Building amenities include FOB entrance, gated parking with 2 assigned spaces, pool. Fabulous location that's walking distance to shops and restaurants Take the McKinney Avenue trolley to West Village, Dallas Arts District, or Clyde Warren Park and more!

Investor Tools

Property Icon
$459,550
Estimated Property Value
$0Estimated Mortgage Balance
$459,550Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,757 /month
Positive
Cash Flow Estimate:
$919 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
$492/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,790
$459,550
2025
N/A
N/A
$459,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,790
$459,550

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$459,550
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,350/mo
$492/mo
+$1,858/mo
6.1%

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 224 | Property Details | No Agent List