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$386,750

NAL Estimated Property Value

2950 Mckinney Avenue 311, Dallas, TX, 75204

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths2 Bath
Baths1,105 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.81 / sqft
Year BuiltBuilt in 2006

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesBalcony
Lot Size1.51 acres

Building Information

Year Built2006
Stories1
Roof Type172
Garage Spaces1

Land Information

APN00C46280000000311
Lot Number1
SubdivisionMercer Square Condo
Land UseResidential
Legal DescriptionMERCER SQUARE CONDO BLK C/578 LT 1 ACS 1.505 UNIT 311 CE 0.012371% INT201900223037 DD08222019 CO-DC 0578 00C 00100 1DA0578
Census Tract001703
Assessed Land Value$121,640
Assessed Improvement Value$265,110
Assessment Year2025

About this property

Tired of living in an apartment with neighbors who don't seem to care about noise and the property. Call Mercer Square your home! This condo building is in a prime Uptown location just steps to the Trolly, nightlife, shopping and restaurants. This unit is beautifully updated and move in ready with great views overlooking McKinney Avenue. Large main living, dining and kitchen area. Spacious master bath with large tub-shower combo, dual sinks and a large walk-in closet. In addition to the master there is a 1-2 bath for guests. Pool on site for enjoying those hot summer days. One car covered garage parking. Owner pays water, sewer and trash!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$809/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,780
$386,750
2025
$121,640
$265,110
$386,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,780
$386,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Advancial Fcu
Arm (Adjustable Rate Mortgage)
$151,800
No
First
May 9, 2019
Sep 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,486
$252,264
65%
35%
$850/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$850/mo
+$1,140/mo
6.2%

Learn About the Market: Opportunity in Dallas

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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 311 | Property Details | No Agent List