4view

Owner Contacts

$340,000

NAL Estimated Property Value

2950 Mckinney Avenue 314, Dallas, TX, 75204

Off Market

1 Beds

2 Bath

850 Sq Ft

Condos / Townhouses

$294 / sqft

Built in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Bathrooms Half 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan

FlooringWood

Exterior

Exterior FeaturesBalcony

Lot Size1.51 acres

Building Information

Year Built2006

Stories1

Roof Type172

Land Information

APN00C46280000000314

Lot Number1

SubdivisionMercer Square Condo

Land UseResidential

Legal DescriptionMERCER SQUARE CONDO BLK C/578 LT 1 ACS 1.505 UNIT 314 CE 0.009575% INT202300110563 DD06052023 CO-DC 0578 00C 00100 1DA0578

Census Tract001703

Assessed Land Value$94,210

Assessed Improvement Value$245,790

Assessment Year2025

About this property

Live in the heart of Uptown Dallas! Fabulous opportunity to own your piece of heaven in this desirable complex! Lovely condo with a great open floor plan and abundance of natural light throughout. You will enjoy the tall ceilings, plenty of storage, eat-in kitchen plus a balcony! Beautiful master suite with separate shower and huge closet! The amenities include a gated entrance, pool, and TWO parking spaces! Take the McKinney Avenue trolley to West Village, Dallas Arts District, or Clyde Warren Park! Fabulous location with walking distance to shops and restaurants. KatyTrail, Victory Park, Trinity Groves, and Bishop Arts District are just minutes away! This home is available for immediate possession!

Investor Tools

$340,000

Estimated Property Value

$0Estimated Mortgage Balance

$340,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,040 /month

Positive

Cash Flow Estimate:

$680 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$699/month

$321/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,687

$340,000

2025

$94,210

$245,790

$340,000

Tax History

Year

Tax Paid

Assessed Value

2024

$6,687

$340,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$340,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,990/mo

$321/mo

+$1,669/mo

7.0%

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.

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