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$452,000

NAL Estimated Property Value

2950 Mckinney Avenue 408, Dallas, TX, 75204

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,175 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.96 / sqft
Year BuiltBuilt in 2006

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan

Exterior

Lot Size1.51 acres

Building Information

Year Built2006
Stories1
Roof Type172
Garage Spaces2

Land Information

APN00C46280000000408
Lot Number1
SubdivisionMercer Square Condo
Land UseResidential
Legal DescriptionMERCER SQUARE CONDO BLK C/578 LOT 1 ACS 1.505 UNIT 408 CE 0.013140% INT202400178098 DD07102024 CO-DC 0578 00C 00100 1DA0578
Census Tract001703
Assessed Land Value$129,210
Assessed Improvement Value$275,790
Assessment Year2025

About this property

Wonderful 2-2 top floor corner unit. Open, light and bright floor plan. Spacious kitchen with granite, stainless steel appliances, breakfast bar - open to living and dining areas. Master suite has no adjoining walls to other units! Spa like master bathroom with dual vanities, large tub and separate shower. Walk-in closet with custom shelving. Generous guest suite with full bathroom. Other amenities include; hardwood floors, custom tiles and granite in bathrooms. also included are 2 non- tandem parking spaces (gated), storage unit plus pool in building. Walk to restaurants, shopping and more.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$912/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,682
$405,000
2025
$129,210
$275,790
$405,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,682
$405,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$452,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,350/mo
N/A
+$2,350/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.

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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 408 | Property Details | No Agent List