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$769,000

NAL Estimated Property Value

3233 Merrell Cir, Dallas, TX, 75229

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,492 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$294.94 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Tile, Wood

Exterior

Exterior FeaturesCourtyard, Covered Courtyard, Rain Gutters, Playground, Private Yard, Other
Lot Size14,980 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00000590320000000
Lot Number16
SubdivisionSparkman Club
Land UseResidential
Legal DescriptionSPARKMAN CLUB ESTATES 6 BLK P/6433 LOT 16 VOL 83211 PG 3842 6433 009 01600 1006433 009
Census Tract009702
Assessed Land Value$380,000
Assessed Improvement Value$184,510
Assessment Year2025

About this property

Welcome to Sparkman Club Estates! This traditional home on a quiet cul de sac is a one story 3-bedroom, 2.5-bathroom home featuring a second living area, perfect for a variety of lifestyles. The lot is HUGE! 100x122 .34 acres. Step outside to 3 large fenced backyard areas that provide plenty of room for pets, play, and outdoor entertaining. The generous primary bedroom offers two closets and a fully updated bathroom. Two additional spacious bedrooms each have their own closet and share a vintage hall bath. Natural light fills this home. The family room with large sliding glass doors overlooks the covered patio and yard, it boasts a gas fireplace and paneled walls, for a very cozy setting. The breakfast and kitchen overlook the family room. The kitchen, with its stainless steel appliances, including a gas stove and double ovens, making cooking and hosting a breeze. Besides the 2 car attached garage there is a covered carport 21 x18 for additional cars and or entertaining. As a bonus, buyers are eligible for a membership to the exclusive Sparkman Club, offering access to a swimming pool, tennis courts, a clubhouse, and year-round activities. The clubhouse is located at 3366 Duchess Trail, and the pools have recently been renovated. This is truly a must-see gem!

Investor Tools

Property Icon
$769,000
Estimated Property Value
$493,572Estimated Mortgage Balance
$275,428Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,614 /month
Positive
Cash Flow Estimate:
$1,538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,350/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,353
$564,510
2025
$380,000
$184,510
$564,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,353
$564,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sunflower Bank Na
Conventional
$495,000
No
First
Mar 5, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$493,572
$275,428
35%
64%
$2,968/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,218/mo
$-1,246/mo
3.1%

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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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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3233 Merrell Cir | Property Details | No Agent List