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B+
NoAgentList RatingHow are grades calculated? Info

$623,000

3539 Merrell Rd, Dallas, TX, 75229

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,096 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.46 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Gas Water Heater, Ice Maker, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBarbecue, Rain Gutters
Lot Size10,126 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000587140000000
Land UseResidential
Legal DescriptionHIGHLAND NORTH 2 BLK D/6428 LOT 012 VOL2005057/2897 DD03182005 CO-DC 6428 000 01200 1006428 000
Census Tract009702
Assessment Year2025

About this property

Ideal inside the loop, Mid-Century modern rental in Northwest Dallas. In between Marsh Lane & Webb Chapel. Ready for a April move in. Homes interior will be painted with a warm gray color 032123. Features: 4 bedrooms, 2 baths, and a 2 Car Garage with rear entry. Very charming home sits on a large interior lot. Four nice sized bedrooms. Tenants are eligible to join the sought after Sparkman Club Estates with swim, tennis and year-round activities. All major mechanical's have been updated. All appliances included recent double pane windows too.

Investor Tools

Property Icon
$623,000
Estimated Property Value
$203,750Estimated Mortgage Balance
$494,727Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,738 /month
Positive
Cash Flow Estimate:
$1,246 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,004
$537,080
2025
N/A
N/A
$537,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,004
$537,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Share Plus Federal Bank
Conventional
$203,750
No
First
Nov 19, 2010
Dec 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,273
$494,727
79%
21%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
5.0%

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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3539 Merrell Rd | Property Details | No Agent List