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$1,835,000

NAL Estimated Property Value

3635 Merrell Rd, Dallas, TX, 75229

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,922 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.63 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Refrigerator

Exterior

Lot Size11,725 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000587107000000
SubdivisionHighland North 2
Land UseResidential
Legal DescriptionHIGHLAND NORTH 2 BLK D/6428 LOT 1 INT201500219071 DD08142015 CO-DC 6428 00D 00100 1006428 00D
Census Tract009702
Assessment Year2025

About this property

Beautiful .269 acre treed lot on a quiet corner with access to the Sparkman Estates Club Swimming Pool & Club House with optional membership. Great lot to build your dream home within the coveted DeGoyler elementary school boundary. Imagine building your new home amongst the shaded yard with mature oak trees, and since it's a corner you could have different options for driveway location. The home could also be renovated or even added onto to make it your custom home. The electric driveway gate leads to rear entry attached 2-car garage & exits thru rear gate for convenience. Amenities Include: recessed lighting, ceiling fans, plantation shutters, mature trees front & back, FP with raised hearth. Home being sold in it's as-is condition. Buyer is responsible for verifying all information, schools & property condition. Seller has never lived in the home and is not required to provide a sellers disclosure. No survey available, buyer to pay for their own. Showings only via 24 hour appointment, tenants live in the home. Agent is related to seller.

Investor Tools

Property Icon
$1,835,000
Estimated Property Value
$1,473,582Estimated Mortgage Balance
$361,418Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,010 /month
Positive
Cash Flow Estimate:
$3,670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,785/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,248
$548,000
2025
N/A
N/A
$548,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,248
$548,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Conventional
$1,480,000
No
First
Feb 20, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,473,582
$361,418
19%
80%
$8,874/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$8,874/mo
$-6,302/mo
1.7%

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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3635 Merrell Rd | Property Details | No Agent List