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$3,113,990

NAL Estimated Property Value

3858 Merrell Rd, Dallas, TX, 75229

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths5,321 Sq Ft
price_per_sqft$610.79 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler
FlooringHardwood, Tile, Wood

Exterior

Exterior FeaturesBarbecue, Built-in Barbecue, Courtyard, Rain Gutters, Lighting, Outdoor Shower, Outdoor Grill
Lot Size18,507 sqft

Building Information

Year Built2023
Stories1
Roof Type111
Garage Spaces2

Land Information

APN00000585277000000
Lot Number10
SubdivisionWalnut Hill Highlands Rev
Land UseResidential
Legal DescriptionWALNUT HILL HIGHLANDS REV BLK A/6419 LOT 10 INT202400222166 DD10302024 CO-DC 6419 00A 01000 1006419 00A
Census Tract009500
Assessed Land Value$749,530
Assessed Improvement Value$2,364,460
Assessment Year2025

About this property

This architectural significant home was brought to life by AM Homes. From the exterior this all brick home reads as a 1-story house. Green grass rises from the street to meet huge metal planters wrapping around the home. The driveway & pavers are lined by crushed limestone. A masonry wall provides privacy & creates a large courtyard. Pewter brick is outlined by dark metal accents. A designer, metal pivot gate controls access. Inside the courtyard a huge planter sits to one side with 4 Patio Holly’s. Your eye is immediately drawn to the floor-to-ceiling windows in the formal living & den allowing one to view through the house into the interior courtyard. A huge metal door opens and at last you are inside. The entry draws you in to the magic that awaits. Initially you notice the green courtyard (think future pool) but quickly your focus returns to the formal living and dining. Want to know more? Come and see the home for yourself! Partial list of specifications in Private Remarks.

Investor Tools

Property Icon
$3,113,990
Estimated Property Value
$1,272,425Estimated Mortgage Balance
$1,841,565Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,500 /month
Positive
Cash Flow Estimate:
$6,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,489
$3,113,990
2025
$749,530
$2,364,460
$3,113,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27,489
$3,113,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$1,300,000
No
First
Oct 30, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,272,425
$1,841,565
59%
41%
$7,480/mo

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.

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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3858 Merrell Rd | Property Details | No Agent List