Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,157,000

NAL Estimated Property Value

5224 Mercedes Ave, Dallas, TX, 75206

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,584 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$417.18 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer
FlooringCarpet, Ceramic Tile, Slate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Gas Grill, Rain Gutters, Outdoor Grill
Lot Size7,800 sqft

Building Information

Year Built1930
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000239593000000
Lot Number6
SubdivisionGreenland Hills
Land UseResidential
Legal DescriptionGREENLAND HILLS BLK 19/2930 LT 6 INT202200303222 DD11292022 CO-DC 2930 019 00600 1002930 019
Census Tract000300
Assessed Land Value$390,000
Assessed Improvement Value$679,830
Assessment Year2025

About this property

Exceptional style and quality are present throughout this M-Street Tudor with top of the line updates! Live the Dream with family and friends in these spacious gathering areas. Snuggle up in the living room next to the fireplace and enjoy all the soaring ceilings and abundant light. Gleaming hardwood floors move you through the lovely dining room and into the handsomely appointed Chef's kitchen showcasing top of the line appliances, double ovens, warming drawer, SubZero refrigerator and more. Entertaining is a breeze with this outdoor space and pool while guests mingle between the two seamless environments. Two gracious bedrooms and baths downstairs one with an ensuite. Skip on upstairs to a warm living area for the kids or TV room. Around the corner is the primary suite with fireplace decked out with a sensational bath. Laundry, 4th bedroom and workspace down the hall. Outside at the cool pool are stairs leading up to the spacious guest quarters with laundry, bath and kitchenette.

Investor Tools

Property Icon
$1,157,000
Estimated Property Value
$299,252Estimated Mortgage Balance
$857,748Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,942 /month
Positive
Cash Flow Estimate:
$2,314 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,082/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,198
$1,069,830
2025
$390,000
$679,830
$1,069,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,198
$1,069,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Conventional
$320,000
No
First
Nov 29, 2022
Dec 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,252
$857,748
74%
26%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,170/mo
$1,919/mo
+$1,251/mo
3.3%

City: Dallas

5224 Mercedes Ave | Property Details | No Agent List