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$784,000

NAL Estimated Property Value

5314 Mercedes Ave, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,744 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$458.14 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
FlooringHardwood, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,800 sqft

Building Information

Year Built1926
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000207382000000
Lot Number4
SubdivisionGreenland Hills 60 Ft Sec
Land UseResidential
Legal DescriptionGREENLAND HILLS 60 FT SEC BLK 14/2238 LT 4 INT202100221373 DD07232021 CO-DC 2238 014 00400 1002238 014
Census Tract000300
Assessed Land Value$390,000
Assessed Improvement Value$380,220
Assessment Year2025

About this property

Yo, it’s ya girl impersonat'n ya boy Snoop D O double G bringin’ you the hottest drop in Dallas real estate, no cap. 5314 Mercedes Ave in the M Streets, Greenland Hills of Dallas, Texas ya'll. Listen here, nephew… this ain’t just a house, it’s a historic 1926 Tudor drip right in the middle of that M Streets magic, now sittin’ at a cool $799,000. And lemme tell you, this one got more character than your uncle at the cookout. You got that arched doorway swag, original hardwood steppin’, vintage windows that let that East Dallas sunshine beam like a spotlight. Fire up the fireplace or step through them French doors to your pergola-covered deck, built for backyard chillin’, grillin’, and maybe a little sippin’ on gin and juice. You feel me? Here’s the layout, baby: 3 bedrooms for restin’, vibin’, or countin’ your blessings. 2 clean, upgraded bathrooms, fresh like a fade before brunch. Kitchen got that old-school soul and a leaded glass window that’s straight outta a time machine. Private backyard with a fat deck and room for the whole crew. Electric gate plus covered parking, safe, smooth, and secure like a G should be. And yo, you ain’t gotta roll far to hit the scene. Katy Trail? Walkable. Greenville Ave? Right there. Knox-Henderson? Just a short cruise in the '64. Coffee shops, brunch joints, tacos, and bars? All in your backyard, cousin. This crib got vibes, location, and style, and it’s priced to move like the beat just dropped. Slide into your realtor’s DMs and tell ‘em Uncle Snoop sent you. Cuz this joint? It’s smokin’ and it won’t last long. From D O double G to D A double L A S, this one’s for the real ones.

Investor Tools

Property Icon
$784,000
Estimated Property Value
$707,156Estimated Mortgage Balance
$76,844Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,761/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,215
$770,220
2025
$390,000
$380,220
$770,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,215
$770,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rlm Mortgage Llc
Conventional
$715,500
No
First
Sep 2, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$707,156
$76,844
9%
90%
$4,290/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$4,290/mo
$-1,860/mo
3.7%

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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5314 Mercedes Ave | Property Details | No Agent List