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$1,180,000

5326 Mercedes Ave, Dallas, TX, 75206

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,526 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$467.14 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Wine Cooler
FlooringCeramic Tile, Hardwood

Exterior

Lot Size7,800 sqft

Building Information

Year Built1925
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000207391000000
Lot Number7
SubdivisionGreenland Hills 60 Ft Sec
Land UseResidential
Legal DescriptionGREENLAND HILLS 60 FT SEC BLK 14/2238 LT 7 INT202300196857 DD09252023 CO-DC 2238 014 00700 1002238 014
Census Tract000300
Assessed Land Value$390,000
Assessed Improvement Value$576,730
Assessment Year2025

About this property

Stunning M-Streets Tudor on one of the best blocks in Greenland Hills. Masterfully updated and features a seamless melding of historic architectural charm and modern living. Kitchen is outfitted with a large commercial Viking gas range + hood, pot filler, built-in fridge and center island with wine fridge. 4 beds + 3 full baths in main house. Stained glass + cathedral glass windows with historic Tudor appeal, and dual pane windows throughout. Lg primary with ensuite bath and dual closets. Oversized detached garage, w separate storage room and half bath. Spacious 633 sf apartment (not included in total sf) w living, bed, bath, and kitchen that is perfect for guests or rental income property. Wrought iron driveway gate and separate access to garage apt offers privacy + convenience. Beautiful low maintenance backyard w large deck, flagstone patio, and lush landscape. Brand New Electrical, HVAC, Tankless Hot Water, and more. Ask agent for full list of extensive property improvements.

Investor Tools

Property Icon
$1,169,000
Estimated Property Value
$685,000Estimated Mortgage Balance
$516,176Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,080 /month
Positive
Cash Flow Estimate:
$2,360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,925/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,252
$966,730
2025
$390,000
$576,730
$966,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,252
$966,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$685,000
No
First
Oct 27, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$652,824
$516,176
44%
56%
$4,107/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,170/mo
$4,107/mo
$-937/mo
3.3%

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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