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$977,470

NAL Estimated Property Value

5431 Mercedes Avenue, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$380.9 / sqft
Year BuiltBuilt in 1929

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop
FlooringCarpet, Wood

Exterior

Lot Size7,800 sqft

Building Information

Year Built1929
Roof Type105
Garage Spaces2

Land Information

APN00000205618000000
Lot Number19
SubdivisionGreenland Hills 60 Ft Sec
Land UseResidential
Legal DescriptionGREENLAND HILLS 60 FT SEC BLK 10/2202 LT 19 INT202500102372 DD05162025 CO-DC 2202 010 01900 1002202 010
Census Tract000300
Assessed Land Value$546,000
Assessed Improvement Value$431,470
Assessment Year2025

About this property

The ultimate in curb appeal on one of the highest points in Greenland Hills feeding into Mockingbird Elem. Large open den-kitchen concept gives this stunning home awesome livability and great flow. Amazing back garden with luscious landscaping and covered deck replete with built-in bar area. Oversized 2-car garage is solid and has room for extra storage including attic area. 2 bedrooms and 1.5 baths are downstairs and 1 bedroom with full bath is upstairs in the attic conversion including laundry room. Head room in upstairs bathroom is limited and probably better suited for children. Walk to fabulous shops and restaurants on lower Greenville, Glencoe Park or Knox Henderson area. Fresh paint inside and out.

Investor Tools

Property Icon
$977,470
Estimated Property Value
$363,485Estimated Mortgage Balance
$613,985Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,865 /month
Positive
Cash Flow Estimate:
$1,955 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,766/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,305
$977,470
2025
$546,000
$431,470
$977,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,305
$977,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lisa Nienhuis
Conventional
$370,000
No
First
May 15, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,485
$613,985
62%
37%
$2,219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$2,219/mo
+$211/mo
3.0%

City: Dallas

5431 Mercedes Avenue | Property Details | No Agent List