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$1,176,600

NAL Estimated Property Value

5431 Merrimac Ave, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,804 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$436.88 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Microwave
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size7,800 sqft

Building Information

Year Built1927
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00000205696000000
Lot Number19
Land UseResidential
Legal DescriptionGREENLAND HILLS 60 FT SEC BLK 11/2203 LT 19 INT202100283504 DD09202021 CO-DC 2203 011 01900 1002203 011
Census Tract000300
Assessed Land Value$546,000
Assessed Improvement Value$630,600
Assessment Year2025

About this property

Welcome to 5431 Merrimac Avenue - an exquisite and highly maintained M Streets Tudor with a backyard pool oasis. This gem seamlessly blends classic architecture with modern amenities and exceptional living spaces. With 3 bedrooms, 2 baths, a dedicated study, and a versatile bonus room above the garage, this home offers both flexibility and charm. Step inside to discover a light-filled interior featuring spacious living areas, original hardwood floors, and elegant details throughout. The chef-inspired kitchen is a standout, equipped with a premium Wolf range, built-in Sub-Zero refrigerator, abundant counter space, and windows that flood the space with natural light. Two bedrooms are located downstairs along with a bright sunroom, a second living area, and a dedicated study—perfect for work-from-home days. Upstairs, the private primary suite offers a quiet retreat with a cozy sitting area, two oversized walk-in closets, and an updated spa-like bathroom designed for relaxation. Enjoy indoor-outdoor living with multiple inviting spaces—from the welcoming front porch to the serene backyard complete with a recently remodeled sunroom with energy efficient windows and doors, and a very enjoyable pool and spa. Above the detached garage, a finished bonus space makes the ideal home office, studio, or future guest quarters. This rare find offers the charm of historic Greenland Hills with the functionality and updates of today’s lifestyle demands. A must-see in one of Dallas’ most treasured neighborhoods.

Investor Tools

Property Icon
$1,176,600
Estimated Property Value
$0Estimated Mortgage Balance
$1,176,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,350 /month
Positive
Cash Flow Estimate:
$2,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,158/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,017
$1,176,600
2025
$546,000
$630,600
$1,176,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,017
$1,176,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,176,600
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
N/A
+$2,430/mo
2.5%

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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5431 Merrimac Ave | Property Details | No Agent List