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$392,000

NAL Estimated Property Value

549 Mercer St, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,542 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.06 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size6,650 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28243020230110000
SubdivisionWestchester
Land UseResidential
Legal DescriptionWESTCHESTER 2 BLK 23 LOT 11 INT201900025844 DD01252019 CO-DC 2430202301100 4CP24302023
Census Tract016412
Assessment Year2025

About this property

Wonderful David Weekley built home with 3 bedrooms, 2 living areas, and 2.5 baths. Freshly painted inside and outside with updated huge kitchen. Large family room and dining room combo, oversized kitchen eating area with gas fireplace. Kitchen has updated stainless appliances, huge quartz counter island, countertops, and wet bar. Gameroom and 2 bedrooms upstairs and laundry utility room closet. Downstairs is very open with wood-look luxury vinyl plank flooring in living, entry and dining room. Private oversized downstairs master bedroom with fireplace, sitting area, and a large walk-in closet. Master bathroom has jetted tub, separate shower, dual vanity and framed mirrors. Enjoy outdoor living with a great backyard, large outdoor arbor patio covered. Sprinkler system and gutters. Refrigerator & washer and dryer included for tenant. Home is located in the prestigious Westchester community addition and very close to great shopping, restaurants and major highways.

Investor Tools

Property Icon
$392,000
Estimated Property Value
$163,214Estimated Mortgage Balance
$228,786Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,352 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$852/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,260
$367,000
2025
N/A
N/A
$367,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,260
$367,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$182,600
No
First
Nov 21, 2020
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,214
$228,786
58%
42%
$1,095/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,095/mo
+$1,025/mo
6.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grand Prairie

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549 Mercer St | Property Details | No Agent List