3view

Owner Contacts

$898,000

NAL Estimated Property Value

5502 Mercedes Avenue, Dallas, TX, 75206

Off Market

3 Beds

2 Bath

1,711 Sq Ft

$321.45 / sqft

Built in 1926

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Gas Cooktop, Microwave, Plumbed For Ice Maker

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage

Lot Size6,500 sqft

Building Information

Year Built1926

Stories1

Roof Type105

Garage Spaces4

Land Information

APN00000205267000000

SubdivisionGreenland Hills 60ft Sec

Land UseResidential

Legal DescriptionGREENLAND HILLS 60FT SEC BLK 6/2198 LT 1 PROB#03-1312-P3 INT202000080608 DD03202020 CO-DC 2198 006 00100 1002198 006

Census Tract000300

Assessment Year2025

About this property

Welcome home! This 3 bedroom 2 bath Tudor mixes all of the charm of the M-Streets with close proximity to shopping, restaurants and the nightlife of the Greenville Ave. area. Hardwood floors, high ceilings, and crown moulding are just the beginning of all this home has to offer! Kitchen has updated cabinets, stainless steel appliances and granite counters as well. Schedule a showing today!!

Investor Tools

$898,000

Estimated Property Value

$0Estimated Mortgage Balance

$898,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,388 /month

Positive

Cash Flow Estimate:

$1,796 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,329/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,454

$746,130

2025

N/A

$746,130

Tax History

Year

Tax Paid

Assessed Value

2024

$11,454

$746,130

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$898,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,430/mo

N/A

+$2,430/mo

3.2%

Learn About the Market: Opportunity in Dallas

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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.

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