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Owner Contacts

$1,431,000

NAL Estimated Property Value

5511 Mercedes Avenue, Dallas, TX, 75206

Off Market

4 Beds

4 Bath

3,349 Sq Ft

$279.19 / sqft

Built in 1927

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater

FlooringMarble, Wood

Exterior

Lot Size7,800 sqft

Building Information

Year Built1927

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000205402000000

Lot Number22

Land UseResidential

Legal DescriptionGREENLAND HILLS 60FT SEC BLK 7/2199 LT 22 INT202100316694 DD10192021 CO-DC 2199 007 02200 1002199 007

Census Tract000300

Assessed Land Value$546,000

Assessed Improvement Value$546,000

Assessment Year2025

About this property

*** Best and final due by September 12th, 7:00pm *** Get ready to fall in love with this BEAUTIFUL 4 bedroom, 3.5 bathroom home in the lovely Greenland Hills. This established neighborhood features gorgeous tree lined streets within the heart of Dallas. Lots of windows throughout bring in tons of natural light. Bright kitchen with breakfast bar overlooks open living area, ideal for entertaining friends and family. Formal dining room showcases gas fireplace and two sets of built in cabinets. Secluded, 1st floor master suite with oversized walk in closet. Secondary living space upstairs makes a great game room. Open patio in backyard with lots of greenspace. Property within walking distance to Greenville Ave.

Investor Tools

$1,431,000

Estimated Property Value

$737,853Estimated Mortgage Balance

$693,147Estimated Equity

48% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,586 /month

Positive

Cash Flow Estimate:

$2,862 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,246/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$19,797

$1,092,000

2025

$546,000

$1,092,000

Tax History

Year

Tax Paid

Assessed Value

2024

$19,797

$1,092,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Maplemark Bank

Unknown

$808,000

First

Oct 19, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$737,853

$693,147

48%

52%

$4,845/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,170/mo

$4,845/mo

$-1,675/mo

2.7%

Learn About the Market: Opportunity in Dallas

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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.

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