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$1,275,990

NAL Estimated Property Value

5527 Merrimac Avenue, Dallas, TX, 75206

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,228 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$284.7 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Marble, Wood

Exterior

Exterior FeaturesDog Run, Rain Gutters, Lighting
Lot Size7,800 sqft

Building Information

Year Built1925
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000205318000000
Lot Number18
SubdivisionGreenland Hills 60ft Sec
Land UseResidential
Legal DescriptionGREENLAND HILLS 60FT SEC BLK 6/2198 LT 18 INT202100096461 DD03312021 CO-DC 2198 006 01800 1002198 006
Census Tract000300
Assessed Land Value$546,000
Assessed Improvement Value$729,990
Assessment Year2025

About this property

Traditional Tudor nestled in a quintessential M Streets block, tastefully updated & expanded with a smart floor plan for today's family, while blending period charm. Enter through a formal living that leads you into the heart of the home - an open kitchen-living-dining area with a massive marble island for family & friends to gather. First floor primary bed & marble bath with claw foot tub and large WIC. Guest bed with ensuite bath located down. Upstairs features three oversized bedrooms, two with walk-in closets and Jack & Jill bath. Large living-playroom with built-ins and beverage fridge. Utility room up. Two car garage + 500 sf quarters not updated or included in total sf.

Investor Tools

Property Icon
$1,275,990
Estimated Property Value
$493,947Estimated Mortgage Balance
$782,043Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,656 /month
Positive
Cash Flow Estimate:
$2,552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,068/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,441
$1,275,990
2025
$546,000
$729,990
$1,275,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,441
$1,275,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$548,250
No
First
Mar 30, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$493,947
$782,043
61%
39%
$3,288/mo

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.

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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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5527 Merrimac Avenue | Property Details | No Agent List