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$997,500

NAL Estimated Property Value

5802 Mercedes Avenue, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,475 Sq Ft
price_per_sqft$301.01 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Off-Market ListHigh Equity

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 Cooktop, Gas Range, Microwave, Plumbed For Ice Maker, Wine Cooler
FlooringMarble, Stone, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,056 sqft

Building Information

Year Built1926
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000202786000000
Lot Number13
SubdivisionGreenville
Land UseResidential
Legal DescriptionGREENVILLE CREST BLK 7/2152 LOT 13 INT202100075772 DD03162021 CO-DC 2152 007 01300 1002152 007
Census Tract000202
Assessed Land Value$317,520
Assessed Improvement Value$679,980
Assessment Year2025

About this property

Nestled in the coveted M Streets, this charming home greets you with beautiful natural light, hardwood floors throughout, and desirable Mockingbird Elementary. The chef’s kitchen includes Carrara marble countertops, stainless steel appliances, gas range, and wine refrigerator – essential for home entertainment. True three bedrooms down, all spacious and well-appointed. The light and bright second floor includes quality built-in shelving and beautiful built-in desk - perfect for working from home or virtual schooling. Grassy yard and deck make the backyard a dream for the outdoor entertainer.

Investor Tools

Property Icon
$997,500
Estimated Property Value
$630,000Estimated Mortgage Balance
$367,500Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,985 /month
Positive
Cash Flow Estimate:
$1,995 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,779/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,359
$997,500
2025
$317,520
$679,980
$997,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,359
$997,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$547,500
No
First
Mar 16, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$630,000
$367,500
36%
63%
$4,087/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$4,087/mo
$-1,657/mo
2.9%

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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