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Owner Contacts

$835,000

5807 Mercedes Ave, Dallas, TX, 75206

Off Market

2 Beds

2 Bath

1,826 Sq Ft

Single Family Residence

$457.28 / sqft

Built in 1928

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Tankless Water Heater

FlooringWood

Exterior

Lot Size8,700 sqft

Building Information

Year Built1928

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000202684000000

Lot Number2

SubdivisionGreenville

Land UseResidential

Legal DescriptionGREENVILLE CREST BLK 6/2151 E 40FT LOT 2 & W 20FT LOT 3 INT202300016549 DD01252023 CO-DC 2151 006 00200 1002151 006

Census Tract000202

Assessed Land Value$435,000

Assessed Improvement Value$420,080

Assessment Year2025

About this property

Charming Dines and Kraft inspired Tudor with 1826 square feet in main house, detached quarters with a separate entrance is 849 square feet and oversized garage with a separate work shop that is 558 square feet. Located in the conservation district this 2 bedroom and 2 bath home has all the Tudor charm of stained glass windows, fabulous front porch, and hardwood floors. Kitchen features stainless steel appliances, Bertazonni Italian gas range, and solid surface countertops with the original built in cabinet for storage. Master bedroom has a walk in closet, ensuite bath and tons of natural light. Please see transaction desk for appraiser measurements.

Investor Tools

$859,000

Estimated Property Value

$621,000Estimated Mortgage Balance

$0Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,154 /month

Positive

Cash Flow Estimate:

$1,718 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,620/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,145

$855,080

2025

$435,000

$420,080

$855,080

Tax History

Year

Tax Paid

Assessed Value

2024

$15,145

$855,080

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending

Unknown

$621,000

First

Jan 25, 2023

Feb 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,165,566

N/A

136%

$7,448/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,930/mo

$7,448/mo

$-5,518/mo

2.7%

Learn About the Market: Opportunity in Dallas

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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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