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$890,000

5810 Mercedes Avenue, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$413.57 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard, Uncovered Courtyard
Lot Size7,056 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000202792000000
Lot Number15
SubdivisionGreenville
Land UseResidential
Legal DescriptionGREENVILLE CREST BLK 7/2152 LT 15 INT202200294070 DD11112022 CO-DC 2152 007 01500 1002152 007
Census Tract000202
Assessed Land Value$352,800
Assessed Improvement Value$599,970
Assessment Year2025

About this property

Beautifully updated 3 bedroom, 3 full bath Tudor cottage in the heart of the M Streets! As you enter through the front door you are greeted with an inviting floor plan, cool tones & a relaxing atmosphere! Open concept living & dining area with fireplace, recess lighting & lots of natural lighting! Kitchen features granite countertops, white cabinets, stainless appliances, glass tile backsplash, GE gas range & large island! All bathrooms have been fully remodeled with light colors & designer fixtures! Oversized master suite with two closets & a private bath featuring dual sink vanity & custom tile work! 2nd living area features full bath, custom built in cabinets & french doors leading to the backyard! Additional upgrades include new HVAC in 2021. New exterior siding 2020. New gutters & landscaping in 2020. Amazing backyard with wood deck & multiple seating areas under the canopy of mature trees! 2 car garage with electric gated entry! Walking distance to Greenville & so much more!

Investor Tools

Property Icon
$952,770
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,717 /month
Positive
Cash Flow Estimate:
$1,906 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,813/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,989
$952,770
2025
$352,800
$599,970
$952,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,989
$952,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$700,000
No
First
Nov 11, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,338,067
N/A
0%
140%
$8,394/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$8,394/mo
$-5,964/mo
3.1%

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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