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$967,000

NAL Estimated Property Value

5842 Mercedes Ave, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,583 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$290.32 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesLighting, Garden
Lot Size7,046 sqft

Building Information

Year Built1926
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000202816000000
Lot Number23
SubdivisionGreenville
Land UseResidential
Legal DescriptionGREENVILLE CREST BLK 7/2152 LOT 23 INT202200227734 DD08192022 CO-DC 2152 007 02300 1002152 007
Census Tract000202
Assessed Land Value$352,300
Assessed Improvement Value$392,700
Assessment Year2025

About this property

DON’T MISS THIS ONE! Ever desirable M STREET CLASSIC TUDOR style with modern updates and comforts buyers demand. So quaint from the outside, so spacious inside! New owner will love preserved architectural features, leaded glass windows, perfect hardwoods. Light filled, open plan kitchen boasts 48 inch Viking gas range w griddle, stainless appliances, walk-in pantry, breakfast bar. Close by find second living area or study with half bath enhance the flexible floorplan. Retire to secluded FIRST FLOOR PRIMARY SUITE. Opening to casual front porch, the Suite offers a walk-in closet and updated bathroom. Upstairs find 2 large bedrooms, Spacious closets, full bath, utility. Landing offers place to work or reflect. Easy living patio offers sun-n-shade. Full sized yard provides plenty of grass for play. Bluetooth surround sound creates ambiance for entertaining. Abundant storage inside and out. Zoned AC-heat. Updated windows throughout. Recent foundation adjustment with engineers report

Investor Tools

Property Icon
$967,000
Estimated Property Value
$665,074Estimated Mortgage Balance
$301,926Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,802 /month
Positive
Cash Flow Estimate:
$1,934 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,509/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,278
$745,000
2025
$352,300
$392,700
$745,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,278
$745,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$715,000
No
First
Aug 19, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$665,074
$301,926
31%
69%
$4,287/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$4,287/mo
$-1,857/mo
3.0%

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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5842 Mercedes Ave | Property Details | No Agent List