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$1,980,000

NAL Estimated Property Value

5929 Mercedes Avenue, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths4,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$459.75 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringHardwood, Marble, Tile

Exterior

Private PoolPrivate Pool
Lot Size6,720 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000234517000000
Lot Number7
SubdivisionGreenville
Land UseResidential
Legal DescriptionGREENVILLE CREST 2 BLK H/2861 LT 7 INT202400234566 DD11182024 CO-DC 2861 00H 00700 1002861 00H
Census Tract000202
Assessed Land Value$336,000
Assessed Improvement Value$72,530
Assessment Year2025

About this property

This home is virtually all new construction with a 1948 build year attributed to select historic elements preserved under conservation guidelines. Set on the M Streets most premier avenue in the coveted Mockingbird Elementary attendance zone this architecturally refined residence blends timeless European elegance with modern livability. A striking stone façade, graceful arches, & warm lantern lighting create an inviting first impression, setting the tone for the craftsmanship found throughout the home with custom millwork, rich finishes, & a harmonious palette that feels both elevated & welcoming. Sun-filled living spaces flow seamlessly, framed by arched openings & expansive windows bringing natural light into the home. Bespoke cabinetry to carefully selected materials reflects a commitment to quality & design. The kitchen & adjoining prep kitchen balance beauty and function, featuring custom built-ins, statement finishes, & a layout ideal for both everyday living & entertaining. The downstairs bedroom functions as a private mother-in-lawsuite with a spacious, luxurious bath, while upstairs the home offers a dedicated study, two bedrooms with ensuite baths, a large game room, & a generously sized primary bedroom with an expansive bath. Throughout the home, architectural details & tailored storage solutions elevate each room while maintaining a clean, sophisticated aesthetic. Outdoor living is equally considered, with front & back yard covered patio spaces and a tile surfaced pool extending the home’s charm & provide an ideal setting for relaxing or hosting guests. Other exterior features include a board-on-board fence with an automatic gated entry & a historic wrought iron fence imported from England. Blending classic inspiration with contemporary comfort, this home offers a truly distinctive living experience designed for those who appreciate timeless design & refined craftsmanship. Estimated completion end of March with opportunities to customize still available.

Investor Tools

Property Icon
$1,980,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,980,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,999 /month
Positive
Cash Flow Estimate:
$4,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,583/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,097
$408,530
2025
$336,000
$72,530
$408,530
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,097
$408,530

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,980,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
N/A
+$1,930/mo
1.2%

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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5929 Mercedes Avenue | Property Details | No Agent List