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Days18Days on Market
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$1,295,000

$1,350,000

5946 Mercedes Avenue, Dallas, TX, 75206

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,264 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$396.75 / sqft
Year BuiltBuilt in 1932

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Hardwood, Marble

Exterior

Exterior FeaturesRain Gutters
Lot Size7,089 sqft

Building Information

Year Built1932
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00000234367000000
SubdivisionGreenville Crest 2
Land UseResidential
Legal DescriptionGREENVILLE CREST 2 BLK E/2858 LT 13 INT201600229864 DD08162016 CO-DC 2858 00E 01300 1002858 00E
Census Tract000202
Assessment Year2025

About this property

Circa 1932 M-Street Tudor, beautifully updated, expanded, and completely reimagined. Located in one of Dallas’s most charming urban neighborhoods, this thoughtfully renovated home offers over 3,262 square feet of exceptional living space, featuring 4 bedrooms, 3 baths, and 3 spacious living areas. From the moment you step inside, you’ll appreciate the balance of timeless character and modern functionality. Original charm shines through with hardwoods throughout the first floor, stained glass windows framing the decorative fireplace, flowing into the formal dining room and the light-filled office-garden room with beautiful eastern exposure. The open-concept kitchen and family room create the perfect space for both entertaining and everyday living. Designed with the home chef in mind, the kitchen features an island prep area with breakfast bar, five-burner KitchenAid gas cooktop with vent hood, double ovens, and beautifully designed custom cabinetry with exceptional storage. The primary suite and guest bedroom are conveniently located downstairs, while two additional bedrooms and a delightful third living area are upstairs, offering flexibility for family, guests, or work-from-home needs. Extensively updated plumbing and electrical systems, roof, windows, and zoned HVAC, this home offers the comfort and efficiency of new construction while preserving its historic charm. Additional amenities include a wood privacy fence, powered driveway gate, detached two-car garage, open patio and deck, and highly sought-after Mockingbird Elementary.

Investor Tools

Property Icon
$1,350,000
Estimated Property Value
$0Estimated Mortgage Balance
$856,354Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

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David Bush Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,651/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,068
$975,380
2025
N/A
N/A
$975,380
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,068
$975,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Conventional
$623,200
No
First
Aug 16, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$493,646
$856,354
63%
37%
$3,737/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,170/mo
$3,737/mo
$-567/mo
2.8%

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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5946 Mercedes Avenue | Property Details | No Agent List