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Owner Contacts

$1,158,000

NAL Estimated Property Value

6010 Mercedes Avenue, Dallas, TX, 75206

Off Market

4 Beds

4 Bath

2,709 Sq Ft

$276.85 / sqft

Built in 1948

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Refrigerator

FlooringCarpet, Marble, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size7,089 sqft

Building Information

Year Built1948

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000234460000000

SubdivisionGreenville

Land UseResidential

Legal DescriptionGREENVILLE CREST 2 BLK F/2859 40FT LT 20 & 10FT LT 21 INT201900304953 DD11062019 CO-DC 2859 00F 02000 1002859 00F

Census Tract000202

Assessed Land Value$354,450

Assessed Improvement Value$719,460

Assessment Year2025

About this property

Charming, historic Hutsell Tudor in M-Streets offers blend of period charm with modern amenities for today's living. Preserved features include Batchelder FP tiles, curved arches, cove moulding, built-in stained glass & ornate casements. Enjoy modern updates in renovated & open eat-in kitchen w large island, farm sink, ss appliances, double ovens, gas cooktop, wine fridge. Downstairs floor plan expanded to include guest suite. Upstairs features oversized master with large bath and closet; plus two bedrooms, bath and laundry. Relax or entertain out back on deck, patio and backyard. Bonus studio perfect retreat for artists. Carport with 9x6 storage & electric gate accessible from alley.

Investor Tools

$1,158,000

Estimated Property Value

$443,153Estimated Mortgage Balance

$714,847Estimated Equity

61% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,948 /month

Positive

Cash Flow Estimate:

$2,316 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,910/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$17,125

$1,073,910

2025

$354,450

$719,460

$1,073,910

Tax History

Year

Tax Paid

Assessed Value

2024

$17,125

$1,073,910

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Highlands Residential Mortgage Ltd

Conventional

$499,824

First

Jul 8, 2020

Aug 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$443,153

$714,847

61%

38%

$2,997/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,170/mo

$2,997/mo

+$173/mo

3.3%

Learn About the Market: Opportunity in Dallas

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