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$1,697,000

6371 Mercedes Avenue, Dallas, TX, 75214

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,126 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$327.07 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave, Double Oven, Electric Water Heater, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size13,280 sqft

Building Information

Year Built1953
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000233905000000
Lot Number9
SubdivisionGreen Meadows
Land UseResidential
Legal DescriptionGREEN MEADOWS BLK C/2849 LT 9 INT202400081248 DD04222024 CO-DC 2849 00C 00900 1002849 00C
Census Tract000201
Assessed Land Value$670,690
Assessed Improvement Value$295,080
Assessment Year2025

About this property

Truly a magnificent home located on the estate block of Mercedes. Grand traditional architecture, maintained impeccably this home offers an excellent floor plan for entertaining yet exudes a welcoming warmth in every room. The grand kitchen overlooking the paneled family room has everything a cook desires including dual dishwashers and sinks. The owner's retreat overlooks the gorgeous pool and pergola and features an outstanding bath with steam shower and his and her vanities and closets with custom built-ins. The recently built garage with an incredible 615 sqft guest quarters was designed and finished to mirror the architecture of the home.

Investor Tools

Property Icon
$1,697,000
Estimated Property Value
$0Estimated Mortgage Balance
$727,255Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,182 /month
Positive
Cash Flow Estimate:
$3,394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,007/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,604
$965,770
2025
$670,690
$295,080
$965,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,604
$965,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$975,655
No
First
Dec 19, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$969,745
$727,255
42%
57%
$5,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$5,238/mo
$-2,358/mo
2.0%

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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6371 Mercedes Avenue | Property Details | No Agent List