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$925,020

NAL Estimated Property Value

7105 Merriman Parkway, Dallas, TX, 75231

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,881 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$329.4 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListHigh Equity

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 Oven, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesLighting
Lot Size10,855 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000793931400000
Lot Number5
SubdivisionMerriman Park
Land UseResidential
Legal DescriptionMERRIMAN PARK ESTS BLK J/8131 LOT 5 INT202400077182 DD04152024 CO-DC 8131 00J 00500 3008131 00J
Census Tract007824
Assessed Land Value$400,000
Assessed Improvement Value$525,020
Assessment Year2025

About this property

Impeccably renovated, this California modern gem offers a harmonious blend of style and functionality. Boasting 4 bedrooms and 3 bathrooms, including a luxurious primary suite with dual walk-in closets, this home exudes comfort and sophistication. Two generously sized living areas provide ample space for relaxation and entertainment, enhanced by stunning white oak hardwood floors and designer lighting throughout. The chef-inspired kitchen features stainless steel professional appliances, gorgeous marble backsplash and is open to the family room and dining room. Vaulted ceilings in the living room and primary bedroom add to the sense of spaciousness and airiness. Situated just down the street from the community-favorite Firetruck Park and close to the picturesque White Rock hike and bike trails, outdoor recreation is at your doorstep. With a comprehensive renovation, this home is primed for new owners to move in and make cherished memories for years to come.

Investor Tools

Property Icon
$925,020
Estimated Property Value
$770,002Estimated Mortgage Balance
$155,018Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,694 /month
Positive
Cash Flow Estimate:
$1,898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,399
$925,020
2025
$400,000
$525,020
$925,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,399
$925,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$665,000
No
First
Apr 15, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$770,002
$155,018
16%
83%
$4,798/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$4,798/mo
$-2,226/mo
3.3%

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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7105 Merriman Parkway | Property Details | No Agent List