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Owner Contacts

$833,000

9116 Mercer Dr, Dallas, TX, 75228

Off Market

4 Beds

3 Bath

3,136 Sq Ft

Single Family Residence

$228 / sqft

Built in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave

FlooringHardwood

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size20,945 sqft

Building Information

Year Built1963

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000707095000000

Lot Number10

SubdivisionLindenwood Park 1st Inst

Land UseResidential

Legal DescriptionLINDENWOOD PARK 1ST INST BLK K/7295 LT 10 INT202400053479 DD03152024 CO-DC 7295 00K 01000 3007295 00K

Census Tract012209

Assessed Land Value$156,250

Assessed Improvement Value$485,400

Assessment Year2025

About this property

Appraised at $830k. The sellers loss is your gain! Pride in ownership shines throughout this beautiful 4 bedroom 2 and a half bath home! Imagine drinking your morning coffee or tea and enjoying the serenity of the large front porch. This home also offers fresh paint, hardwood floors, granite countertops, huge backyard with a pool, pergola, chicken coop and greenhouse. What more could you need?! Come by and see it today before it’s gone!

Investor Tools

$833,000

Estimated Property Value

$520,000Estimated Mortgage Balance

$333,313Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,998 /month

Positive

Cash Flow Estimate:

$1,666 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$982/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,614

$641,650

2025

$156,250

$485,400

$641,650

Tax History

Year

Tax Paid

Assessed Value

2024

$7,614

$641,650

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Conventional

$520,000

First

Mar 15, 2024

Apr 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$499,687

$333,313

40%

60%

$3,118/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$3,118/mo

$-546/mo

3.7%

Learn About the Market: Opportunity in Dallas

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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.

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