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$949,999

9220 Mercer Dr, Dallas, TX, 75228

Off Market

6 Beds

4 Bath

3,546 Sq Ft

Single Family Residence

$267.91 / sqft

Built in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 6

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop

FlooringCarpet, Ceramic Tile, Simulated Wood, Wood

Exterior

Private Pool

Lot Size17,996 sqft

Building Information

Year Built1965

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000707110000000

Lot Number15

SubdivisionLindenwood Park 1st Inst

Land UseResidential

Legal DescriptionLINDENWOOD PARK 1ST INST BLK K/7295 LT 15 MERCER DR INT202200287833 DD11032022 CO-DC 7295 00K 01500 3007295 00K

Census Tract012209

Assessed Land Value$156,250

Assessed Improvement Value$606,450

Assessment Year2025

About this property

Welcome to White rock lake! This entertainers dream has 6 bedroom,3.5 bath and sits on a private almost half acre creek lot. This property has been updated with style. Backyard has a putting green & new turf areas. Game room upstairs with multiple storage areas. The relaxing observation deck is the perfect place to entertain under the tree canopy and take in the views of Ash Creek. Open island kitchen with new cabinets, breakfast nook, quartz countertops, pot filler at stove, SS appliances, & all the cabinet space you could dream of. Downstairs bedroom ideal for guest bedroom or home office. Diving pool with outdoor pool bathroom for guests. Extended driveway with lots of parking. Designer marble fireplace. New roof 2020. New HVAC systems 2020. Pool resurfaced in 2020. Minutes from White Rock Lake, all the shops and restaurants of Casa Linda, Smokey Rose restaurant, FOE pool club, & the award winning Dallas Arboretum.

Investor Tools

$893,000

Estimated Property Value

$716,000Estimated Mortgage Balance

$224,936Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,700 /month

Positive

Cash Flow Estimate:

$1,900 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,489/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,401

$762,700

2025

$156,250

$606,450

$762,700

Tax History

Year

Tax Paid

Assessed Value

2024

$13,401

$762,700

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$716,000

First

Nov 3, 2022

Dec 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$668,064

$224,936

25%

75%

$3,337/mo

Learn About the Market: Opportunity in Dallas

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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.

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