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$694,000

NAL Estimated Property Value

9319 Mercer Drive, Dallas, TX, 75228

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.16 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer
FlooringBrick, Carpet, Ceramic Tile

Exterior

Lot Size9,316 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000707254000000
Lot Number14
SubdivisionLindenwood Park 1st Inst
Land UseResidential
Legal DescriptionLINDENWOOD PARK 1ST INST BLK N/7295 LT 14 INT202300021869 DD02032023 CO-DC 7295 00N 01400 3007295 00N
Census Tract012209
Assessed Land Value$125,000
Assessed Improvement Value$450,290
Assessment Year2025

About this property

Great location; good bones; could use some TLC. Located in the Casa Linda Forest neighborhood, this home is priced for a family looking to get into the start of a transitioning area or an investor seeking an opportunity for a quick turn. This four-bedroom, two-and-a-half bath home has two large downstairs living areas, kitchen, breakfast room, and utility room. Upstairs, all four bedrooms are larger than typically found in similar homes in the area, and all have great closet space. Easy access to the rear-entry garage with an oversized storage closet. Located in the Alex Sanger Elementary attendance zone rated above average in test scores, student progress and equity by GreatSchools.org - just five minutes away. Gaston Middle School is two minutes across Buckner Blvd with a seven minute drive to Bryan Adams High School. Minutes from White Rock Lake, all the shops and restaurants of Casa Linda, Smokey Rose restaurant, FOE swimming pool club and the award-winning Dallas Arboretum.

Investor Tools

Property Icon
$694,000
Estimated Property Value
$502,839Estimated Mortgage Balance
$191,161Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,164 /month
Positive
Cash Flow Estimate:
$1,388 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,111/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,863
$575,290
2025
$125,000
$450,290
$575,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,863
$575,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eecu
Conventional
$525,000
No
First
Jan 2, 2024
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$502,839
$191,161
27%
72%
$3,148/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,148/mo
$-576/mo
4.4%

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.

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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9319 Mercer Drive | Property Details | No Agent List