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$544,000

NAL Estimated Property Value

9504-9506 Mercer Drive, Dallas, TX, 75228

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,421 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Gas Range, Microwave, Vented Exhaust Fan, Washer
FlooringHardwood, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size22,914 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000619699000000
Lot Number19
SubdivisionAsh Creek
Land UseResidential
Legal DescriptionASH CREEK ESTATES BLK D/6643 LT 19 INT201900293621 DD10242019 CO-DC 6643 00D 01900 3006643 00D
Census Tract012400
Assessed Land Value$100,000
Assessed Improvement Value$402,310
Assessment Year2025

About this property

BELOW Appraised value! ASK about owner buy down with approved offer! This newly renovated FULL duplex is just minutes from White Rock Lake and the Arboretum! Whether you’re looking to live in one unit and generate income from the other, or maximize returns by leasing both sides, this property delivers flexibility and strong investment potential. Situated on more than a half acre, this turn-key duplex offers a spacious, grassy backyard with wood deck, patio and a two-car detached garage. Major updates include all new windows, updated electrical with new panels, and recently completed foundation repair on this classic pier-and-beam home. Additional improvements include a newly replaced garage roof, fresh landscaping with professionally trimmed trees, and newly painted exterior porch trim. Unit 9506 has just been refreshed with full interior paint (walls, ceilings, trim, and cabinets) along with ALL NEW HVAC, a new stainless steel refrigerator, bathroom vanity, hardware, fans, kitchen tile, subway tile backsplash and shower head. Unit 9504 was thoughtfully renovated in 2020 with new cabinets, granite countertops, updated vanity, flooring, and appliances. Both units feature beautifully refinished original hardwood floors, shaker cabinets, and include washers, dryers, and refrigerators, great for investors to step right in. A long-term tenant is in place in 9504 on a month-to-month lease (please do not disturb) This is a rare chance to own an updated, instant income-producing property in one of Dallas’ most sought-after areas. Minutes to downtown, Lakewood & Love Field.

Investor Tools

Property Icon
$544,000
Estimated Property Value
$0Estimated Mortgage Balance
$544,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,075/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,185
$502,310
2025
$100,000
$402,310
$502,310
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,185
$502,310

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$544,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
5.7%

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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9504-9506 Mercer Drive | Property Details | No Agent List