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$549,000

9544 Mercer Dr, Dallas, TX, 75228

Under ContractInfo
Beds4 Beds
Baths2 Bath
Baths2,498 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

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

Exterior

Lot Size12,343 sqft

Building Information

Year Built1945
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000619714000000
Lot Number24
SubdivisionAsh Creek
Land UseResidential
Legal DescriptionASH CREEK ESTATES BLK D/6643 LT 24 MERCER DR INT201900293626 DD10242019 CO-DC 6643 00D 02400 3006643 00D
Census Tract012400
Assessed Land Value$100,000
Assessed Improvement Value$420,420
Assessment Year2025

About this property

Exceptional opportunity to own a fully renovated duplex just minutes from White Rock Lake, the Dallas Arboretum, Lakewood, downtown Dallas, and Love Field. Whether you're looking to owner-occupy one unit while generating rental income from the other or lease both units for maximum cash flow, this turnkey property offers outstanding flexibility and investment potential. Extensively updated on both sides, recent improvements include updated electrical with new panels, professionally completed pier-and-beam foundation repairs, quartz countertops, new bathroom vanities, new tile flooring, fresh interior paint throughout (walls, ceilings, trim, cabinets, and doors), updated lighting, new ceiling fans, faux wood blinds, and stylish bath mirrors. Unit 9544 features all-new stainless steel kitchen appliances, while 9546 includes a stackable washer and dryer. Both units offer beautifully refinished original hardwood floors, attractive cabinetry, refrigerators, and an inviting blend of classic character and modern updates.The exterior has also been refreshed with newly completed paint and professionally trimmed mature trees, creating outstanding curb appeal. Each unit enjoys a private fenced yard with its own patio, and the property includes a detached two-car garage. Move-in ready and ideal for investors or owner-occupants alike, this is a rare opportunity to acquire an updated, income-producing property in one of East Dallas' most desirable neighborhoods. Market rents in the area typically range from $1,900 to $2,100 per month, making this an exceptional long-term investment. Sewer line from both units to the city has been replaced with PVC.

Investor Tools

$0Estimated Mortgage Balance
$563,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,378 /month
Positive
Cash Flow Estimate:
$1,126 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,081/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,152
$520,420
2025
$100,000
$420,420
$520,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,152
$520,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$602,000
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
5.5%

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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9544 Mercer Dr | Property Details | No Agent List