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$415,000

2950 Mckinney Ave Apt 223, Dallas, TX, 75204

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,241 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$334.41 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.51 acres

Building Information

Year Built2006
Stories1
Roof Type172
Garage Spaces1

Land Information

APN00C46280000000223
Lot Number1
SubdivisionMercer Square Condo
Land UseResidential
Legal DescriptionMERCER SQUARE CONDO BLK C/578 LT 1 ACS 1.505 UNIT 223 CE 0.013812% INT201800215858 DD08102018 CO-DC 0578 00C 00100 1DA0578
Census Tract001703
Assessed Land Value$135,800
Assessed Improvement Value$298,550
Assessment Year2025

About this property

Welcome to modern sophistication in the heart of Uptown Dallas at Mercer Square Condominiums. Located along iconic McKinney Avenue, this stunning mid-rise residence offers the ultimate blend of contemporary design, premium upgrades, and walkable urban convenience. Enjoy the energy of Uptown with restaurants, coffee shops and neighborhood destinations just steps away. Rich hardwood floors throughout all primary living spaces and kitchen, accented by elegant crown molding. Soaring high ceilings paired with large windows flood the open floor plan with natural light, alongside a charming Juliet balcony. Premium granite countertops, decorative tile backsplashes, and stainless steel appliances. Updated custom lighting fixture, under cabinet lightening,, new ceiling fans, and a secure keyless entry system. Master Suite Spa-like Bath. Primary Bedroom: Plush new carpet inside this extra large primary bedroom suite. Luxurious primary bathroom featuring granite vanities, a spacious walk-in shower, and a separate soaking spa tub. Walk-in Closet. Second Bedroom and full bath. The versatile second bedroom offers comfortable living space, ample closet storage, and great natural light, ideal for guests or a home office. Gated Security Controlled key-fob access entry and elevator service within a gated community. Parking Includes 1 assigned parking space inside the secure covered garage and 1 uncovered parking space. Outdoor Amenities include Access to a private outdoor swimming pool, outdoor BBQ grilling station and beautifully landscaped grounds. Dining and Entertainment is just steps away from renowned dining spots including Standard N Pour State and Allen Nodding Donkey Sakana Sushi Dream Cafe, Bowen House, as well many other bustling bars and cafes Convenient access to Griggs Park, The Katy Trail, Klyde Warren Park, Catch the historic McKinney Avenue Trolley right outside your door. Minutes from West Village Whole Foods Kroger and Target

Investor Tools

$254,528Estimated Mortgage Balance
$230,472Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

Interested in this property?

Cassidy Spilker

Access Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$783/month
$679/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,973
$434,350
2025
$135,800
$298,550
$434,350
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,973
$434,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$278,200
No
First
Mar 21, 2022
Apr 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,528
$230,472
47%
52%
$1,668/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,350/mo
$2,347/mo
+$3/mo
5.8%

City: Dallas

2950 Mckinney Ave Apt 223 | Property Details | No Agent List