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$690,000

4411 Mckinney Avenue 16, Dallas, TX, 75205

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,854 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$372.17 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1.50 acres

Building Information

Year Built2001
Stories3
Roof Type106
Garage Spaces2

Land Information

APN00C26750000400016
Lot Number2A
SubdivisionGrammercy Place Condominiums
Land UseResidential
Legal DescriptionGRAMMERCY PLACE CONDOMINIUMS BLK H/1532 LT 2A BLDG 4 UNIT 16 CE% .025641 INT202100070462 DD03102021 CO-DC 1532 00H 02A
Census Tract000705
Assessed Land Value$208,830
Assessed Improvement Value$375,180
Assessment Year2025

About this property

Three levels of absolute perfection in coveted Grammercy Place, ideally positioned in Dallas’ Knox neighborhood. This light-filled 2 bedroom, 2.5 bath residence blends polished updates with effortless urban living. Fresh paint and beautiful hardwood flooring create a crisp, timeless backdrop, while oversized windows fill the home with natural light. The kitchen anchors the living and dining spaces and features a gas cooktop, generous cabinetry, and an open layout made for entertaining. Remodeled bathrooms showcase quartz countertops and designer tile showers. The spacious primary suite is a true retreat with a jetted tub, custom closet, and private balcony. A second balcony expands the living space outdoors. Additional highlights include a tankless water heater, new upstairs HVAC, and a 2 car garage with shelving. HOA dues cover water, trash, sewer, gas, and exterior maintenance—offering convenience in one of Dallas’ most sought-after neighborhoods.

Investor Tools

$341,891Estimated Mortgage Balance
$248,109Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month

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HomeSmart

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,330/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,004
$584,010
2025
$208,830
$375,180
$584,010
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,004
$584,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Conventional
$382,500
No
First
Mar 10, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,891
$248,109
42%
58%
$2,294/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$2,794/mo
$-594/mo
4.5%

City: Dallas