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$1,450,000

5435 Mercedes Ave, Dallas, TX, 75206

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$467.74 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Disposal, Gas Range, Plumbed For Gas, Tankless Water Heater, Vented Exhaust Fan
FlooringCeramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,800 sqft

Building Information

Year Built1928
Roof Type105
Garage Spaces1

Land Information

APN00000205615000000
Lot Number18
SubdivisionGreenland Hills 60 Ft Sec
Land UseResidential
Legal DescriptionGREENLAND HILLS 60 FT SEC BLK 10/2202 LT 18 INT201300342395 DD11012013 CO-DC 2202 010 01800 3DA2202 010
Census Tract000300
Assessed Land Value$546,000
Assessed Improvement Value$504,000
Assessment Year2026

About this property

Beautifully preserved 1928 Tudor situated on a premier block in the coveted M-Streets. Thoughtfully renovated in 2009 with historical accuracy by architect William Briggs, this beautifully maintained home seamlessly blends timeless architectural character with sophisticated modern updates. Rich in gorgeous period details, the home showcases beautiful stained-glass windows, original hardwood floors, and the distinctive charm and craftsmanship of a classic 1920s Tudor. The well appointed kitchen features a professional Wolf range, a convenient butler's area, abundant storage, and a spacious sit up bar perfect for casual dining and entertaining. The primary bath was thoughtfully renovated in 2025 and features a beautiful soaking tub, separate walk-in shower, dual vanities and a spacious walk-in closet. You are welcomed into a sophisticated living room filled with natural light as well as a first floor den that offers exceptional flexibility, with the den providing the option to be converted into a fourth bedroom. Hardwood floors flow throughout the entire home, adding warmth and elegance to every room. The home offers wonderful living flexibility, including a spacious second-floor living room that provides an ideal retreat, media space, or gathering area. Recent improvements include a new downstairs HVAC system in 2024, a new upstairs HVAC system in 2026, a new two-car garage, and a new roof, both completed in 2026. The expansive front porch is the perfect place to relax and take in the beauty of this exceptional home and its picturesque street. From its stunning stained-glass windows and historic architectural details to its thoughtful renovations and extensive recent updates, this is a truly special M-Streets home.

Investor Tools

$424,781Estimated Mortgage Balance
$916,219Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

Interested in this property?

Annamari Lannon

Allie Beth Allman & Assoc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,127/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,823
$1,050,000
2026
$546,000
$504,000
$1,050,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$18,823
$1,050,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$360,000
No
First
Nov 1, 2021
Dec 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,781
$916,219
68%
32%
$2,759/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$2,759/mo
$-329/mo
2.2%

City: Dallas

5435 Mercedes Ave | Property Details | No Agent List