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$1,133,000

5510 Merrimac Ave, Dallas, TX, 75206

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,555 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.15 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Hardwood, Marble, Tile, Wood

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting, Private Yard
Lot Size7,620 sqft

Building Information

Year Built1926
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000205237000000
Lot Number3
SubdivisionGreenland Hills 60ft Sec
Land UseResidential
Legal DescriptionGREENLAND HILLS 60FT SEC BLK 5/2197 LOT 3 INT202500116591 DD02202025 CO-DC 2197 005 00300 1002197 005
Census Tract000300
Assessed Land Value$533,400
Assessed Improvement Value$419,240
Assessment Year2025

About this property

ICONIC M-Street Tudor style home zoned to the highly coveted Mockingbird Elementary School! This beautiful home is a grand mix of old world charm and freshly updated interiors. The white kitchen boasts of Calacatta Quartz countertops, Carrara marble backsplash, custom glass front cabinets, Kohler farmhouse sink, a wine chiller and Thermador refrigerator. Anchored by an artfully designed fireplace, the oversized living room features rich hardwoods and stunning leaded glass windows, which provide an abundance of natural light. The Sunroom makes a wonderful office or playroom w the beautifully bricked arched windows and doorway, French style doors and a white beadboard ceiling. For the entertainers, the backyard is incredibly inviting with an expansive wood deck, pea gravel patio and a nice grassy yard! Merrimac is a desirable short street and is in close proximity to the Knox District. Walk or Uber the fun is just a minute away! The furniture is negotiable.  Owners prefer for it to stay.

Investor Tools

Property Icon
$1,133,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,133,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,798 /month
Positive
Cash Flow Estimate:
$2,266 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,292
$952,640
2025
$533,400
$419,240
$952,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,292
$952,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,133,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,170/mo
N/A
+$3,170/mo
3.4%

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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5510 Merrimac Ave | Property Details | No Agent List