$475,000
●
House -
Off Market
3140 Merrell Road
Dallas, TX 75229
4 Beds
1 Bath,
1
Half Bath
2,438 Ft²
$714,640
RealtyHop Estimate
50.45%
Since Jan 1, 2020
TX-Dallas
Primary Model
About This Property
Situated in Royal Chapel Estates, this 4-bedroom, 3.5-bathroom home
is perfect for family living and entertaining. Scores of
windows bring light to the spacious family room, kitchen and dining
areas. The luxurious master suite flows into a spectacular master
bathroom and closet. A separate fourth bedroom with full bathroom
is perfect for guests. Designer features include stunning
bathrooms, gourmet kitchen with curated quartz and granite
countertops, an oversized island walk-in pantry, SS appliances,
luxury flooring, lighting, custom shelving and cabinetry.
Foundation recently leveled, new electrical, windows, sprinkler
system and second water heater. A 216 Sq ft workshop offers
endless possibilities.
Unit Size
2,438 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$195
Property Type
House
Property Taxes
$733
HOA Dues
-
Year Built
1957
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NTREIS #14217521)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| Jun 8, 2024 | Listed by Bray Real Estate Group- Dallas | $649,000 | |
| Listed by Bray Real Estate Group- Dallas | |||
| | |||
|
Welcome to your new home! This inviting 4-bedroom, 3.5-bathroom house offers a perfect blend of comfort and convenience. Impeccably designed, the property features spacious rooms with ample natural light, creating a warm and welcoming atmosphere. Each bedroom is well-sized, ensuring personal space for everyone, while the master suite provides a private retreat with its own luxurious bathroom. The heart of the home, the kitchen, is equipped with modern appliances and plenty of counter space, ideal for preparing meals and entertaining guests. The adjoining living room, with its cozy ambiance, is perfect for relaxing family evenings or hosting friends. Set in a friendly community in Dallas, this home is just moments away from local shops, restaurants, and parks, providing both leisure and practicality. With easy access to major highways, commuting is a breeze, making it an ideal choice for professionals and families alike. *All cast-iron plumbing has recently been replaced with PVC.*
| |||
| Dec 4, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2019 | Listed by Listing Spark | $475,000 | |
| Listed by Listing Spark | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
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HOA + Taxes
About Northwest Dallas
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Listed by: Aaron Jistel, Listing Spark
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14217521
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14217521
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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