9409 Mercer Drive
About This Property
This fully updated 4-bedroom gem is filled with natural light and thoughtful upgrades throughout. You'll love the beautiful new primary bathroom, the spacious walk-in butler's pantry, and an open, easy-flowing layout that's perfect for both quiet nights in and weekend get-togethers.
Step outside to a generous backyard with tons of green space-ideal for kids, pets, or hosting friends under the stars. Recent updates include a brand-new HVAC system 2024, water heater 2022, ROOF and gutters 2023 and insulation 2021, so you can move in with confidence.
Tucked in a peaceful neighborhood, yet just minutes from downtown Dallas and the Dallas Arboretum, 9409 Mercer Dr. offers the perfect balance of charm, comfort, and convenience.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | Listed by RE/MAX Trinity | $650,000 | |
| Listed by RE/MAX Trinity | |||
| Jun 22, 2020 | Sold | ||
| Sold | |||
| May 20, 2020 | Listed by Compass RE Texas, LLC. | $469,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Welcome to 9409 Mercer Dr, one of the most charming homes in Casa Linda Forest minutes from White Rock Lake, that provides character as well as spaciousness for easy living and entertaining! As you enter in through the front door you are greeted by a light filled dining room and optional formal sitting room or study with bay windows and plantation shutters. Flowing seamlessly into the open living room, kitchen, and breakfast area with features including wood burning fireplace, marble countertops, stainless steel appliances, and french doors leading to your large backyard. Two bedrooms with one full bathroom down stairs and an upstairs master suite and bath with additional bedroom create a great floor plan!
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About Northeast Dallas
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20911537
Details provided by NTREIS and may not match the public record
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