Sold
$1,750,000
3 beds · 2 baths
22 +/- Merchants Drive, Dallas, GA 30132
About this home
Rare opportunity to purchase one of the largest tracts left in the City of Dallas. Assemblage of two properties makes this 22 +/ Acre tract perfect for a mixed use development of commercial along Merchants Drive and great for a residential community directly behind. Over 885 feet of road frontage along Merchants Dr. makes visibility fantastic for your development. Residential area would make a perfect 55+ community.
No HOA
Listing remarks courtesy of Ansley Real Estate| Christie's International Real Estate · Sold by Ansley Real Estate| Christie's International Real Estate.
· FMLS #7137605404-663-6136
$11,965/mo est.
with $175,000 down · $1,750,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
3
Beds
2
Baths
1958
Built
22 ac
Lot
None
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,750/morange $1,625 – $1,8751.2% gross yield
Based on 12 similar rentals within 2 mi (7 recently leased).
3 bd · 2 ba · 1,104 sqft · 0.4 mi away$1,690/mo3 bd · 2 ba · 1,104 sqft · 0.5 mi away$1,675/mo3 bd · 2 ba · 1,202 sqft · 0.8 mi away · leased$1,750/mo3 bd · 2 ba · 1,575 sqft · 0.8 mi away$1,575/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Payment calculator
$12,475/mo
Principal & interest$10,215
Property taxes$1,750
Home insurance$510
Down payment$175,000 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Schools
DallasElementary
Herschel JonesMiddle
Paulding CountyHigh
Location
42 for sale 16 pending 12 sold
Listed by
Ansley Real Estate| Christie's International Real Estate · Sold by Ansley Real Estate| Christie's International Real Estate
Source: FMLS · #7137605
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