Townhouse / Rowhouse home in Dallas, TX
This 1,669-square-foot Townhouse home in Dallas, TX includes 3 bedrooms and 3 bathrooms. The Townhouse styling carries through the home's design.
| Price | $299,900 |
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| Beds | 3 |
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| Baths | 3 |
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| Sqft | 1669 |
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| Architectural style | Townhouse / Rowhouse (47% match) |
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| Address | 2418 Merlin St, Dallas, TX 75215 |
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Why buy this home
- Confirmed Townhouse / Rowhouse architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced below comparable homes.
- At $300K, this home is 40% below the $500K median for 618 similar Townhouse / Rowhouse homes in Dallas, TX.
- That works out to $180 per square foot, 25% below the $239 comparable rate.
- On the market 449 days, which is a long time; sellers are often flexible at this point.
| This home | $299,900 |
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| Townhouse / Rowhouse median in Dallas, TX | $499,900 (618 homes) |
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| Price per sq ft | $180 vs. $239 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,174/month with 20% down at a 7.28% 30-year fixed rate. You would need about $93,166 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,642/mo |
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| Property tax (new-buyer reassessed rate) | $420/mo |
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| Homeowners insurance | $112/mo |
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| Total monthly | $2,174/mo |
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| Down payment (20%) | $59,980 |
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| Income needed | $93,166/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (74 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (74/100) |
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| Beats renting in | 34% of modeled paths |
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| Modeled 5-yr equity (median) | $180,501 |
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| Range (10th to 90th pct) | $117,790 to $256,149 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Dallas, TX where local data is thin.
Local home values
Typical home values in Dallas, TX have risen about 12% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Zillow