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The Element at Mercantile Place apartments in Dallas, TX

Updated

The Element at Mercantile Place

Live pricing, refreshed

13
Units Listed
$1,334
Starting at
$1,798
Average
$2,162
Highest
$1.76
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Dallas Downtown Historic District rent trends

Beds

Pricing by Bedroom

1 Bed
$1,600
from $1,334 · 7 units
~831 sqft avg
2 Bed
$2,029
from $1,792 · 6 units
~1,243 sqft avg
Specials Available 13 units

Up to 6 Weeks Free

Specials also ran here in September and October.

Rent Distribution

The final bar groups units at that price or more when the range is wide.

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Lines hold the last known price between updates. Diamond markers show changes in quote terms.

Timeframe

Property Price Trend

Units with Price Changes (16)

Largest 8 movers of 16

Last 15 days

Estimated Building Revenue

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$226K

$2.7M annual run rate

Est. Occupancy

92%

of about 153 units (reported building size)

Effective Rent on New Leases

$1,612

vs $1,798 current asking ($186 negotiation gap)

Recent Lease Activity

16 units tracked; 3 assumed leased, 13 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

13

Moderate availability

8 floor plans

Move-in Specials

13

13 units with active promos

Use competing promos as leverage

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

13 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

1 Bed / 1 Bath Unit E-1257 Bedroom 12' x 13'
$1,334/mo
708 ft² · $1.88/ft²

Base rent · 18 months

Available: Now

Up to 6 Weeks Free
Up $2 since Nov 8 (was $1,332)
1 Bed / 1 Bath Unit E-1158 Bedroom 12' x 14'
$1,514/mo
815 ft² · $1.86/ft²

Base rent · 18 months

Available: Nov 21, 2026

Up to 6 Weeks Free
Up $2 since Nov 8 (was $1,512)
1 Bed / 1 Bath Unit E-0451 Bedroom 11'6" x 13'6"Balcony
$1,534/mo
772 ft² · $1.99/ft²

Base rent · 18 months

Available: Nov 23, 2026

Up to 6 Weeks Free
Down $9 since Nov 8 (was $1,543)
1 Bed / 1 Bath Unit E-0353 Bedroom 11'6" x 13'6"Balcony
$1,544/mo
772 ft² · $2.00/ft²

Base rent · 18 months

Available: Now

Up to 6 Weeks Free
Up $2 since Nov 8 (was $1,542)
1 Bed / 1 Bath Unit E-1159 Bedroom 12' x 14'6"Balcony
$1,744/mo
917 ft² · $1.90/ft²

Base rent · 18 months

Available: Now

Up to 6 Weeks Free
Up $2 since Nov 8 (was $1,742)

Full floor plan catalog

Review all 16 floor plans with Pro, including plans with no listed units.

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Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Dallas, TX notes

No resident notes for this property yet.

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Dallas Downtown Historic District Rent Trends

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