Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$270,210

NAL Estimated Property Value

5200 Martel Ave Apt 27b, Dallas, TX, 75206

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths942 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$272.82 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6.01 acres

Building Information

Year Built1983
Stories2
Roof Type104

Land Information

APN00C4750000BA00002
Lot Number11
SubdivisionMonticello Crossroads Condo Ph1-3
Land UseResidential
Legal DescriptionMONTICELLO CROSSROADS CONDO PH1-3 BLK A/2937 LT 11-28 & 1A BLDG BA UNIT 2 CE .5647% INT201900257909 DD09182019 CO-DC 2937 00A
Census Tract000300
Assessed Land Value$73,940
Assessed Improvement Value$196,270
Assessment Year2025

About this property

Fantastic opportunity to own a beautiful updated condo in the heart of Dallas! This spacious 1 bedroom, 1.5 bath home offers 924 square feet of thoughtfully designed living space. The open floor plan creates a seamless flow between the kitchen, dining and living area-perfect for entertaining or relaxing. Step outside to your own private patio, ideal for morning coffee or quiet evenings. The kitchen opens to spacious living and dining area with ample natural light. The large primary suite features an ensuite bath with generous walk-in closet for optimal storage and comfort. Tastefully updated and move in ready, this condo offers modern convenience and low maintenance living. Located in the gated Monticello Crossroads community directly across from Glencoe Park, you'll enjoy proximity to SMU, Downtown, Uptown and the bustling Knox-Henderson area. Community amenities include a sparkling pool, clubhouse, beautiful maintained grounds and assigned parking. The HOA covers water, sewer, trash and exterior maintenance, making ownership easy and hassle free. Commuters and travelers will appreciate being just minutes from major thoroughfares, DART Rail and Love Field. Whether you're first time buyer, investor or simply looking for a vibrant and convenient neighborhood to call home, this property checks all the boxes. Don't mis your chance to own in one of Dallas's most desirable locations. July 2021 UPGRADES: COMPLETE NEW AIR CONDITIONER, LUXURY LAMINATE FLOORS, NEW CARPET ON STAIRS, TILE IN THE LAUNDRY ROOM, CUSTOM CABINETS IN KITCHEN WITH PULL OUT PANTRY, GRANITE COUNTERTOPS, SINGLE BOWL SINK, NEW APPLIANCES INCLUDING RANGE, MICROWAVE, DISHWASHER, NEW FIREPLACE WITH LEDGER STONE FRONT AND CUSTOM CABINETS IN MASTER BATH WITH CULTURED MARBLE SHOWER WALLS AND COUNTERTOP. This condo is a must see!

Investor Tools

Property Icon
$270,210
Estimated Property Value
$197,540Estimated Mortgage Balance
$73,248Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,621 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$621/month
$414/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,100
$270,210
2025
$73,940
$196,270
$270,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,100
$270,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Harmony Bank
Conventional
$198,400
No
First
Feb 27, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,540
$72,670
26%
73%
$1,190/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,604/mo
+$36/mo
7.3%

Learn About the Market: Opportunity in Dallas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

5200 Martel Ave Apt 27b | Property Details | No Agent List