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$274,750

NAL Estimated Property Value

5200 Martel Ave Apt 6d, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,099 Sq Ft
price_per_sqft$236.58 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave
FlooringCarpet, Hardwood, Slate, Tile

Exterior

Private PoolPrivate Pool
Lot Size6.01 acres

Building Information

Year Built1981
Stories2
Roof Type104
Garage Spaces1

Land Information

APN00C47500000F00004
Lot Number11-28
SubdivisionMonticello Crossroads Ph I-Iii
Land UseResidential
Legal DescriptionMONTICELLO CROSSROADS PH I-III BLK A/2937 LTS 11-28 & 1A BLDG F UNIT 4 CE .6588 INT201900173319 DD07022019 CO-DC 2937 00A
Census Tract000300
Assessed Land Value$86,240
Assessed Improvement Value$188,510
Assessment Year2025

About this property

Ideally located in the heart of Dallas near Katy Trail, Glencoe Park, and Southern Methodist University, this beautifully updated 2-bedroom townhome offers the perfect blend of convenience, comfort, and community. Situated within a gated complex, the property provides both security and a welcoming neighborhood feel while placing you just minutes from Mockingbird Station, popular dining, shopping, and vibrant campus life. Inside, the thoughtfully designed layout features wood-style flooring, a cozy fireplace, and a kitchen ideal for those who enjoy cooking and entertaining, opening seamlessly into the main living area. Both bedrooms are generously sized, and both bathrooms have been updated with modern finishes. The spacious primary suite offers a comfortable retreat with an updated bath. Step outside to your private patio, perfect for morning coffee or relaxing evenings. Two parking spaces. One is assigned in the garage. The other is open parking in the garage or lot, first come. Just steps from the front door of this unit. Residents enjoy access to a refreshing community pool, ideal for cooling off during warm Texas summers. Additional conveniences include in-unit laundry, covered parking, and off-street gated parking. Refrigerator, washer, and dryer are included, making this home truly move-in ready. With walkable access to trails, parks, shopping, and SMU, this home offers an exceptional in-town lifestyle in one of Dallas’ most desirable locations.

Investor Tools

Property Icon
$274,750
Estimated Property Value
$0Estimated Mortgage Balance
$274,750Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,649 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
$524/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,023
$274,750
2025
$86,240
$188,510
$274,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,023
$274,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$274,750
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$524/mo
+$1,406/mo
8.4%

City: Dallas

5200 Martel Ave Apt 6d | Property Details | No Agent List