1view

Owner Contacts

$274,750

NAL Estimated Property Value

5200 Martel Avenue 11E, Dallas, TX, 75206

Off Market

2 Beds

2 Bath

1,099 Sq Ft

$235.67 / sqft

Built in 1981

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator, Washer

FlooringTile, Vinyl

Exterior

Private Pool

Exterior FeaturesBalcony, Rain Gutters

Lot Size6.01 acres

Building Information

Year Built1981

Stories2

Roof Type104

Land Information

APN00C47500000K00001

Lot Number11-28

SubdivisionMonticello Crossroads Ph I-Iii

Land UseResidential

Legal DescriptionMONTICELLO CROSSROADS PH I-III BLK A/2937 LOTS 11-28 & 1A BLDG K UNIT 1 CE .6588% INT202200268545 DD10112022 CO-DC 2937A000

Census Tract000300

Assessed Land Value$86,240

Assessed Improvement Value$188,510

Assessment Year2025

About this property

Beautifully updated, condo with park views in M-streets neighborhood! This two bedroom, light and bright end unit has newly installed wood-grain flooring throughout, NO carpet, cozy white brick fireplace, plantation shutters, blinds and new tile in the kitchen. Two spacious bedrooms work for roommates, kids or office space. 2020 stainless appliances, 2018 HVAC. Storage closet off balcony. Washer, dryer and refrigerator convey. Gated community with pool, clubhouse and reserved underground parking. Complex roof replaced and outside painting in 2017. Close to SMU, downtown, Mockingbird Station, Greenville Ave.

Investor Tools

$274,750

Estimated Property Value

$185,534Estimated Mortgage Balance

$89,216Estimated Equity

32% 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

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

$626/month

$419/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,141

$274,750

2025

$86,240

$188,510

$274,750

Tax History

Year

Tax Paid

Assessed Value

2024

$6,141

$274,750

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Conventional

$198,750

First

Oct 11, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$185,534

$89,216

32%

68%

$1,192/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,930/mo

$1,611/mo

+$319/mo

8.4%

Learn About the Market: Opportunity in Dallas

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 This Area