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$295,680

NAL Estimated Property Value

5200 Martel Avenue 17C, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,056 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$283.14 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size6.01 acres

Building Information

Year Built1983
Stories2
Roof Type104
Garage Spaces1

Land Information

APN00C47500000Q00003
Lot Number11
SubdivisionMonticello Crossroads Condo Ph1-3
Land UseResidential
Legal DescriptionMONTICELLO CROSSROADS CONDO PH1-3 BLK A/2937 LT 11-28 & 1A BLDG Q UNIT 3 CE.6330% INT202400092600 DD05072024 CO-DC 2937 00A
Census Tract000300
Assessed Land Value$82,840
Assessed Improvement Value$212,840
Assessment Year2025

About this property

Welcome to this charming 2 bedroom, 2 bathroom condo close to Glencoe Park, Katy Trail, SMU, and various dining options, offering a perfect blend of convenience and comfort. The open layout seamlessly connects the living room to the dining area and kitchen, creating an inviting atmosphere for entertainment. The condo boasts a modern kitchen equipped with all the essentials for culinary endeavors, including sleek appliances and ample counter space. Adjacent to the kitchen, you'll find a cozy fireplace. Both bedrooms are generously sized.The primary bedroom features an en-suite bathroom. Step outside onto the balcony and take in the serene views of the surrounding neighborhood. Additional highlights of this condo include a full-size washer and dryer, a one car garage and access to a variety of amenities. With its desirable location and proximity to parks, trails, public transportation, and dining options, this condo offers the ideal urban lifestyle.

Investor Tools

Property Icon
$295,680
Estimated Property Value
$0Estimated Mortgage Balance
$295,680Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
$465/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,189
$295,680
2025
$82,840
$212,840
$295,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,189
$295,680

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$295,680
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$465/mo
+$1,465/mo
7.8%

City: Dallas

5200 Martel Avenue 17C | Property Details | No Agent List