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$261,200

5200 Martel Avenue 31D, Dallas, TX, 75206

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths934 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$279.66 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range
FlooringWood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size6.01 acres

Building Information

Year Built1983
Stories2
Roof Type104
Garage Spaces1

Land Information

APN00C4750000BE00004
Lot Number11
SubdivisionMonticello Crossroads Condo Ph1-3
Land UseResidential
Legal DescriptionMONTICELLO CROSSROADS CONDO PH1-3 BLK A/2937 LT 11-28 & 1A BLDG BE UNIT 4 CE .5599% INT202500018339 DD01282025 CO-DC 2937 00A
Census Tract000300
Assessed Land Value$73,290
Assessed Improvement Value$160,210
Assessment Year2025

About this property

The M Streets neighborhoods of East Dallas epitomize trendy, urban living with its unique blend of chic residential options, lush green spaces, and a wealth of memorable entertainment and dining venues nearby. Among its attractive offerings is a recently remodeled, 934-square-foot condominium in the gated Monticello Crossroads community. It is perfectly situated across from pet-friendly Glencoe Park, walking distance to SMU and the Katy Trail, which takes you to the AAC, Mockingbird Station, Lower Greenville and White Rock Lake, perfect for biking or running. The beautifully renovated and updated condominium is an ideal stylish and modern space. It has one-bedroom, and one-and-a-half-bathrooms in a cozy, private environment with a pool. It features stunning new wood flooring throughout and updated kitchen appliances. Buyers will love the manageable, high-quality living environment, with a reasonable price point positioning the space as a competitive option for a ready-to-move-in home.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$0Estimated Mortgage Balance
$37,523Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,567 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
$382/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,219
$233,500
2025
$73,290
$160,210
$233,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,219
$233,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$212,500
No
First
Jan 28, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,477
$37,523
15%
85%
$1,275/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,657/mo
$-17/mo
8.0%

Learn About the Market: Opportunity in Dallas

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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

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5200 Martel Avenue 31D | Property Details | No Agent List