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Owner Contacts

$204,900

5200 Martel Avenue 33A, Dallas, TX, 75206

Off Market

1 Beds

2 Bath

920 Sq Ft

Condos / Townhouses

$222.72 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

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

FlooringCeramic Tile, Laminate

Exterior

Private Pool

Exterior FeaturesBalcony, Rain Gutters

Lot Size6.01 acres

Building Information

Year Built1983

Stories2

Roof Type104

Garage Spaces1

Land Information

APN00C4750000BG00001

Lot Number11

SubdivisionMonticello Crossroads Condo Ph1-3

Land UseResidential

Legal DescriptionMONTICELLO CROSSROADS CONDO PH1-3 BLK A/2937 LT 11-28 & 1 A BLDG BG UNIT 1 CE.5515% INT202200173718 DD06202022 CO-DC 2937A000

Census Tract000300

Assessed Land Value$72,240

Assessed Improvement Value$185,360

Assessment Year2025

About this property

3D 360 VIRTUAL TOUR AVAILABLE. $3,500 CLOSING COST INCENTIVE to be paid by seller for an accepted contract by 2-1-2020. Live in the highly desirable M streets, in a gated community at a very reasonable price. Highly desirable interior, secure A unit with your own lockable garage! Split-level design w SS Appls, Corian Ctops, Remodeled Bathrooms, Blonde Wood Laminates, Fireplace, Recessed Lighting, Skylight, Lofted Office-Living, Private Patio, Community Pool & Clubhouse. Across from Glencoe Park, quick jump on 75, close to Greenville Ave, Uptown, Mockingbird Station, SMU, The Katy Trail, DART & More!

Investor Tools

$257,600

Estimated Property Value

$0Estimated Mortgage Balance

$75,201Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,546 /month

Positive

Cash Flow Estimate:

$515 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$587/month

$316/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,757

$257,600

2025

$72,240

$185,360

$257,600

Tax History

Year

Tax Paid

Assessed Value

2024

$5,757

$257,600

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mid-American Mortgage Inc

Conventional

$196,800

First

Jun 20, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$182,399

$75,201

29%

71%

$1,180/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$1,496/mo

+$144/mo

7.6%

Learn About the Market: Opportunity in Dallas

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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.

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