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$240,800

NAL Estimated Property Value

5200 Martel Avenue 35D, Dallas, TX, 75206

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths898 Sq Ft
price_per_sqft$272.83 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCeramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size6.01 acres

Building Information

Year Built1983
Stories2
Roof Type104
Garage Spaces1

Land Information

APN00C4750000BI00004
Lot Number11
SubdivisionMonticello Crossroads Condo Ph1-3
Land UseResidential
Legal DescriptionMONTICELLO CROSSROADS CONDO PH1-3 BLK A/2937 LT 11-28 & 1A BLDG BI UNIT 4 CE .5155 % INT202200320486 DD12192022 CO-DC 2937
Census Tract000300
Assessed Land Value$67,530
Assessed Improvement Value$173,270
Assessment Year2025

About this property

Well appointed Corner unit in the coveted Monticello Crossroads. Amazing location in the heart of the M Streets, steps from shopping, restaurants, SMU, Katy Trail & Glencoe Park. 10 minutes from Downtown.Kitchen boast newly installed quartz countertops, SS appliances. loft style master bedroom with huge walk-in closet & newly updated bath. The bedroom is adjacent to a great loft space that can be used as an office . Laundry area that can accommodate a full washer and dryer. Half bath and living room with fireplace This condo has one car garage and covered porch. Don't miss this opportunity to live in one of the best areas in Dallas. Recent update; designer paint, light fixture and ceiling fans, quartz counter top, kitchen flooring, renovated bathroom.

Investor Tools

Property Icon
$240,800
Estimated Property Value
$218,933Estimated Mortgage Balance
$21,867Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
$386/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,382
$240,800
2025
$67,530
$173,270
$240,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,382
$240,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$233,700
No
First
Dec 20, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,933
$21,867
9%
91%
$1,402/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,788/mo
$-148/mo
8.2%

City: Dallas

5200 Martel Avenue 35D | Property Details | No Agent List