1view

$229,900

5200 Martel Avenue 37A, Dallas, TX, 75206

Off Market

1 Beds

2 Bath

920 Sq Ft

Condos / Townhouses

$249.89 / sqft

Built in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Washer

FlooringCarpet, Ceramic Tile, Concrete, Marble

Exterior

Exterior FeaturesBalcony

Lot Size6.01 acres

Building Information

Year Built1983

Stories2

Roof Type104

Garage Spaces1

Land Information

APN00C4750000BK00001

Lot Number11

SubdivisionMonticello Crossroads Condo Ph1-3

Land UseResidential

Legal DescriptionMONTICELLO CROSSROADS CONDO PH1-3 BLK A/2937 LOT 11-28 & 1A BLDG BK UNIT 1 CE .5515% INT202400064039 DD03292024 CO-DC 2937

Census Tract000300

Assessed Land Value$72,240

Assessed Improvement Value$208,360

Assessment Year2025

About this property

Stunning M Streets CONDO with EXTENSIVE RENOVATION & UPGRADES & 1 CAR GARAGE, located in gated Monticello Crossroads. Community has swimming pool & adjacent to Glencoe Park, easily accessible to I75, Katy Trail, Mockingbird Ped Bridge, White Rock Trail, Mockingbird Station, SMU, West Village, Knox-Henderson, shops & restaurants. Open concept kitchen & living room with stained concrete floors. Kitchen has custom 40 inch oak cabinets, SS appliances, wine fridge, granite countertops, glass tile backsplash. Other amenities; 2018 HVAC & ductwork, NEST thermostat, 2 WB fireplaces, marble master bath, wired for AT&T fiber, wired for surround sound, refrigerator & washer & dryer included, & a dedicated 1 car garage.

Investor Tools

$280,600

Estimated Property Value

$0Estimated Mortgage Balance

$280,600Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,684 /month

Positive

Cash Flow Estimate:

$561 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$640/month

$317/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,271

$280,600

2025

$72,240

$208,360

$280,600

Tax History

Year

Tax Paid

Assessed Value

2024

$6,271

$280,600

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$280,600

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$317/mo

+$1,323/mo

7.0%

Learn About the Market: Opportunity in Dallas

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