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$326,350

NAL Estimated Property Value

5200 Martel Avenue 5D, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,070 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$285.05 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting
Lot Size6.01 acres

Building Information

Year Built1981
Stories2
Roof Type104
Garage Spaces1

Land Information

APN00C47500000E00004
Lot Number11-28
SubdivisionMonticello Crossroads Ph I-Iii
Land UseResidential
Legal DescriptionMONTICELLO CROSSROADS PH I-III BLK A/2937 LOTS 11-28 & 1A BLDG E UNIT 4 CE.6414% INT202200320891 DD12202022 CO-DC 2937 00A
Census Tract000300
Assessed Land Value$83,890
Assessed Improvement Value$242,460
Assessment Year2025

About this property

Well-appointed condominium with open light-filled floorplan in the coveted Monticello Crossroads. This gorgeous home has been thoughtfully updated and offers a great mix of indoor and outdoor living. The family room with wood burning fireplace, inviting dining room, and bright kitchen with granite and stainless appliances is perfect for entertaining friends and family. Sliding glass doors from the kitchen and living rooms open to a spacious patio overlooking lush green space that's both fun and entertaining, yet peaceful and relaxing. Upstairs features a primary bedroom with over-sized on suite bath and secondary bedroom. Perfectly located with private garage and impressive views of Glencoe Park and close to Katy Trail, SMU, light rail, and Greenville Avenue. This home and community have it all and HOA covers water, trash and features a community pool.

Investor Tools

Property Icon
$326,350
Estimated Property Value
$274,018Estimated Mortgage Balance
$52,332Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,958 /month
Positive
Cash Flow Estimate:
$653 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,294
$326,350
2025
$83,890
$242,460
$326,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,294
$326,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Conventional
$292,500
No
First
Dec 20, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,018
$52,332
16%
84%
$1,754/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$2,149/mo
$-219/mo
7.1%

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 5D | Property Details | No Agent List