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Days53Days on Market
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$1,695

$269,000

5740 Martel Ave Apt A12, Dallas, TX, 75206

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths929 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.82 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size1.04 acres

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00C02650000000A12
Lot Number4-5
SubdivisionAshton South Condos
Land UseResidential
Legal DescriptionASHTON SOUTH CONDOS BLK A/2894 PT LTS 4 & 5 UNIT A12 CE 2.5222% INT202200081136 DD03222022 CO-DC 2894 00A 00400 1002894 00A
Census Tract000202
Assessed Land Value$62,840
Assessed Improvement Value$192,640
Assessment Year2025

About this property

Stunning M-Street condo walking distance to restaurants, shops and entertainment! A stunning view of the courtyard from your patio. This end unit is perfect for the most privacy. Fresh flooring, paint, ceramic tile, and many more updates, make this cozy condo just right. Warm laminate wood floors in the combo living and dining accented by a wood burning fireplace. Galley style kitchen with granite counters, breakfast bar, stainless steel appliances, with refrigerator included. Assigned underground parking. We do all paperwork. App link to be provided. $75 application fee per person over 18 years. Certified funds for security deposit, and first months rent.

Investor Tools

$200,157Estimated Mortgage Balance
$87,587Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

Interested in this property?

William Lanfer

Solutions Real Estate Texas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,689
$255,480
2025
$62,840
$192,640
$255,480
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,689
$255,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Conventional
$217,550
No
First
Mar 22, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,157
$79,843
28%
70%
$1,305/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$1,505/mo
+$425/mo
8.1%

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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5740 Martel Ave Apt A12 | Property Details | No Agent List