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$249,900

5740 Martel Ave Apt B15, Dallas, TX, 75206

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths781 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$319.97 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Garage Spaces1

About this property

Charming and cozy M-Street Condominium in a beautiful East Dallas area just waiting for a single individual or couple. Located in the Ashton South Condominiums, just right off the Central Expressway and Mockingbird corridor and 4 minutes to the SMU campus. Walking distance to restaurants, coffee and shopping. Recently added engineered hard wood floors in the living room and kitchen. Open concept in living, dining and kitchen area with a galley styled kitchen with granite counter tops with a breakfast bar, new dishwasher and newish microwave. Refrigerator remains. Two fireplaces in the living room and bedroom. Retire upstairs in the quiet and peaceful bedroom which is accented by a wood-burning fireplace. The home has a Nest thermostat. Upstairs full-sized washer and dryer will remain for buyers. Extra upstairs room has a closet and skylight, which could be great for a study, library, den or sitting area and could be a great guest sleeping area. Enjoy the patio which faces Matilda Street. Underground and gated parking make it easy to access the property. Enjoy the beautiful pool, lounge chairs and cool treed green area while entertaining guests in the common area. All these wonderful amenities make this a must-see property.

Investor Tools

$0Estimated Mortgage Balance
$82,029Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Patricia Douglas

Hopkins Realty & Assoc. LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
$305/month
5.947%

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.

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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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