A

NoAgentList RatingHow are grades calculated?

1view

$249,000

5740 Martel Avenue A08, Dallas, TX, 75206

Off Market

1 Beds

2 Bath

781 Sq Ft

Condos / Townhouses

$318.82 / sqft

Built in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Microwave

FlooringSimulated Wood, Tile

Exterior

Lot Size1.04 acres

Building Information

Year Built1983

Stories2

Roof Type105

Garage Spaces1

Land Information

APN00C026500000000A8

Lot Number4-5

SubdivisionAshton South Condos

Land UseResidential

Legal DescriptionASHTON SOUTH CONDOS BLK A/2894 PT LTS 4 & 5 UNIT A8 CE 2.1205% INT202300039310 DD02272023 CO-DC 2894 00A 00400 1002894 00A

Census Tract000202

Assessed Land Value$52,820

Assessed Improvement Value$161,960

Assessment Year2025

About this property

Priced to sell!! Fully renovated Lower Greenville Condo unit with a pool view. You won't find a more attractive looking place to call home. All new SS appliances, granite countertops, engineered wood flooring, lots of natural light, new windows and sliding glass door, plus much more. Living Room, Dining area, kitchen, plus a half bath for guests located on First Floor. Primary bedroom, laundry area and flex space on upper level. Bathrooms have LED vanity mirrors and elegant tile floors. Come enjoy Lower Greenville Living

Investor Tools

$246,000

Estimated Property Value

$0Estimated Mortgage Balance

$246,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,494 /month

Positive

Cash Flow Estimate:

$498 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$503/month

$265/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,800

$214,780

2025

$52,820

$161,960

$214,780

No

Tax History

Year

Tax Paid

Assessed Value

2024

$4,800

$214,780

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$246,000

100%

0%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$265/mo

+$1,375/mo

8.0%

Learn About the Market: Opportunity in Dallas

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 This Area