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$268,000

NAL Estimated Property Value

5740 Martel Avenue B13, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths925 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$221.51 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

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 Cooktop, Electric Oven, Electric Range, Other
FlooringCarpet, Laminate, Other

Exterior

Private PoolPrivate Pool
Lot Size1.04 acres

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00C02650000000B13
Lot Number4-5
SubdivisionAshton South Condos
Land UseResidential
Legal DescriptionASHTON SOUTH CONDOS BLK A/2894 PT LOTS 4 & 5 UNIT B13 CE 2.5114% INT202100262681 DD08312021 CO-DC 2894 00A 004 1002894 00A
Census Tract000202
Assessed Land Value$62,570
Assessed Improvement Value$186,720
Assessment Year2025

About this property

Updated 2-bedroom condo in gated community one block from Lower Greenville Ave! Kitchen has been updated with granite, stainless steel appliances, travertine back splash and breakfast bar. Upstairs master with fireplace, walk-in closet & granite in baths. Outdoor storage on balcony. Complex has a beautifully maintained courtyard with pool! Covered parking!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$161,612Estimated Mortgage Balance
$106,388Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
$316/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,685
$249,290
2025
$62,570
$186,720
$249,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,685
$249,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$177,650
No
First
Aug 31, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,612
$106,388
39%
60%
$1,066/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$1,382/mo
+$548/mo
8.6%

City: Dallas

5740 Martel Avenue B13 | Property Details | No Agent List