Street View

B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$267,000

NAL Estimated Property Value

5740 Martel Avenue B14, Dallas, TX, 75206

Off Market

2 Beds

2 Bath

929 Sq Ft

Condos / Townhouses

$219.59 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Electric Range, Refrigerator

FlooringLaminate

Exterior

Lot Size1.04 acres

Building Information

Year Built1983

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00C02650000000B14

Lot Number4-5

SubdivisionAshton South Condos

Land UseResidential

Legal DescriptionASHTON SOUTH CONDOS BLK A/2894 PT LTS 4 & 5 UNIT B14 CE 2.5222% INT202100186811 DD06212021 CO-DC 2894A000 004 1002894A000

Census Tract000202

Assessed Land Value$62,840

Assessed Improvement Value$192,640

Assessment Year2025

About this property

M streets condo located in a gated community. Enjoy the community pool and beautifully landscaped grounds. The living area has a wood burning fireplace and laminate floors. Two bedrooms and 1.5 baths. Washer and dryer to convey with unit. New dishwasher in the kitchen. One reserved space in the parking garage with lots of visitor spaces. Dogs over 25 pounds must be approved via vet letter. SELLER MOTIVATED, MAKE AN OFFER

Investor Tools

$267,000

Estimated Property Value

$175,809Estimated Mortgage Balance

$91,191Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,602 /month

Positive

Cash Flow Estimate:

$534 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$398/month

$316/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,440

$255,480

2025

$62,840

$192,640

$255,480

Tax History

Year

Tax Paid

Assessed Value

2024

$3,440

$255,480

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Colonial National Mortgage

Conventional

$194,000

First

Jun 21, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$175,809

$91,191

34%

66%

$1,164/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,930/mo

$1,480/mo

+$450/mo

8.7%

Learn About the Market: Opportunity in Dallas

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