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$223,000

NAL Estimated Property Value

5757 Martel Avenue B08, Dallas, TX, 75206

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths811 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$258.82 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Gas Water Heater
FlooringCeramic Tile, Hardwood, Tile

Exterior

Lot Size24,279 sqft

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN00C025800000000B8
Lot Number12-14
SubdivisionAshton Square Condominiums
Land UseResidential
Legal DescriptionASHTON SQUARE CONDOMINIUMS BLK 1/2888 LOTS 12 13 & 14 UNIT B8 CE 4.3583% INT202500020773 DD01312025 CO-DC 28880001 012
Census Tract000202
Assessed Land Value$58,190
Assessed Improvement Value$160,780
Assessment Year2025

About this property

Prime Location Just Steps from Greenville Ave!!! Enjoy a vibrant lifestyle with easy access to shops, restaurants, and bars. This beautifully renovated condo features quartz countertops, stainless steel microwave and oven, and laminate hardwood flooring throughout. The open living space flows seamlessly into the kitchen, providing a perfect setup for comfort and entertaining. The enclosed balcony adds extra convenience with its own storage closet. The bedroom includes a full bathroom, and there is ample storage throughout, including closets in both the primary bathroom and bedroom. The flexible space offers a variety of possibilities, featuring a full-size washer and dryer utility closet and a skylight for natural light. This pet-friendly condo welcomes your furry friends, with assigned parking and visitor parking available. Washer and dryer are for sale or can convey with an appropriate offer.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$79,594Estimated Mortgage Balance
$143,406Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
$279/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,969
$218,970
2025
$58,190
$160,780
$218,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,969
$218,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Li Yan
Purchase Money Mortgage
$88,000
No
First
May 10, 2021
Jan 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,594
$143,406
64%
36%
$528/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$807/mo
+$833/mo
8.8%

City: Dallas

5757 Martel Avenue B08 | Property Details | No Agent List