B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$727,000

NAL Estimated Property Value

5927 Martel Avenue, Dallas, TX, 75206

Off Market

3 Beds

2 Bath

1,763 Sq Ft

Single Family Residence

$348.84 / sqft

Built in 1940

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Refrigerator, Gas Water Heater

FlooringWood

Exterior

Exterior FeaturesRain Gutters

Lot Size8,579 sqft

Building Information

Year Built1940

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000237337000000

Lot Number6

SubdivisionAltadena

Land UseResidential

Legal DescriptionALTADENA BLK E/2880 LT 6 INT202100117903 DD04202021 CO-DC 2880 00E 00600 1002880 00E

Census Tract000202

Assessed Land Value$557,640

Assessed Improvement Value$161,290

Assessment Year2025

About this property

Charming Tudor nestled in a quiet interior block is walkable to Mockingbird Elementary and Greenville Avenue attractions. Spacious, sun-filled open living-dining room with a fireplace. Good sized kitchen, updated with granite counters, gas range and breakfast nook that could also be used as an office. Large owner suite with updated private bathroom. Two large additional bedrooms. Separate utility. Enjoy relaxing on front and back patios. Detached two car garage.

Investor Tools

$727,000

Estimated Property Value

$489,319Estimated Mortgage Balance

$237,681Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,362 /month

Positive

Cash Flow Estimate:

$1,454 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,288/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,821

$718,930

2025

$557,640

$161,290

$718,930

Tax History

Year

Tax Paid

Assessed Value

2024

$11,821

$718,930

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$542,052

First

Apr 21, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$489,319

$237,681

32%

67%

$3,250/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,430/mo

$3,250/mo

$-820/mo

4.0%

Learn About the Market: Opportunity in Dallas

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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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