NoAgentList RatingHow are grades calculated?

6view

Owner Contacts

$723,000

NAL Estimated Property Value

6103 Martel Ave, Dallas, TX, 75214

Off Market

3 Beds

2 Bath

1,628 Sq Ft

Single Family Residence

$276.11 / sqft

Built in 1938

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size7,024 sqft

Building Information

Year Built1938

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000236191000000

Lot Number1

SubdivisionWilshire Heights

Land UseResidential

Legal DescriptionWILSHIRE HEIGHTS BLK F/2871 LOT 1 MARTEL & SKILLMAN INT201900127490 DD05152019 CO-DC 2871 00F 00100 1002871 00F

Census Tract000201

Assessed Land Value$410,900

Assessed Improvement Value$254,100

Assessment Year2025

About this property

Adorable, updated three bedroom, two bathroom home on a corner lot with an attached two-car garage and a great back deck. Open living and dining with fabulous hardwoods, high ceilings and fireplace. The kitchen is updated and offers stainless steel appliances and breakfast area. The master has a great walk-in closet. There is a separate utility room with builtin cabinets and space for washer and dryer. Backyard is landscaped with board-on-board fence and is perfect for entertaining. This home is perfectly located near Tietze Park, restaurants, and much more.

Investor Tools

$723,000

Estimated Property Value

$553,494Estimated Mortgage Balance

$169,506Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,338 /month

Positive

Cash Flow Estimate:

$1,446 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,138/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,044

$665,000

2025

$410,900

$254,100

$665,000

Tax History

Year

Tax Paid

Assessed Value

2024

$10,044

$665,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Conventional

$452,225

First

Dec 9, 2020

Jan 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$553,494

$169,506

23%

77%

$3,612/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,210/mo

$3,612/mo

$-1,402/mo

3.7%

Learn About the Market: Opportunity in Dallas

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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.

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