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A+
NoAgentList RatingHow are grades calculated? Info

$895,000

6289 Martel Avenue, Dallas, TX, 75214

$1,163,500 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,335 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.46 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Range, Gas Cooktop, Gas Oven, Ice Maker, Microwave, Convection Oven, Warming Drawer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,843 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000235057000000
Lot Number15
SubdivisionWilshire Heights
Land UseResidential
Legal DescriptionWILSHIRE HEIGHTS BLK F/2868 LT 15 INT202300176151 DD08312023 CO-SC 2868 00F 01500 1002868 00F
Census Tract000201
Assessed Land Value$509,800
Assessed Improvement Value$808,200
Assessment Year2025

About this property

Custom 4 bed 3.2 bath home. Walk into a beautiful entry through imported glass, arch-top wood door. Entry and dining have wainscoting. Wet bar with ice and fridge. Meticulously kept home features built-in speakers, extra storage, hardwood floors and double crown. Custom kitchen cabinetry w glass fronts, large updated island open to living, Jenn Air appliances, breakfast area with storage bench. Mudroom. Guest bedroom with full bathroom off main living. Upstairs the large master retreat with custom dbl shower, jetted spa tub and dbl his and her height vanities. Bedroom 3 and 4 are Jack and Jill, gym and large media game room...this home leaves nothing wanted. Web based irrigation and doorbell

Investor Tools

Property Icon
$1,490,000
Estimated Property Value
$0Estimated Mortgage Balance
$388,200Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,163,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,940 /month
Positive
Cash Flow Estimate:
$2,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,888
$1,318,000
2025
$509,800
$808,200
$1,318,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,888
$1,318,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank
Conventional
$1,160,000
No
First
Aug 30, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,101,800
$388,200
26%
74%
$6,955/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$6,955/mo
$-4,075/mo
2.3%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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6289 Martel Avenue | Property Details | No Agent List