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$737,000

NAL Estimated Property Value

6290 Martel Ave, Dallas, TX, 75214

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,936 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$409.61 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size7,942 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000234994000000
Lot Number16
SubdivisionWilshire Heights
Land UseResidential
Legal DescriptionWILSHIRE HEIGHTS BLK E/2868 LOT 16 INT202500072287 DD04082025 CO-DC 2868 00E 01600 1002868 00E
Census Tract000201
Assessed Land Value$516,230
Assessed Improvement Value$208,770
Assessment Year2025

About this property

Discover the perfect blend of charm and modern living at 6290 Martel Avenue, located near the highly desirable M Streets area. This beautiful 4-bedroom, 2-bathroom home welcomes you with its inviting curb appeal, mature landscaping, and a gorgeous front facade set beneath the shade of a majestic tree. Step inside to find a spacious and well-lit living area featuring elegant hardwood floors, a stunning stone fireplace, and warm wood accents that exude character and coziness. The open kitchen is a true entertainer's dream, showcasing granite countertops, custom cabinetry, a mosaic tile backsplash, and stainless-steel appliances. The master suite offers a serene retreat, bathed in natural light with windows overlooking lush greenery. Each additional bedroom is thoughtfully laid out, ideal for guests, a home office, or personal sanctuaries. Both bathrooms feature tasteful updates, including stylish fixtures and modern finishes. Outdoors, the property truly shines with a sparkling pool, complete with a covered patio, providing an idyllic spot for Texas summer entertaining or relaxing afternoons. The landscaped backyard offers privacy and tranquility, with vibrant plants adding a touch of serenity. Minutes away from the lively shopping and dining of Greenville Avenue, and with easy access to White Rock Lake and the Dallas Arboretum, this home combines a prime location with timeless appeal. Don't miss the opportunity to call this enchanting M Streets gem your own!

Investor Tools

Property Icon
$737,000
Estimated Property Value
$465,923Estimated Mortgage Balance
$271,077Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,758 /month
Positive
Cash Flow Estimate:
$1,586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,852/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,543
$725,000
2025
$516,230
$208,770
$725,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,543
$725,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$475,000
No
First
Apr 9, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$465,923
$271,077
36%
63%
$2,848/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,848/mo
+$32/mo
4.7%

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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6290 Martel Ave | Property Details | No Agent List