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Owner Contacts

$160,000

805 Martinique Avenue, Dallas, TX, 75223

$208,000 ARV

Off Market

3 Beds

2 Bath

1,260 Sq Ft

Duplex

$126.98 / sqft

Built in 1947

Property Lead Type:

Off-Market ListARV FlipHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesOther

Exterior

Lot Size4,000 sqft

Building Information

Year Built1947

Stories1

Roof Type105

Land Information

APN00000165256000000

SubdivisionMartin Homestead

Land UseResidential

Legal DescriptionMOUNT AUBURN BLK 13/1614 TR 6 ACS 0.0916 40X100 MARTINIQUE & 40FR LINDSLEY INT202200298855 DD11182022 CO-DC 1614 013 00600

Census Tract001204

Assessed Land Value$120,000

Assessed Improvement Value$262,170

Assessment Year2025

About this property

***MULTIPLE OFFERS BEST AND FINAL by 12 noon CST Thursday January 14, 2021.***Extrodinary Find! Serviced by award winning Woodrow Wilson High School. Located in the highly desirable East Dallas! DUPLEX to be sold AS IS Each unit is individually metered. NEW CONSTRUCTION in neighborhood TOWNHOMES $450K+, NEW SFR's $600K+. Stones throw from Tenison Golf Course, Santa Fe Trail, White Rock Lake and Lakewood's shopping and dining. RARE opportunity 805 & 809 Martinque Ave side by side duplex's. To be sold AS IS Rare Find Duplex's that can be renovated and ROI 8%+ or convert into a single family residence 3~2 ARV $300K

Investor Tools

$493,000

Estimated Property Value

$0Estimated Mortgage Balance

$82,332Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$208,000

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,958 /month

Positive

Cash Flow Estimate:

$986 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$750/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,538

$382,170

2025

$120,000

$262,170

$382,170

Tax History

Year

Tax Paid

Assessed Value

2024

$6,538

$382,170

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Loandepot.Com Llc

Conventional

$415,900

First

May 14, 2025

Jun 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$410,668

$82,332

16%

83%

$2,459/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,459/mo

$-487/mo

4.8%

Learn About the Market: Opportunity in Dallas

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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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