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$493,000

NAL Estimated Property Value

805 Martinique Avenue, Dallas, TX, 75223

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,260 Sq Ft
DuplexDuplex
price_per_sqft$198.41 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringOther

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

Located in highly desirable East Dallas! DUPLEX package to be sold As Is, Where Is. Each unit is individually metered. Nearby New Construction Townhomes $520K+ and New SFR's $650K+. Near Tenison Golf Course, Santa Fe Trail, White Rock Lake and Lakewood Shopping Center. Rare opportunity 805 & 809 Martinique Ave side by side duplexes. To be sold AS IS Where Is. Rare Find Duplexes that can be renovated, with area rents $900-1200 per unit per mo, or convert into a single family residence 3 bed 2 bath residence, ARV approx. $345-400k. Brand new Early Childhood Center across the street with Estimated Completion Jan 2022. 809 Martinique to be sold with 805 Martinique Ave as a package.

Investor Tools

Property Icon
$493,000
Estimated Property Value
$410,668Estimated Mortgage Balance
$82,332Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
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
No

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
No
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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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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805 Martinique Avenue | Property Details | No Agent List