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$258,900

Beds
1
Baths
2.0
sq ft
952

5200 Martel Ave Unit 11H, Dallas, TX 75206

5200 Martel Ave Unit 11H

Dallas, TX 75206

  • 7 days on market
    • Price drop $11,000↓
PRICE REDUCED ALMOST $11K BEST VALUE Gated community. 1 bedroom with loft area moments from SMU, M Streets, Uptown, and Mockingbird Station. Granite counters, kitchen cabinets. Recent interior paint. Large living with decorative wood burning fireplace. Loft, master bedroom, and full bath upstairs with extra storage closet. Loft could be used as second living or study. Master is spacious with walk in closet. All bathrooms and kitchen have slate floors. Neutral tones with lots of natural light. Enjoy the view of Glencoe Park from your balcony. Condo includes reserved spot in parking garage and open parking out front.

Details

Property type

Condominium

Est. home value

$246,117

Lot size

Unknown

Price per sq ft

$272

Year built

1981

Annual property taxes

$5,319

Monthly HOA fee

$440

Price History

01/30/2025
NTREIS

NTREIS #20823582

Price change
$258,900
-4.08%
01/23/2025
NTREIS

NTREIS #20823582

Listed
$269,900
04/07/2023
NTREIS

NTREIS #20273687

Removed

Schools & Community

Neighborhood: 

M Streets

Elementary school: 

Mockingbird

Middle school: 

Long

High school: 

Woodrow Wilson

Community features: 

Clubhouse, Pool

School district: 

Dallas ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$110,883
Asking price
$258,900
Closing costs (~8% of asking)
-$20,712
Est. remaining loan balance
-$127,305
Cash to seller
$110,883

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Waterstone Mortgage Corp

Loan start date

April 2023

Original loan amount

$130,000

Est. remaining balance

$127,305

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Jacqueline Delacruz and Zuleyka Hernandez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/31/2025 at 8:35 AM

Listing updated: 01/30/2025 at 7:42 AM

Listed by: John Brosius, Allie Beth Allman & Assoc. Phone #: (214) 521-7355

MLS: NTREIS #20823582

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