5503 Martel Avenue
Dallas, TX 75206
- 5 beds
- 3 baths
- – sqft
- 9,147 sqft lot
- 1948 build
- – on site
Back on market due to buyers financing falling through. Fully leased all 3 units! $6575 monthly gross rent. 1940s Austin Stone TRIPLEX, situated on a .21 acre corner lot, is an exceptional find. Located within walking distance to SMU, Mockingbird Station, and Glencoe Park, this property is 100% occupied and has undergone extensive updates throughout. Features include hardwood floors, granite countertops, fresh bright interior paint. All HVAC systems updated within the last 8 years, with one being brand new. Roof replaced in 2021. A 2-car garage, an additional 2-car carport, a full sprinkler system, and a fenced backyard for each unit with outdoor access. There is shared storage and a laundry room for two units, while one unit has its own washer and dryer. Don't miss this outstanding investment opportunity! All 3 units are long term tenants with renewed leases ending May 30, 2025.
Last checked:
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Last updated Oct 23, 2024
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MLS# 20674497 —
The Building
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Year Built:1948
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Year Built Details:Preowned
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Accessibility Features:No
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Roof:Composition
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Foundation Details:Pillar/Post/Pier
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Levels:Two
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Construction Materials:Brick, Siding, Stone Veneer
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Building Area Total:3263.00
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Building Area Source:Public Records
Interior
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Interior Features:Built-in Features
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Flooring:Tile, Wood
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Fireplaces Total:1
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Fireplace Features:Wood Burning
Location
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Directions:USE GPS.
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Latitude:32.83194000
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Longitude:-96.77447600
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Parcel Number:00000239083000000
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size SqFt:9147.6000
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Lot Size Acres:0.2100
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Lot Size Area:0.2100
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Lot Size Units:Acres
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# of Buildings:1
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:1
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Tax Block:N2919
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Tax Legal Description:ADAMS & WHYTE RESUBDN BLK N/2919 LOT 1 & W1/2
Beds
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Bedrooms Total:5
Baths
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Total Baths:3.00
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Total Baths:3
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Full Baths:3
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20674497
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:City Sewer, City Water, Electricity Available, Individual Water Meter
Appliances
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Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
Schools
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School District:Dallas ISD
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Elementary School:Mockingbird
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Elementary School Name:Mockingbird
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Middle School Name:Long
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High School Name:Woodrow Wilson
The Community
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Subdivision Name:Adams & Whyte
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Pool:No
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Association Type:None
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Complex Name:-
Parking
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Garage:Yes
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Attached Garage:No
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Garage Spaces:2
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Garage Length:20
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Garage Width:20
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Carport Spaces:2
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# of Parking Spaces:6
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Parking Features:Additional Parking, Alley Access, Detached Carport, Driveway, Garage
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/24/24
Sep 24, 2024
|
Price Changed | NTREIS | $995,000 | 2.1% |
|
9/24/24
Sep 24, 2024
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Price Changed | NTREIS | $975,000 | -7.1% |
|
9/24/24
Sep 24, 2024
|
Listed / Active | NTREIS | $1,050,000 |
