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Martel Ave, Dallas, Home For Sale

5503 Martel Ave, Dallas, Texas, 75206

Martel Ave, Dallas, Home For Sale

house for sale

Listed: 07/17/24

5503 Martel Ave, Dallas, Texas, 75206

5 Bed:

3 Bath:

3,263 Sq Ft Living Area:

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Price

$ 1,05M

Show 6 more

About This House

Exceptional 1940s Austin StoneTRIPLEX,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 in2021. 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 May30, 2025.

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Dallas Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$429,152 (-9.4%)
May 2024	$473,913 (-5.9%)
Apr 2024	$503,768 (0%)
Mar 2024	$503,768 (0%)
Feb 2024	$503,768 (0%)
Jan 2024	$503,768 (+17%)

In June 2024, the asking price for 2 bed houses for sale in/near Dallas, United States averaged $429,152, a decrease of 9.4% from the previous month.

Median price trends for properties for sale in Dallas, United States as of June 2024.

Household Income

Median household income: $52,210

Number of households: 521,198

The average household income in Dallas, TX grew from $50,627 to $52,210 in the past year. This data is an estimate based upon 521,198 households in Dallas, TX.
The chart below presents how household income is distributed in Dallas, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Dallas, TX compared to median property taxes around the country. The prevalent amount of property taxes in Dallas, TX equals $3k+ , which is more than the national average.