5503 MARTEL AVENUE, DALLAS, TX 75206
Homes for sale in Dallas.
Homes for sale in 75206.
List Price$995,000
5503 Martel Avenue
Dallas, TX 75206
Listing #20674497
5
Bedrooms
3 full
Bathrooms
3,263
Square Feet
3
Number of Units
Multi-Unit Residential
Type
About This Property
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.
Property Features
Location Information
County
Dallas
Subdivision
Adams & Whyte
Interior Features
Interior
BuiltInFeatures
Cooling
CentralAir
Full Baths
3
Floors
Tile, Wood
Has Fireplace
Yes
Appliances
Dishwasher, ElectricCooktop, ElectricOven, ElectricWaterHeater, Disposal
Number of Fireplaces
1
Total Number of Units
3
Heating
Central
Exterior Features
Stories
2
Pool Description
None
Construction
Brick, StoneVeneer
Lot Size in Acres
0.21
Foundation
PillarPostPier
Lot Size in Sq. Ft.
9,147
Roof
Composition
Buildings
1
Parking Description
AdditionalParking, AlleyAccess, DetachedCarport, Driveway, Garage
Building Total Area (Sq. Ft.)
3,263
Has Garage
Yes
Is One Story
No
Garage Spaces
2
School
Elementary School District
Dallas ISD
Jr. High School
Long
Elementary School
Mockingbird
High School
Woodrow Wilson
Additional Information
Year Built Details
Preowned
Status
Closed
Property Type
RI
Has a Home Owners Association
No
Property SubType
Triplex
Tax Annual Amount
15862.0
Year Built
1948
Similar Listings
Schools
Walk Score
Seller's Representative
Peter Mester
BK Real Estate LLC
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NTREIS - North Texas data last updated at July 17, 2026, 3:59 AM CT
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