B+

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Owner Contacts

$449,900

1139 N Madison Ave # 102, Dallas, TX, 75208

Off Market

2 Beds

3 Bath

1,603 Sq Ft

Condos / Townhouses

$280.66 / sqft

Built in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Double Oven

FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,888 sqft

Building Information

Year Built2022

Stories3

Roof Type105

Garage Spaces2

Land Information

APN00C44120000000102

Lot Number9

Land UseResidential

Legal Description1139 MADISON CONDOMINIUMS BLK M/3363 LT 9 UNIT 102 CE%14.28571 INT202400027869 DD02092024 CO-DC 3363 00M 00900 2DA3363 00M

Census Tract004201

Assessed Land Value$70,630

Assessed Improvement Value$402,260

Assessment Year2025

About this property

Built by Conrad Homes. This modern townhome is your urban oasis, featuring an open living space, a chef's kitchen, 2 spacious bedrooms with en suite bathrooms, and a two-car garage. The focal point of the dine-in kitchen is the oversized island with waterfall countertops. High ceilings throughout, vinyl plank flooring, and floor-to-ceiling windows bring in abundant natural light. Located conveniently near Bishop Arts, Downtown, and walking distance from Methodist Hospital.

Investor Tools

$472,890

Estimated Property Value

$427,500Estimated Mortgage Balance

$62,761Estimated Equity

10% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,837 /month

Positive

Cash Flow Estimate:

$946 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,078/month

$270/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,569

$472,890

2025

$70,630

$402,260

$472,890

Tax History

Year

Tax Paid

Assessed Value

2024

$10,569

$472,890

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$427,500

First

Feb 9, 2024

Mar 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$410,129

$62,761

13%

87%

$2,564/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$2,834/mo

$-1,269/mo

4.0%

Learn About the Market: Opportunity in Dallas

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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.

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