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Owner Contacts

$288,890

NAL Estimated Property Value

1200 Main St Apt 2205, Dallas, TX, 75202

Off Market

1 Beds

1 Bath

757 Sq Ft

$356.54 / sqft

Built in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Microwave, Refrigerator

Exterior

Private Pool

Exterior FeaturesCourtyard

Lot Size1.03 acres

Building Information

Year Built1974

Stories1

Roof Type172

Land Information

APN00C46200000002205

Lot Number1A

SubdivisionMetropolitan @ 1200 Main St Condo

Land UseResidential

Legal DescriptionMETROPOLITAN @ 1200 MAIN ST CONDO BLK 68 LOT 1A ACS 1.0331 UNIT 2205 CE%0.231 INT202500007297 DD01102025 CO-DC 0068 000 00300

Census Tract003102

Assessed Land Value$9,880

Assessed Improvement Value$279,010

Assessment Year2025

About this property

This 22nd floor condo features outstanding views of Downtown! B of A Tower, Belo Garden, Omni Hotel, and Reunion Tower all just outside the private outdoor patio. The unit boasts expansive windows for great light throughout the open floorplan. Luxury Vinyl plank, and natural stone flooring; stainless steel appliances, granite counters, built in microwave; fridge and washer-dryer included. Dual walk in closets and desk nook in Primary bedroom. Building info: 24 hr concierge, rooftop pool, grilling area, fitness center, media room, outdoor lounge, business center, cvd parking in SECURE garage. Walk to new AT&T Discovery District! Refrigerator & WD included. Water Heater (2023), HVAC (2022)

Investor Tools

$288,890

Estimated Property Value

$206,364Estimated Mortgage Balance

$82,526Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,733 /month

Positive

Cash Flow Estimate:

$578 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$609/month

$535/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,867

$288,890

2025

$9,880

$279,010

$288,890

Tax History

Year

Tax Paid

Assessed Value

2024

$5,867

$288,890

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Citibank Na

Conventional

$210,000

First

Jan 10, 2025

Feb 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$206,364

$82,526

28%

71%

$1,226/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,720/mo

$1,761/mo

$-41/mo

7.1%

Learn About the Market: Opportunity in Dallas

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