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$332,000

NAL Estimated Property Value

1200 Main St Apt 504, Dallas, TX, 75202

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,169 Sq Ft
price_per_sqft$289.99 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.03 acres

Building Information

Year Built1974
Stories1
Roof Type172
Garage Spaces1

Land Information

APN00C46200000000504
SubdivisionMetropolitan @ 1200 Main St Condo
Land UseResidential
Legal DescriptionMETROPOLITAN @ 1200 MAIN ST CONDO BLK 68 LOT 1A ACS 1.0331 UNIT 504 CE%0.357 INT202300036044 DD02232023 CO-DC 0068 000 00300
Census Tract003102
Assessment Year2025

About this property

FHA Approved building. Popular 04 Floor plan at the Metropolitan at 1200 Main St in downtown Dallas. Versatile layout with master suite and additional study or bedroom and 2 full baths. Enjoy the large open kitchen with granite counters, stainless appliances, breakfast bar and marble floors. Wood floors in the living area with large windows overlooking the park below. Master suite features a walk in closet and spa like bath including a separate tub-shower and stone counters. The hall bath has a full size stackable laundry closet with washer and dryer that will convey. Building is loaded with amenities and features including a beautiful amenity floor on level 6 with gym, pool, lounge, etc. On site management and front desk staff.

Investor Tools

Property Icon
$332,000
Estimated Property Value
$249,691Estimated Mortgage Balance
$82,309Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
$756/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,270
$332,000
2025
N/A
N/A
$332,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,270
$332,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$265,600
No
First
Feb 23, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,691
$82,309
24%
75%
$1,593/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$2,349/mo
$-629/mo
6.2%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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1200 Main St Apt 504 | Property Details | No Agent List