2view

Owner Contacts

$246,000

NAL Estimated Property Value

1200 Main Street 2307, Dallas, TX, 75202

Off Market

1 Beds

1 Bath

880 Sq Ft

Condos / Townhouses

$338.52 / sqft

Built in 1974

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Washer

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Lot Size1.03 acres

Building Information

Year Built1974

Stories1

Roof Type172

Garage Spaces1

Land Information

APN00C46200000002307

SubdivisionMetropolitan @ 1200 Main St Condo

Land UseResidential

Legal DescriptionMETROPOLITAN @ 1200 MAIN ST CONDO BLK 68 LOT 1A ACS 1.0331 UNIT 2307 CE%0.269 INT202200108626 DD04142022 CO-DC 0068 000 00300

Census Tract003102

Assessment Year2025

About this property

Condominium is located in the heart of downtown Dallas on the 23rd floor. Kitchen with breakfast bar is open to living room with wall of windows. Unit features laminate flooring, granite counter tops, stainless steel appliances and stack washer and dryer. Study with closet and ceiling fan. Interior was painted in November, 2021. Assigned one car parking space in gated garage. The Metropolitan offers 24 hours concierge, pool, fitness center, theater room, business center. Located next to the Civic Garden with sitting area and park. HOA Dues increase to $519.15 per month as of January 1, 2022.

Investor Tools

$246,000

Estimated Property Value

$0Estimated Mortgage Balance

$246,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,787 /month

Positive

Cash Flow Estimate:

$596 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$561/month

$519/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,498

$246,000

2025

N/A

$246,000

Tax History

Year

Tax Paid

Assessed Value

2024

$5,498

$246,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$246,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,720/mo

$519/mo

+$1,201/mo

8.4%

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