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$457,170

NAL Estimated Property Value

1200 Main Street 2606, Dallas, TX, 75202

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,379 Sq Ft
price_per_sqft$282.09 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Microwave, Washer
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Storage
Lot Size1.03 acres

Building Information

Year Built1974
Stories1
Roof Type172
Garage Spaces2

Land Information

APN00C46200000002606
Lot Number1A
SubdivisionMetropolitan @ 1200 Main St Condo
Land UseResidential
Legal DescriptionMETROPOLITAN @ 1200 MAIN ST CONDO BLK 68 LOT 1A ACS 1.0331 UNIT 2606 CE%0.421 INT202100388068 DD12232021 CO-DC 0068 000 00300
Census Tract003102
Assessed Land Value$18,000
Assessed Improvement Value$439,170
Assessment Year2025

About this property

Absolutely stunning penthouse unit at The Metropolitan. 2 bedrooms 2 baths, large living and dining space all with incredible views of downtown! Private balcony for extended living space! Building amenities include 24 security & concierge, spa, gym, lounge, business center, grill area and luxurious pool! Close proximity to all downtown living has to offer! This unit comes with 2 covered parking spaces. **Required from buyer(s): reserve contribution equal to 2x the monthly assessment. $200.00 move in fee. Advanced monthly assessment. Property information is deemed reliable, but not guaranteed. Buyer, Buyers agent to verify all property information to include schools, taxes, measurements, HOA information.

Investor Tools

Property Icon
$457,170
Estimated Property Value
$242,904Estimated Mortgage Balance
$214,266Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,743 /month
Positive
Cash Flow Estimate:
$914 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
$765/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,582
$457,170
2025
$18,000
$439,170
$457,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,582
$457,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$264,997
No
First
Dec 23, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,904
$214,266
46%
53%
$1,589/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$2,354/mo
$-324/mo
5.3%

City: Dallas

1200 Main Street 2606 | Property Details | No Agent List