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$461,090

1200 Main Street 408, Dallas, TX, 75202

Off Market

2 Beds

2 Bath

1,563 Sq Ft

Condos / Townhouses

$201.54 / sqft

Built in 1974

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Range, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Washer

FlooringCeramic Tile, Wood

Exterior

Private Pool

Lot Size1.03 acres

Building Information

Year Built1974

Stories1

Roof Type172

Garage Spaces2

Land Information

APN00C46200000000408

Lot Number1A

SubdivisionMetropolitan @ 1200 Main St Condo

Land UseResidential

Legal DescriptionMETROPOLITAN @ 1200 MAIN ST CONDO BLK 68 LOT 1A ACS 1.0331 UNIT 408 CE%0.478 INT202100038601 DD02052021 CO-DC 0068 000 00300

Census Tract003102

Assessed Land Value$20,440

Assessed Improvement Value$440,650

Assessment Year2025

About this property

MOTIVATED SELLER (PRICE now $315,000) - BRING OFFER. WITH ACCEPTABLE OFFER, SELLER WILL PRE-PAY 12 MONTHS OF HOA DUES FOR BUYER. Located in downtown Dallas, next to Belo Gardens. Desired floorplan with 1,563 sqft, 2BRs, 2BAs, study, island kitchen, SS appliances, large custom closets, large bathrooms & 2 secure lower garage parking. Unit offers upgraded hardwoods with ceramic tile in kitchen & baths (no carpet). Open kitchen & living floorplan is great for entertaining & offers a split bedroom layout. Master bath has dual sinks, tub & separate shower. Wall of windows in living room & bedrooms. Kitchen Refrigerator, washer & dryer convey. Community Pool, Fitness, Media, Business Center, Clubroom & more.

Investor Tools

$461,090

Estimated Property Value

$0Estimated Mortgage Balance

$461,090Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,767 /month

Positive

Cash Flow Estimate:

$922 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$908/month

$868/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,594

$461,090

2025

$20,440

$440,650

$461,090

Tax History

Year

Tax Paid

Assessed Value

2024

$8,594

$461,090

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$461,090

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,030/mo

$868/mo

+$1,162/mo

5.3%

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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