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B+
NoAgentList RatingHow are grades calculated? Info

$259,000

1200 Main Street 507, Dallas, TX, 75202

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths880 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$294.32 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Lot Size1.03 acres

Building Information

Year Built1974
Stories1
Roof Type172
Garage Spaces1

Land Information

APN00C46200000000507
SubdivisionMetropolitan @ 1200 Main St Condo
Land UseResidential
Legal DescriptionMETROPOLITAN @ 1200 MAIN ST CONDO BLK 68 LOT 1A ACS 1.0331 UNIT 507 CE%0.269 INT202100157741 DD05252021 CO-DC 0068 000 00300
Census Tract003102
Assessment Year2025

About this property

Stunning two bedroom high-rise condo in the heart of Downtown Dallas. The urban property recently went through a beautiful high-end remodel. Modern kitchen has it all with granite countertops, raised breakfast bar with bar stools, and stainless steel backsplash and appliances. Gorgeous maple hardwoods throughout with tile in the kitchen and bathroom. Close to Downtown’s best restaurants, the AT&T discovery district, and Klyde Warren park. Perfect location for the urban dweller. Next door to Belo garden. Seller is selling furniture, art work,& both TV's for $5,000. Building amenities include 24-hour concierge, business center, rooftop pool with bbq areas, community lounge, gym, and a theater room.

Investor Tools

Property Icon
$268,000
Estimated Property Value
$0Estimated Mortgage Balance
$69,512Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
$488/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,571
$264,000
2025
N/A
N/A
$264,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,571
$264,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keller Mortgage Llc
Conventional
$219,450
No
First
May 25, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,488
$69,512
25%
74%
$1,316/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$1,804/mo
$-84/mo
7.7%

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 Street 507 | Property Details | No Agent List