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Days190Days on Market
Views25view

$349,000

1200 Main Street 508, Dallas, TX, 75202

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,563 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$223.29 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Plumbed For Gas
FlooringMarble, Tile, Travertine, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size1.03 acres

Building Information

Year Built1974
Stories1
Roof Type172
Garage Spaces2

Land Information

APN00C46200000000508
Lot Number1A
SubdivisionMetropolitan @ 1200 Main St Condo
Land UseResidential
Legal DescriptionMETROPOLITAN @ 1200 MAIN ST CONDO BLK 68 LOT 1A ACS 1.0331 UNIT 508 CE%0.478 INT202200279207 DD10202022 CO-DC 0068 000 00300
Census Tract003102
Assessed Land Value$20,440
Assessed Improvement Value$440,650
Assessment Year2025

About this property

Tucked into one of the most desirable positions within the building, this sophisticated downtown condo offers a rare blend of privacy, space, and effortless accessibility. From the moment you arrive, convenience sets the tone, two assigned garage spaces, including one just steps from your front door on the same level, make coming home seamless. A semi-private vestibule entry adds an extra layer of quiet exclusivity. Inside, the home unfolds with a gallery-style foyer that creates a dramatic first impression and provides the perfect backdrop for art and statement pieces. Rich hardwood floors flow throughout, complemented by stone flooring in the kitchen and baths, not a trace of carpet in sight. The thoughtfully designed layout lives larger than expected. In addition to two generously sized bedrooms, a fully enclosed flex room with a closet offers endless possibilities as a home office, media room, or third bedroom. The open-concept living space is flooded with natural light from a wall of oversized windows, complete with adjustable roller shades for customized ambiance. The kitchen anchors the space with sleek slab stone countertops, an island, abundant cabinetry, SS apps + elevated lighting that gives the entire area a polished, modern edge. The secondary bedroom rivals many primary suites with its expansive proportions, walk-in closet, and adjacent full bath. Meanwhile, the primary retreat offers a spa-inspired experience featuring dual sinks and a soaking tub + shower. Residents enjoy 24-7 concierge service, rooftop pool + spa, fitness center, theater room, community lounge, board room, hobby workshop + a resident guest suite for visiting company. Grill stations, outdoor gathering spaces, secure bike, motorcycle storage & ample additional storage complete the experience. Located in the true heart of Downtown Dallas, you’re surrounded by dining, entertainment, and daily conveniences, even on-site restaurants and services just steps away.

Investor Tools

$319,808Estimated Mortgage Balance
$141,282Estimated Equity
30% 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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Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,101/month
$1,284/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,908
$461,090
2025
$20,440
$440,650
$461,090
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,908
$461,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust
Purchase Money Mortgage
$343,200
No
First
Oct 20, 2022
Oct 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,808
$141,282
30%
69%
$2,058/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$3,342/mo
$-1,312/mo
5.3%

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 508 | Property Details | No Agent List