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$487,000

1324 Fitts Pl, Dallas, TX, 75215

Off MarketInfo
Beds2 Beds
Baths4 Bath
Baths1,605 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$303.43 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size1,589 sqft

Building Information

Year Built2018
Stories3
Roof Type105
Garage Spaces1

Land Information

APN000420000A0180000
Lot Number18
Land UseResidential
Legal DescriptionSOUTHSIDE PLACE 2 BLK A/420 LT 18 INT202300139249 DD07132023 CO-DC 0420 00A 01800 3DA0420 00A
Census Tract020402
Assessed Land Value$79,400
Assessed Improvement Value$370,600
Assessment Year2025

About this property

Built in 2019 by David Weekley Homes, this contemporary modern townhome is like-new! With no attached walls & very low HOA fees, this walkable Cedars home offers incredible downtown living packed with upgrades. 2 beds, office & private loft. Attached 2-car garage. Gorgeous open floor plan with 11’ ceilings & oversized windows means great natural light throughout. Granite counters, tall cabinetry, large pantry, gas range, SS appliances, immaculate upgraded carpeting, wood floors, & walk-in closets. First floor office nook can be used as a study or sitting area. Impressive master suite boasts oversized walk-in closet & ensuite bath with glass shower & dual sinks. Third floor loft area opens up to the rooftop deck with Downtown Dallas views. Fenced in front yard is perfect for pets, with a neighborhood dog park a block away. Centrally located minutes from Downtown Dallas, Deep Ellum & Bishop Arts, walk to numerous parks, museums, Alamo Drafthouse, Gilley’s, Canvas Hotel & many more!

Investor Tools

Property Icon
$450,000
Estimated Property Value
$417,734Estimated Mortgage Balance
$53,896Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,922 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,947
$450,000
2025
$79,400
$370,600
$450,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,947
$450,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Fha
$417,734
Yes
First
Jul 13, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$396,104
$53,896
11%
88%
$2,505/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$4,005/mo
$-2,440/mo
4.2%

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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1324 Fitts Pl | Property Details | No Agent List