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$206,510

NAL Estimated Property Value

1505 Elm Street 501, Dallas, TX, 75201

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths2 Bath
Baths1,059 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.84 / sqft
Year BuiltBuilt in 1957

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit
Lot Size10,000 sqft

Building Information

Year Built1957
Stories1
Roof Type172
Garage Spaces1

Land Information

APN00C18160000000501
Lot Number21-22
Subdivision1505 Elm Street Condominiums
Land UseResidential
Legal Description1505 ELM STREET CONDOMINIUMS BLK 75 LTS 21 & 22 UNIT 501 CE% 1.007 INT202200236388 DD08312022 CO-DC 0075 000 021 1000075 000
Census Tract003103
Assessed Land Value$9,570
Assessed Improvement Value$196,940
Assessment Year2025

About this property

Luxury high rise living in the heart of downtown! Enjoy an open living and dining space with an eat in kitchen, granite countertops and stainless steel appliances. The master features a large en-suite with ceramic tile, large jetted tub and walk-in closet. Ample storage available to include a 115 square foot bonus space directly across the hall from the unit. Amenities include 24 hour front desk concierge, valet parking, fitness center, theatre, club room, library, wine cellar, roof top deck with pool and more! Excellent walkability to the Arts District, Majestic Theatre, Neiman Marcus and a host of excellent dining and entertainment.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,616
$206,510
2025
$9,570
$196,940
$206,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,616
$206,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$204,250
No
First
Aug 31, 2022
Sep 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,988
$16,522
8%
92%
$1,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,350/mo
$1,225/mo
+$1,125/mo
13.7%

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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1505 Elm Street 501 | Property Details | No Agent List