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$567,000

NAL Estimated Property Value

2220 Canton St # A-509, Dallas, TX, 75201

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,657 Sq Ft
price_per_sqft$331.93 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringConcrete, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size41,774 sqft

Building Information

Year Built1925
Stories1
Roof Type172
Garage Spaces1

Land Information

APN00C23700000000509
Subdivision2220 Canton Loft Condominiums
Land UseResidential
Legal Description2220 CANTON LOFT CONDOMINIUMS PT BLKS 7/153,6/154& PT ALLEY&ST ACS 0.959 UNIT 509 & CE 2.092% INT202400209414 DD10152024
Census Tract020402
Assessed Land Value$83,020
Assessed Improvement Value$438,940
Assessment Year2025

About this property

Chic & Modern, this 1 bedroom, 2 full bath Condo is housed in this historic Dallas landmark, 2220 Canton! Fully renovated loft space overlooking Downtown Dallas. Features include 16' Ceilings, polished concrete floors, office loft space, a large closet, and ample storage. The Kitchen features an island, quartz counters, electric SS appliances, and a pantry. The primary features a large soaking tub, separate shower, and double-vanity. The Rooftop deck offers a pool, spa, and 360-degree city views. First floor gym. Walking distance to Farmer's Market, Downtown, and Deep Ellum. Please reach out for links to the articles, and videos of property and neighborhood. Appliances and some furniture are negotiable. Schedule your Showing today!...

Investor Tools

Property Icon
$567,000
Estimated Property Value
$480,063Estimated Mortgage Balance
$86,937Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,402 /month
Positive
Cash Flow Estimate:
$1,134 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$864/month
$980/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,538
$521,960
2025
$83,020
$438,940
$521,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,538
$521,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Security Bank
Conventional
$494,000
No
First
Oct 15, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$480,063
$86,937
15%
85%
$2,962/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$3,942/mo
$-1,952/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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2220 Canton St # A-509 | Property Details | No Agent List