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$1,103,500

NAL Estimated Property Value

2850 State St, Dallas, TX, 75204

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,244 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$361.28 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Hardwood, Marble, Other

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting, Garden
Lot Size1,464 sqft

Building Information

Year Built1999
Stories3
Roof Type105
Garage Spaces2

Land Information

APN000574000K02A0000
Lot Number2A
SubdivisionDrexler
Land UseResidential
Legal DescriptionDREXLER BLK K/574 LT 2A ACS 0.036 INT202200314168 DD12122022 CO-DC 0574 00K 02A00 3DA0574 00K
Census Tract001705
Assessed Land Value$146,400
Assessed Improvement Value$957,100
Assessment Year2025

About this property

Elegant 4-story townhome in State Thomas with private rooftop deck & breathtaking views of Dallas skyline! Extensively renovated with designer finishes, fixtures & lighting. Multiple living areas ideal for entertaining with open floor plan, kitchen with quartz counters, Sub-zero refrig, Bosch dishwasher, & Viking double ovens. 1st floor office or guest room with ensuite full bath & separate entrance. Sophisticated primary bathroom with rain shower, Roburn medicine cabs, Badeloft tub, & large his & hers custom closets. All the amenities: Elevator, high ceilings, 2 fireplaces, hardwood floors, wood windows, marble, integrated sound system, wet bar with refrig, huge walk-in attic, garage with epoxy floor, workbench & oversized closets. Storage galore! City offers 6 residential parking passes for nominal fee. Walk to Katy Trail, Arts District, Klyde Warren Park, McKinney Ave. Trolley & the finest restaurants in this vibrant, social neighborhood!

Investor Tools

Property Icon
$1,103,500
Estimated Property Value
$0Estimated Mortgage Balance
$1,103,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,032 /month
Positive
Cash Flow Estimate:
$2,344 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,941/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,771
$1,103,500
2025
$146,400
$957,100
$1,103,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,771
$1,103,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,103,500
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$500/mo
+$2,460/mo
3.2%

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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2850 State St | Property Details | No Agent List