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$433,000

NAL Estimated Property Value

3110 Thomas Ave Apt 504, Dallas, TX, 75204

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths973 Sq Ft
price_per_sqft$421.38 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringConcrete, Laminate

Exterior

Exterior FeaturesBalcony
Lot Size1.17 acres

Building Information

Year Built1998
Stories2
Roof Type172
Garage Spaces1

Land Information

APN00C01020000000504
Lot Number1A
Subdivision588 Condominiums
Land UseResidential
Legal Description588 CONDOMINIUMS BLK U/588 LT 1A ACS 1.174 UNIT 504 CE%0.005207 INT202400138687 DD07112024 CO-DC 0588 00U 01A00 1DA0588 00U
Census Tract001703
Assessed Land Value$26,590
Assessed Improvement Value$362,610
Assessment Year2025

About this property

Welcome to Urban Loft living in the heart of the highly desirable and vibrant State Thomas Neighborhood. Surrounded by bars, restaurants, workout studios, and shopping, you'll enjoy the most walkable communities in Dallas. This industrial style loft delivers sleek, stained concrete floors, floor to ceiling windows, museum walls, and brick and steel accents. Downstairs living and dining, with oversized master suite on the second floor. Retreat to the balcony for a private evening cocktail overlooking the courtyard. For a more social evening, the building provides a rooftop lounge and sky deck overlooking Griggs Park with unbeatable views of Downtown Dallas. Building amenities include pool, gym, underground parking, and peace of mind. Welcome to your Brooklyn style loft in Uptown Dallas!

Investor Tools

Property Icon
$433,000
Estimated Property Value
$297,405Estimated Mortgage Balance
$135,595Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,598 /month
Positive
Cash Flow Estimate:
$866 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,569
$389,200
2025
$26,590
$362,610
$389,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,569
$389,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$307,500
No
First
Jul 11, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,405
$135,595
31%
69%
$1,844/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$2,144/mo
$-154/mo
5.5%

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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3110 Thomas Ave Apt 504 | Property Details | No Agent List