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$700,000

509 Elm Street 604, Dallas, TX, 75202

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,522 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$277.56 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Ice Maker, Microwave, Refrigerator
FlooringCeramic Tile, Concrete

About this property

A rare expression of historic Dallas, this fully remodeled West End penthouse pairs authentic loft architecture with the comfort of a private home. Just over 2,500 square feet unfold across two levels, framed by exposed brick, substantial timber beams, soaring ceilings and banks of fully operable casement windows that welcome natural light and fresh air. Polished large-format floors and a dramatic steel staircase introduce a clean, modern counterpoint without diminishing the character that makes the residence so distinctive. The main level is open, expansive and designed to live beautifully. Multiple living areas create room to entertain, work from home or settle into daily life without sacrificing the loft’s impressive volume. The kitchen sits naturally at the center, with modern white cabinetry, oversized island, and smoke colored stainless steel appliances, connecting effortlessly to the living and dining spaces. 3 bedrooms, 3 full baths, and separate office, offer uncommon privacy and flexibility for residents and guests. Above it all, the second-story primary suite feels removed from the energy below. Custom closet built-ins bring thoughtful function, while a private top-floor terrace extends the suite outdoors for an intimate setting for slow mornings, evening cocktails or quiet views across the cityscape. 2 assigned underground parking spaces completes the lock-and-leave experience. Home to only 30 residences, 509 Elm Place offers a boutique alternative to conventional high-rise living in the heart of the West End. Victory Park, Uptown, the Arts District, museums, restaurants and entertainment are all within easy reach, yet the residence itself feels private and serene. Listed on the National Register of Historic Places, the building represents a piece of Dallas architecture that cannot be recreated. For the buyer drawn to thoughtful design, generous space and homes with a genuine story, this space stands apart!

Investor Tools

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$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

Interested in this property?

Beverly Cardenas

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$1,183/month
5.947%

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.

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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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