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$771,000

NAL Estimated Property Value

511 N Akard St Apt 1503, Dallas, TX, 75201

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,507 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$431.32 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Washer
FlooringWood

Exterior

Lot Size38,889 sqft

Building Information

Year Built1958
Stories1
Roof Type172
Garage Spaces1

Land Information

APN00C09970000001503
Lot Number31
SubdivisionCity Walk At Akard Condo
Land UseResidential
Legal DescriptionCITY WALK AT AKARD CONDO BLK A/230 LTS 1 & 2 ACS 0.893 UNIT 1503 CE%1.678 INT202400002711 DD01042024 CO-DC 0230 000 03100
Census Tract002100
Assessment Year2025

About this property

This unique penthouse property has it all starting with location, private terrace of over 1100 sq ft, distinctive and modern open floorplan, kitchen with Viking gas stove top and Viking electric oven, built in SubZero refrigerator, and large kitchen island, soaring ceilings for displaying your art, and walls of cabinets with storage space within the condo. Rooftop paradise has been landscaped with automatice irrigation system, outoor kitchen with refrigerator and gas grill, lighting and ceiling fans. Penthouse floor’s private elevator takes you from the lobby to the 15th floor without a stop. Magnificent panoramic view of Dallas skyline from this condo. You will have 2 parking spaces, storage area on the terrace behind the waterfall and 24-hour concierge front desk. A true entertainer's haven day or night for lounging or hosting dinner parties. Pet-friendly. Short-term rental friendly. There are two parking spots - one inside and one outside.

Investor Tools

Property Icon
$771,000
Estimated Property Value
$436,034Estimated Mortgage Balance
$334,966Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,626 /month
Positive
Cash Flow Estimate:
$1,542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
$685/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,475
$610,000
2025
N/A
N/A
$610,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,475
$610,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of America
Conventional
$455,250
No
First
Jan 4, 2024
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,034
$334,966
43%
57%
$2,730/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,350/mo
$3,415/mo
$-1,065/mo
3.7%

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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511 N Akard St Apt 1503 | Property Details | No Agent List