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$644,000

NAL Estimated Property Value

511 N Akard St Apt 1505, Dallas, TX, 75201

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,875 Sq Ft
price_per_sqft$346.67 / 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
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Wine Cooler
FlooringConcrete

Exterior

Lot Size38,889 sqft

Building Information

Year Built1958
Stories1
Roof Type172
Garage Spaces1

Land Information

APN00C09970000001505
Lot Number1-2
SubdivisionCity Walk At Akard Condo
Land UseResidential
Legal DescriptionCITY WALK AT AKARD CONDO BLK A/230 LTS 1 & 2 ACS 0.893 UNIT 1505 CE%1.678 INT201800339088 DD12282018 CO-DC 0230 000 03100
Census Tract002100
Assessed Land Value$71,780
Assessed Improvement Value$502,110
Assessment Year2025

About this property

Experience urban living at its finest in this sophisticated 2-story residence housed in Downtown Dallas' historic 1958 mixed use CityWalk building. Featuring 2 bedrooms, 3baths and floor to ceiling windows looking out on Dallas' iconic skyline. Artfully designed, this open concept PH unit features polished concrete floors, custom ceiling treatments, built-in bookcase and a true chef's kitchen with granite and concrete countertops, built in wine fridge and Viking Professional appliances. The custom built-ins offer extra storage. Step inside a large foyer offering versatility downstairs where you find both the primary bedroom with its luxurious spa inspired ensuite bath and bedroom 2 with full bath. Ascend the spiral staircase that connects to the main living space designed for intimate gatherings where you can bask in the captivating views from the 500sqft private terrace. The low HOA fee and views make this stunning downtown condo a true winner. Nestled in the heart of downtown, with a walking score of 92, you are within a 5min walk to Dallas' Arts District, Klyde Warren Park, AT&T Discovery District and Pacific Plaza, as well as Berkley's Market, Ari's Pantry, Tom Thumb and over 200 restaurants and bars.

Investor Tools

Property Icon
$644,000
Estimated Property Value
$298,338Estimated Mortgage Balance
$345,662Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,337/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,827
$573,890
2025
$71,780
$502,110
$573,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,827
$573,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$340,000
No
First
Feb 27, 2020
Mar 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,338
$318,662
51%
46%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,350/mo
$2,739/mo
$-389/mo
4.4%

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 1505 | Property Details | No Agent List