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$319,900

1412 Metropolitan Avenue Unit 203, Dallas, TX, 75215

$415,870 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,463 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$218.66 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringLuxury Vinyl Plank

Exterior

Lot Size14,661 sqft

Building Information

Year Built1930
Roof Type105
Garage Spaces2

Land Information

APN00000143947000000
Lot Number15-16
SubdivisionLoomis South Ridge
Land UseResidential
Legal DescriptionLOOMIS SOUTH RIDGE BLK A/1207 LTS 15 & 16 METROPOLITAN AND ALLEY INT202500048061 DD03062025 CO-DC 1207 00A 01500 1DA1207 00A
Census Tract020900
Assessed Land Value$175,930
Assessed Improvement Value$113,120
Assessment Year2026

About this property

UP TO $7,500 IN CLOSING COST ASSISTANCE PLUS ADDITIONAL HOMEBUYER INCENTIVES AVAILABLE! NEW CONSTRUCTION STARTING AT $319,900! Welcome to The Eight at Metropolitan, an exclusive collection of eight newly constructed, two-story condos offering modern design, flexible living spaces, and an incredible opportunity for homeownership in Dallas! Step inside to discover warm wood flooring, abundant natural light, and an open-concept layout designed for comfortable living and entertaining. The first floor features a private guest suite just off the attached two-car garage, ideal for visitors, a home office, or multigenerational living. The main level features a spacious living area with a stunning 60-inch electric fireplace and a beautifully designed kitchen with an oversized quartz island, stainless steel appliances, modern pendant lighting, and a walk-in pantry with a built-in desk nook. The primary suite offers a generous walk-in closet and spa-inspired bathroom with a glass-enclosed shower. OPTIONAL $4,000 FIRST-FLOOR KITCHENETTE with stovetop and microwave, offering additional flexibility for guests or multigenerational living! MORE WAYS TO MAKE HOMEOWNERSHIP POSSIBLE! The property qualifies for Prosperity Bank's Homebuyer Grant Program, offering eligible buyers UP TO $7,500 TOWARD CLOSING COSTS AND PREPAID EXPENSES with qualifying FHA or VA financing. Additional financing opportunities may be available for first-time buyers, educators, healthcare workers, first responders, veterans, and other qualified purchasers. Conveniently located minutes from Downtown Dallas, the Dallas Zoo, William Blair Jr. Park, dining, entertainment, and major employment centers.

Investor Tools

$0Estimated Mortgage Balance
$2,717,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$415,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,302 /month
Positive
Cash Flow Estimate:
$5,434 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,551/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,026
$289,050
2026
$175,930
$113,120
$289,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,026
$289,050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,717,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$250/mo
+$2,322/mo
1.1%

City: Dallas

1412 Metropolitan Avenue Unit 203 | Property Details | No Agent List