Property Description:
Apartments at 500 S Ervay St, Dallas, TX 75201 offers luxury 1- and 2-bedroom apartments in the heart of downtown Dallas, just 0.5 miles (a 3-minute drive or 10-minute walk) from the city center. This historic high-rise blends industrial charm with modern elegance, featuring loft-style flooring, full-sized kitchens, and breathtaking city views. Residents enjoy cutting-edge amenities, a prime location near top Dallas attractions, and easy highway access for unmatched convenience.
Investment Highlights
- 1-Bedroom Apartments: Rent: $2,100 | Annual Revenue: $87,000+ | Monthly Profit: $4,925
- 2-Bedroom Apartments: Rent: $2,200+
- Located in the heart of downtown Dallas
- Easy access to I-30, highways 75 & 35E, and I-45 South to Houston
- Walkable to top Dallas attractions, shopping, and dining
Apartment Features
- Air conditioning & heating
- Dishwasher, refrigerator, washer, and dryer included
- Polished concrete & wood flooring
- Cable & high-speed internet ready
- Walk-in closets
- Loft-style designs with breathtaking city views
Community Amenities
- Business center & clubhouse
- Concierge service
- 24-hour fitness gym
- On-site maintenance
- TV lounge & game room
- Resort-style swimming pool
- Gated community with secure access
- Music room & art studio
- Cinema & entertainment spaces
Nearby Attractions & Distances
- Downtown Dallas: 0.5 miles (3-minute drive or 10-minute walk)
- Dallas World Aquarium: 1 mile (5-minute drive)
- Dallas Museum of Art: 1.2 miles (6-minute drive)
- American Airlines Center (Mavericks & Stars): 1.5 miles (8-minute drive)
- Reunion Tower: 0.8 miles (4-minute drive)
- Deep Ellum Entertainment District: 1.7 miles (7-minute drive)
- Dallas Love Field Airport: 6.5 miles (15-minute drive)
- DFW International Airport: 19 miles (25-minute drive)
Rental Terms & Fees
- Lease Length: 1 Year+
- Security Deposit: TBD based on screening
- Utilities: Not included
- Parking: TBD
- Parking $170
- Deposit 1 to 2 month's rent based on credit screening