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$339,000

15815 Spectrum Drive 177, Addison, TX, 75001

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,672 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$202.75 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size6.03 acres

Building Information

Year Built2005
Stories3
Roof Type172
Garage Spaces2

Land Information

APN10C05500002000177
SubdivisionTownhomes Of District A Ph 1-11
Land UseResidential
Legal DescriptionTOWNHOMES OF DISTRICT A PH 1-11 ALL BLKS A,B,D, & E ACS 6.029 BLDG 20 UNIT 177 CE .48% INT202000076197 DD03132020 CO-DC
Census Tract013628
Assessed Land Value$22,690
Assessed Improvement Value$412,030
Assessment Year2025

About this property

Move-in ready Addison condo offering 2 bedrooms, 2 and 1 half bathrooms with a 2 car garage and a small fenced front courtyard! First floor guest suite with en-suite bath. Second floor is an open living and kitchen concept with tons of room! The kitchen is well equipped with granite countertops, full appliance package including refrigerator, under cabinet lighting and walk-in pantry. Spacious balcony off of the living room. Third floor master suite and separate laundry room with full size washer and dryer connections. Beautiful wood floors! Recent paint! Close to dining, entertainment, highways, shopping and much more. Truly a must see!

Investor Tools

Property Icon
$436,000
Estimated Property Value
$0Estimated Mortgage Balance
$172,867Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,616 /month
Positive
Cash Flow Estimate:
$872 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$957/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,304
$434,720
2025
$22,690
$412,030
$434,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,304
$434,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$299,250
No
First
Mar 13, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,133
$172,867
39%
60%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,095/mo
+$65/mo
5.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Addison

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15815 Spectrum Drive 177 | Property Details | No Agent List