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$517,750

NAL Estimated Property Value

15875 Spectrum Drive 1103, Addison, TX, 75001

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,853 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$236.91 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting
Lot Size1.53 acres

Building Information

Year Built2018
Stories1
Roof Type106
Garage Spaces2

Land Information

APN10C00500000500203
Lot Number1,1&2
SubdivisionMeridian Square Condominiums
Land UseResidential
Legal DescriptionMERIDIAN SQUARE CONDOMINIUMS BLK A LT 1&2&BLK D LT 1 AC 1.533 BLDG 5 UNIT 203 CE%1.52020 INT202500019941 DD01312025 CO-DC
Census Tract013628
Assessed Land Value$18,270
Assessed Improvement Value$499,480
Assessment Year2025

About this property

LOCK & LEAVE LIFESTYLE AT ITS' FINEST! ONE-STORY CONDOMINIUM FLATS UNDER CONSTRUCTION BY AWARD WINNING BUILDER! PRIME LOCATION IN THE CENTER OF THE DFW METROPLEX. EASY COMMUTE TO LEGACY WEST IN PLANO OR UPTOWN-DOWNTOWN AREA. 5 MINUTES TO NORTH DALLAS TOLLWAY! MERIDIAN SQUARE OFFERS LOW-MAINTENANCE IN A NATURESQUE URBAN COMMUNITY! WALK TO PARKS, DINING & OUTDOOR EVENTS OF ADDISON CIRCLE!! INCOMPARABLE QUALITY! MODERN DESIGNER COLOR SELECTIONS, WOOD FLOORING, SS APPLIANCES, SOLID CORE DOORS, QUARTZ COUNTERTOPS & MUCH MORE! THIS IS AN OPPORTUNITY TO RESERVE AT PRE-SELL PRICING NOW!

Investor Tools

Property Icon
$517,750
Estimated Property Value
$0Estimated Mortgage Balance
$517,750Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,107 /month
Positive
Cash Flow Estimate:
$1,036 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$790/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,888
$517,750
2025
$18,270
$499,480
$517,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,888
$517,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$517,750
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$315/mo
+$1,845/mo
5.0%

City: Addison

15875 Spectrum Drive 1103 | Property Details | No Agent List