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$569,470

NAL Estimated Property Value

15875 Spectrum Drive 2101, Addison, TX, 75001

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,837 Sq Ft
price_per_sqft$244.42 / 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, 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

APN10C00500000500301
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 301 CE%1.50707 INT202100348779 DD11152021 CO-DC
Census Tract013628
Assessed Land Value$18,110
Assessed Improvement Value$551,360
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. DEADLINE TO SUBMIT AN OFFER IS 12 PM, TUESDAY OCTOBER 12TH! 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
$569,470
Estimated Property Value
$404,161Estimated Mortgage Balance
$165,309Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,417 /month
Positive
Cash Flow Estimate:
$1,139 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,220/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,794
$569,470
2025
$18,110
$551,360
$569,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,794
$569,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$441,750
No
First
Nov 15, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,161
$165,309
29%
71%
$2,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,964/mo
$-804/mo
4.6%

City: Addison

15875 Spectrum Drive 2101 | Property Details | No Agent List