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Days48Days on Market
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$250,000

333 Melrose Drive 22D, Richardson, TX, 75080

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,377 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$181.55 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
FlooringCarpet, Luxury Vinyl Plank, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Rain Gutters
Lot Size7.74 acres

Building Information

Year Built1981
Stories2
Roof Type104

Land Information

APN42148000000S00003
SubdivisionRichardson Crossing Condominiums
Land UseResidential
Legal DescriptionRICHARDSON CROSSING CONDOMINIUMS 7.743 ACS. BLDG S UNIT 3 CE .9345% APT 22-D VOL2003130/1980 DD06102003 CO-DC 148000000S000
Census Tract019211
Assessed Land Value$47,300
Assessed Improvement Value$216,710
Assessment Year2025

About this property

BEAT THE BANKS! COMPETATIVE SELLER FINANCING COULD MEAN LOWER INTEREST RATE AND LOWER MONTHLY PAYMENTS. ASK AGENT FOR DETAILS. OPEN HOUSE THIS WEEKEND JUNE 13TH 2PM TO 4PM. Incredible turnkey, bottom floor, 2 story, corner condo unit in the well-kept and clean Richardson Crossing Condo Complex. This 3 bed, 2 full bath condo has it's own covered parking space and it's very own fenced yard area. Unit 22D upgrades and features include a wood burning fireplace with vaulted ceiling, luxury vinyl plank flooring downstairs, brand new carpet upstairs, fresh paint throughout, rare dual sink vanities in the downstairs primary suite, and a walk-in shower with pebble-stone tile. Two more big bedrooms and a full bathroom are upstairs. Other features include quartz countertops, wet bar, washer and dryer, sliding glass door to your own private patio, and an outdoor storage closet. Richardson Crossing Condo's have a great community pool, and they just installed new roofs on the units in 2023. New dishwasher 2026. New refrigerator, washing machine, stove, and microwave in 2024. Attractive owner financing option available to qualified buyers! ASK ABOUT OUR SELLER FINANCING OPTION FOR A POTENTIALLY MUCH BETTER INTEREST RATE!

Investor Tools

$0Estimated Mortgage Balance
$264,010Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,584 /month
Positive
Cash Flow Estimate:
$528 /month

Interested in this property?

Jeron Howell

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
$707/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,409
$264,010
2025
$47,300
$216,710
$264,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,409
$264,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
World Svgs Bank Fsb
Stand Alone First / Home Equity First Lien
$88,512
No
First
N/A
Jun 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$264,010
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$707/mo
+$1,333/mo
9.3%

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: Richardson

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