$240,990
NAL Estimated Property Value333 Melrose Drive 24C, Richardson, TX, 75080
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size7.74 acres
Building Information
Year Built1981
Stories2
Roof Type104
Land Information
APN42148000000Q00004
SubdivisionRichardson Crossing Condominiums
Land UseResidential
Legal DescriptionRICHARDSON CROSSING CONDOMINIUMS 7.743 ACS BLDG Q UNIT 4 CE .7879% APT 24-C INT202100328793 DD10292021 CO-DC 148000000Q000
Census Tract019211
Assessed Land Value$39,870
Assessed Improvement Value$201,120
Assessment Year2025
About this property
Updated Mediterranean style 2 story unit in desirable Richardson Crossing condominiums conveniently located near Hwy 75 and minutes from Dallas. Great floor plan offers spacious living room, dining area, half bath and full size washer-dryer area downstairs and 2 spacious bedrooms with en suit updated bathrooms upstairs, small private patio. Nicely maintained complex with club house and pool. Updated AC and water heater. Matterport virtual walkthrough tour available under media.
Investor Tools
$240,990
Estimated Property Value
$0Estimated Mortgage Balance
$240,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
$299/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,132
$240,990
2025
$39,870
$201,120
$240,990
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,132
$240,990
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$240,990
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$299/mo
+$1,321/mo
8.1%
