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$264,010

NAL Estimated Property Value

333 Melrose Drive 5A, Richardson, TX, 75080

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,397 Sq Ft
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 1981

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Lot Size7.74 acres

Building Information

Year Built1981
Stories2
Roof Type104

Land Information

APN42148000000E00001
SubdivisionRichardson Crossing Condominiums
Land UseResidential
Legal DescriptionRICHARDSON CROSSING CONDOMINIUMS 7.743 ACS. BLDG E UNIT 1 CE .9345% APT 5-A INT202200207398 DD07282022 CO-DC 148000000E000
Census Tract019211
Assessed Land Value$47,300
Assessed Improvement Value$216,710
Assessment Year2025

About this property

Come and see this recently renovated unit with all new flooring and paint throughout. This unit features all kitchen appliances, full size washer and dryer, wood-burning fireplace, Master BR on first floor, small fenced patio area and located close to community pool area in complex. One covered parking included in rent. Tenant pays for electricity only. Close to schools, parks and shopping. We are pet friendly with additional deposit. Because of unit size we ask that pets be 50#'s or less. Carport #6 is the one that goes with this unit.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
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
Yes (2023)

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
Oak Mortgage Group Inc
Conventional
$97,500
No
First
Feb 17, 2015
Mar 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,599
$190,411
72%
28%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
N/A
+$2,040/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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