$209,460
NAL Estimated Property Value333 Melrose Drive 6A, Richardson, TX, 75080
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size7.74 acres
Building Information
Year Built1981
Stories2
Roof Type104
Land Information
APN42148000000D00001
SubdivisionRichardson Crossing Condominiums
Land UseResidential
Legal DescriptionRICHARDSON CROSSING CONDOMINIUMS 7.743 ACS. BLDG D UNIT 1 CE .7017% APT 6-A INT202300039359 DD02282023 CO-DC 148000000D000
Census Tract019211
Assessed Land Value$35,520
Assessed Improvement Value$173,940
Assessment Year2025
About this property
Gorgeous 2 BR 1.5 BA condominium located in Richardson's Richardson Crossing community*Incredible location and ideal investment opportunity*5 minutes to UTD and 10 minutes to Baylor Scott and White Hospital in Plano*Granite counters in the kitchen and bathroom areas and 2023 stainless steel appliances*Low maintenance backyard*Condo association takes care of all exterior and water as a bonus! Richardson Crossing Complex will receive new roof in April 2023!
Investor Tools
$209,460
Estimated Property Value
$0Estimated Mortgage Balance
$209,460Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,319 /month
Positive
Cash Flow Estimate:
$440 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
$526/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,441
$209,460
2025
$35,520
$173,940
$209,460
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,441
$209,460
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$209,460
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$526/mo
+$1,094/mo
9.3%
