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$217,000

NAL Estimated Property Value

333 Melrose Drive 8A, Richardson, TX, 75080

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,161 Sq Ft
price_per_sqft$192.94 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size7.74 acres

Building Information

Year Built1981
Stories2
Roof Type104

Land Information

APN42148000000B00001
SubdivisionRichardson Crossing Condominiums
Land UseResidential
Legal DescriptionRICHARDSON CROSSING CONDOMINIUMS 7.743 ACS. BLDG B UNIT 1 CE .7879% APT 8-A INT202500075925 DD04142025 CO-DC 148000000B000
Census Tract019211
Assessed Land Value$39,870
Assessed Improvement Value$177,130
Assessment Year2025

About this property

Beautiful condo close to UT Dallas with great amenities. This condo is the perfect layout with two primary bedroom with ensuite upstairs. Downstairs a half bath is located just off the living area. Living room is light and bright with large patio door and rustic fireplace. Well appointed kitchen with another patio door for lots of natural light. Stainless steel appliances and crisp white cabinetry. The room just off the kitchen can be a dining area or home office. Convenient laundry area. Outside enjoy the fenced patio area perfect for a small garden or an afternoon in the sun. Community has a pool and clubhouse. Terrific location!

Investor Tools

Property Icon
$217,000
Estimated Property Value
$0Estimated Mortgage Balance
$217,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
$590/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,132
$217,000
2025
$39,870
$177,130
$217,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,132
$217,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$217,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$590/mo
+$1,030/mo
9.0%

City: Richardson

333 Melrose Drive 8A | Property Details | No Agent List