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Days15Days on Market
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$180,000

336 Melrose Dr Apt 21d, Richardson, TX, 75080

On MarketInfo
Beds1 Beds
Baths2 Bath
Baths920 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$195.65 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringVinyl

Exterior

Lot Size5.42 acres

Building Information

Year Built1984
Stories2
Roof Type104
Garage Spaces2

Land Information

APN42148200000R000R4
SubdivisionRichardson Crossroads
Land UseResidential
Legal DescriptionRICHARDSON CROSSROADS PH 1 & 2 RCHDSN CRSNG2 TR 1.1&1.4 5.42ACS BLDG R UNIT R4 CE.0110% APT 21D INT201700244839 DD08282017
Census Tract019211
Assessed Land Value$31,160
Assessed Improvement Value$155,990
Assessment Year2025

About this property

Step inside this gorgeous remodeled condo with easy access to 75! This light & bright 1 bed 1.5 bath loft style condo features numerous upgrades throughout. A renovated kitchen, new LVP flooring throughout, two fireplaces, and a private patio are additional features not to be missed. Also includes private single car garage and access to clubhouse amenities and community pool! Schedule a tour today!

Investor Tools

Property Icon
$199,000
Estimated Property Value
$127,500Estimated Mortgage Balance
$0Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Garrett Lamb

Southern Hills Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,814
$187,150
2025
$31,160
$155,990
$187,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,814
$187,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
Unknown
$127,500
No
First
Apr 10, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,264
N/A
0%
128%
$1,530/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,895/mo
$-525/mo
8.3%

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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