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$525,000

NAL Estimated Property Value

5015 Meridian Ln # 3-1102, Addison, TX, 75001

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,635 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$244.65 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1.53 acres

Building Information

Year Built2016
Stories1
Roof Type106
Garage Spaces2

Land Information

APN10C00500000300102
Lot Number1,1&2
SubdivisionMeridian Square Condominiums
Land UseResidential
Legal DescriptionMERIDIAN SQUARE CONDOMINIUMS BLK A LT 1&2&BLK D LT 1 AC 1.533 BLDG 3 UNIT 102 CE 1.34135% INT201900187093 DD07182019 CO-DC
Census Tract013628
Assessed Land Value$16,120
Assessed Improvement Value$490,730
Assessment Year2025

About this property

NEWEST COMPLETED BUILDING AT MERIDIAN SQUARE. LIKE-NEW AND IMMACULATE! This gorgeous condo was completed in Dec 2017. PREMIUM POOL VIEW LOCATION. Seller added numerous upgrades including Wood floors throughout, Overhead Rainmaker showers, Unique upgraded light fixtures in kitchen, dining & living room. LED Backlit mirrors, comfort fit toilets. Far surpasses the standard builder finishes! Terrace for outdoor living. Perfect for entertaining and watching Kaboom town fireworks on the 4th! Fabulous master suite has a spa-like bath with separate tub and walk-in shower. 2nd bedroom is an ensuite for guests! Relax by the pool or walk to dining & numerous outdoor events, parks, live theatre! 5 min to Tollway!

Investor Tools

Property Icon
$525,000
Estimated Property Value
$0Estimated Mortgage Balance
$525,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$661/month
$278/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,313
$506,850
2025
$16,120
$490,730
$506,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,313
$506,850

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$525,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$278/mo
+$2,442/mo
6.2%

City: Addison

5015 Meridian Ln # 3-1102 | Property Details | No Agent List