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$571,270

NAL Estimated Property Value

5024 Meridian Ln, Addison, TX, 75001

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,276 Sq Ft
price_per_sqft$257.03 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,166 sqft

Building Information

Year Built2011
Stories3
Roof Type105
Garage Spaces2

Land Information

APN100056400C0240000
SubdivisionMeridian Square
Land UseResidential
Legal DescriptionMERIDIAN SQUARE BLK C LT 24 INT202300059547 DD03272023 CO-DC 0056400C02400 3CA0056400C
Census Tract013628
Assessment Year2025

About this property

Enjoy living in this luxurious, well-maintained townhome that’s an easy 2-minute walk to Addison Circle. The home offers quality finishes & open concept design - perfect for entertaining. The downstairs bedroom with en suite bath & French doors makes a great office. The open concept design features a gourmet kitchen with island, granite counters, stylish backsplash, stainless appliances, a wet bar & flows into the dining & living areas. You’ll love the beautiful, rich hardwoods - they’re real & they’re spectacular! The primary suite has an awesome bath with separate tub & shower, dual sinks & spacious walk-in closet. Even bedroom 3 has its own en suite bath. Amenities include: 2-car attached garage, accent lighting, front porch, rear balcony off the kitchen, wet bar, Community pool is across the lane. Low HOA dues are a plus! Don’t miss this opportunity to call 5025 Meridian Lane, home.

Investor Tools

Property Icon
$571,270
Estimated Property Value
$463,950Estimated Mortgage Balance
$107,320Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,259/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,254
$571,270
2025
N/A
N/A
$571,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,254
$571,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$485,000
No
First
Mar 27, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$463,950
$107,320
18%
81%
$2,831/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$2,996/mo
$-276/mo
5.7%

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.

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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: Addison

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5024 Meridian Ln | Property Details | No Agent List