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$519,000

2520 Melbourne Rd, Carrollton, TX, 75006

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,735 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.76 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,550 sqft

Building Information

Year Built1996
Roof Type105
Garage Spaces2

Land Information

APN141101900E0060000
Lot Number6
SubdivisionWellington Run
Land UseResidential
Legal DescriptionWELLINGTON RUN PH 3 BLK E LT 6 INT201600228075 DD08122016 CO-DC 1101900E00600 2CC1101900E
Census Tract013721
Assessed Land Value$75,000
Assessed Improvement Value$439,230
Assessment Year2026

About this property

More space, a convenient Carrollton location, and a price that leaves room to make it your own! Welcome to 2520 Melbourne Road in Wellington Run, an established neighborhood offering easy access to some of North Dallas's best shopping, dining, and recreation. With 2,735 square feet, three bedrooms, two full baths, and a half bath, this two-story home offers generous living space and plenty of flexibility for everyday living. A fireplace adds warmth and character, while the attached two-car garage and approximately 8,551-square-foot lot provide additional room and practicality. Inside, the home offers a comfortable starting point with the opportunity to introduce your own style and updates over time. Rather than paying a premium for someone else's renovation choices, buyers can make improvements that reflect their own tastes, at their own pace. The asking price has been thoughtfully positioned with that opportunity in mind. Beyond the home, Wellington Run puts you close to the restaurants and entertainment of Addison, nearby parks and trails, Rosemeade Recreation Center and Aquatic Complex, and the shopping and dining options throughout Carrollton. Convenient access to the Dallas North Tollway, President George Bush Turnpike, and I-35E makes getting around the Metroplex easier. If you've been looking for generous square footage, an established neighborhood, and the opportunity to create a home that truly reflects your style, 2520 Melbourne deserves a closer look.

Investor Tools

$244,958Estimated Mortgage Balance
$311,042Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,336 /month
Positive
Cash Flow Estimate:
$1,112 /month

Interested in this property?

Matthew Braun

Merit Homes

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$906/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,091
$514,230
2026
$75,000
$439,230
$514,230
No

Tax History

Year
Tax Paid
Assessed Value
2026
$8,091
$514,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$278,000
No
First
Sep 2, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,958
$311,042
55%
44%
$1,667/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,667/mo
+$653/mo
5.0%

City: Carrollton