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$500,000

828 Melrose Drive, Richardson, TX, 75234

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,704 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$293.43 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Disposal
FlooringLuxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Lot Size9,360 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces2

Land Information

APN42078500090150000
Lot Number15
SubdivisionGreenwood Hills
Land UseResidential
Legal DescriptionGREENWOOD HILLS 2 LT 0015 00009 5603740901500 34207850009
Census Tract019216
Assessed Land Value$105,000
Assessed Improvement Value$294,770
Assessment Year2026

About this property

Fully renovated and move-in ready! This beautifully updated single-story Richardson home features an open-concept layout, luxury vinyl plank flooring, designer lighting, and stylish finishes throughout. The spacious kitchen impresses with quartz countertops, a large island with seating, shaker cabinetry, stainless steel appliances, tile backsplash, and abundant storage. An inviting living area with a brick fireplace flows seamlessly into the kitchen and dining spaces. The private primary suite features a spa-inspired bath with dual vanities, quartz counters, freestanding soaking tub, oversized walk-in shower, and designer tile. Generously sized secondary bedrooms and updated baths provide plenty of flexibility. Outside, enjoy a spacious backyard with mature trees, generous lawn space, and an expansive patio beneath a wood pergola, ideal for entertaining, outdoor dining, or relaxing. The original cast-iron plumbing has been replaced with PVC, the roof replaced a year ago and HVAC ~ 3 years. Conveniently located near shopping, dining, parks, and major commuting routes. A thoughtfully renovated Richardson home ready for its next owner!

Investor Tools

$773,762Estimated Mortgage Balance
$430,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Carlos Valeriano-Cuba

Ballmark Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,053
$399,770
2026
$105,000
$294,770
$399,770
No

Tax History

Year
Tax Paid
Assessed Value
2026
$2,053
$399,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trident Realty Investments Llc
Unknown
$388,000
No
First
Aug 19, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$773,762
N/A
0%
180%
$4,654/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,620/mo
$4,654/mo
$-2,034/mo
7.3%

City: Richardson

828 Melrose Drive | Property Details | No Agent List