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$500,000

Listing Price

3beds

2baths

1,467sqft

8,168sqft lot

505 Melrose Dr, Richardson, TX 75080

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

340.83

Price / sqft

1961

Year built

Home Details

Lease or owner-finance to purchase! Updated 3-bedroom, 2-bath home in highly sought-after Richardson ISD, set on a beautiful park-like lot. The flexible formal dining space can be used as a multi-purpose room or home office. The updated kitchen offers abundant cabinet storage, a gas cooktop, stainless steel refrigerator, and opens to the family room with a cozy wood-burning fireplace. Updates throughout include flooring, kitchen, and appliances. Move-in ready and a must-see!

Interior Details

Square Feet
  • 1467

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 8168

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Brick Veneer

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$6,430

$70,000

$169,030

--%

$239,030

2019

$6,430

$70,000

$169,030

--%

$239,030

2018

$5,785

$50,000

$156,490

--%

$206,490

2017

$4,825

$45,000

$135,580

--%

$180,580

2016

$3,937

$34,000

$113,480

--%

$147,480

2014

$3,563

$34,000

$101,540

--%

$135,540

2013

$3,534

$34,000

$100,940

--%

$134,940

percent-home-icon

Average Home Price in 75080

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$348,231

3 Beds

2 Baths

1,440 Sqft

7,327 Lot (sqft)

Sold 07/28/2026

$410,039

3 Beds

2 Baths

1,332 Sqft

9,737 Lot (sqft)

Sold 10/05/2026

$451,645

3 Beds

2 Baths

1,372 Sqft

8,141 Lot (sqft)

Sold 10/05/2026

$500,000

3 Beds

2 Baths

1,467 Sqft

8,168 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
500,000
$
Down payment
100,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,000
$
HOA (Monthly)
0
$
PMI
0
$
$3,237
Your Payment
Total Monthly Payment:$3,237
Percent of Income:55%
Affordable:No

Details for 505 MELROSE DR

Property Debt

Foreclosure Contact Details