$445,000
●
Condo -
Off Market
15875 Spectrum Drive #3105
Addison, TX 75001
3 Beds
2 Baths,
1
Half Bath
1,754 Ft²
$504,776
RealtyHop Estimate
13.43%
Since Oct 1, 2021
TX-Dallas
Primary Model
About This Property
LOCK & LEAVE LIFESTYLE AT ITS' FINEST! ONE-STORY CONDOMINIUM FLATS
UNDER CONSTRUCTION BY AWARD WINNING BUILDER!
PRIME LOCATION IN THE CENTER OF THE DFW METROPLEX. EASY COMMUTE TO LEGACY WEST IN PLANO OR UPTOWN-DOWNTOWN AREA. 5 MINUTES TO NORTH DALLAS TOLLWAY!
MERIDIAN SQUARE OFFERS LOW-MAINTENANCE IN A NATURESQUE URBAN COMMUNITY! WALK TO PARKS, DINING & OUTDOOR EVENTS OF ADDISON CIRCLE!!
INCOMPARABLE QUALITY! MODERN DESIGNER COLOR SELECTIONS, WOOD FLOORING, SS APPLIANCES, SOLID CORE DOORS, QUARTZ COUNTERTOPS & MUCH MORE! THIS IS AN OPPORTUNITY TO RESERVE AT PRE-SELL PRICING NOW!
PRIME LOCATION IN THE CENTER OF THE DFW METROPLEX. EASY COMMUTE TO LEGACY WEST IN PLANO OR UPTOWN-DOWNTOWN AREA. 5 MINUTES TO NORTH DALLAS TOLLWAY!
MERIDIAN SQUARE OFFERS LOW-MAINTENANCE IN A NATURESQUE URBAN COMMUNITY! WALK TO PARKS, DINING & OUTDOOR EVENTS OF ADDISON CIRCLE!!
INCOMPARABLE QUALITY! MODERN DESIGNER COLOR SELECTIONS, WOOD FLOORING, SS APPLIANCES, SOLID CORE DOORS, QUARTZ COUNTERTOPS & MUCH MORE! THIS IS AN OPPORTUNITY TO RESERVE AT PRE-SELL PRICING NOW!
Unit Size
1,754 Ft²
Days on Market
-
Land Size
-
Price per sqft
$254
Property Type
Condo
Property Taxes
-
HOA Dues
$298
Year Built
-
Payment Calculator
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%
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (NTREIS #14510942)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jan 31, 2021 | Listed by Cindy McCarty & Associates | $445,000 | |
| Listed by Cindy McCarty & Associates | |||
| | |||
|
LOCK & LEAVE LIFESTYLE AT ITS' FINEST! ONE-STORY CONDOMINIUM FLATS UNDER CONSTRUCTION BY AWARD WINNING BUILDER!
PRIME LOCATION IN THE CENTER OF THE DFW METROPLEX. EASY COMMUTE TO LEGACY WEST IN PLANO OR UPTOWN-DOWNTOWN AREA. 5 MINUTES TO NORTH DALLAS TOLLWAY!
MERIDIAN SQUARE OFFERS LOW-MAINTENANCE IN A NATURESQUE URBAN COMMUNITY! WALK TO PARKS, DINING & OUTDOOR EVENTS OF ADDISON CIRCLE!!
INCOMPARABLE QUALITY! MODERN DESIGNER COLOR SELECTIONS, WOOD FLOORING, SS APPLIANCES, SOLID CORE DOORS, QUARTZ COUNTERTOPS & MUCH MORE! THIS IS AN OPPORTUNITY TO RESERVE AT PRE-SELL PRICING NOW!
| |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Common, Underground
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available, Sound System Wiring
Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Electric Water Heater, Plumbed For Gas in Kitchen
Flooring Type: Carpet, Ceramic Tile, Wood
Exterior Details
Square Footage: 1754
Security Features: Fire Alarm, Firewall(s), Fire Sprinkler System, Security System Owned, Smoke Detector(s), Burglar
Architectural Style: Traditional, Contemporary/Modern
Year Built: 2021
Building Area Total: 1754
Levels: One
Construction Materials: Brick, Stucco, Rock/Stone
Patio and Porch Features: Covered
Pool Features: Gunite, In Ground
Pool is Private
Lot Size Units: Acres
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Zoned
Heating Type: Central, Electric, Zoned
Location Details
HOA/Condo/Coop Fee Includes: Gas, Insurance, Maintenance Structure, Management Fees
HOA Fee: $298
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/21/2025
|
2 Bed
|
2 Bath
|
1593 ft²
|
$495,000
2 Bed
2 Bath
1593 ft²
|
-
-
|
Kelly Thompson
Ebby Halliday, REALTORS
| |
|
09/06/2024
|
3 Bed
|
-
|
1853 ft²
|
$510,000
3 Bed
-
1853 ft²
|
$475,000
-6.86%
01/31/2025
|
Mindy Farris
Keller Williams Central
| |
|
09/23/2023
|
3 Bed
|
1 Bath
|
1754 ft²
|
$560,000
3 Bed
1 Bath
1754 ft²
|
$545,000
-2.68%
11/15/2023
|
Debora Harms
SunVista Texas, LLC
| |
|
12/19/2022
|
3 Bed
|
1 Bath
|
1837 ft²
|
$598,000
3 Bed
1 Bath
1837 ft²
|
$575,000
-3.85%
02/16/2023
|
Jennifer Whitehead
Monument Realty
| |
|
09/14/2022
|
3 Bed
|
1 Bath
|
1754 ft²
|
$545,000
3 Bed
1 Bath
1754 ft²
|
$540,000
-0.92%
03/10/2023
|
Jennifer Whitehead
Monument Realty
| |
|
07/10/2022
|
3 Bed
|
1 Bath
|
1842 ft²
|
$559,000
3 Bed
1 Bath
1842 ft²
|
$567,000
+1.43%
08/15/2022
|
Laura Heatherly
Monument Realty
| |
|
06/03/2022
|
3 Bed
|
1 Bath
|
1837 ft²
|
$500,000
3 Bed
1 Bath
1837 ft²
|
$500,000
07/01/2022
|
Lori Ericsson
David Griffin & Company
| |
|
07/23/2021
|
3 Bed
|
1 Bath
|
1863 ft²
|
$475,000
3 Bed
1 Bath
1863 ft²
|
$475,000
09/13/2021
|
Michelle Unwin
Ebby Halliday, REALTORS
| |
|
05/16/2021
|
3 Bed
|
2 Bath
|
1837 ft²
|
$469,000
3 Bed
2 Bath
1837 ft²
|
$469,000
09/02/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
04/12/2021
|
3 Bed
|
2 Bath
|
1837 ft²
|
$439,000
3 Bed
2 Bath
1837 ft²
|
$439,000
09/08/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
04/12/2021
|
3 Bed
|
-
|
1853 ft²
|
$469,000
3 Bed
-
1853 ft²
|
$469,000
09/15/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
04/08/2021
|
3 Bed
|
3 Bath
|
1754 ft²
|
$460,000
3 Bed
3 Bath
1754 ft²
|
$460,000
09/17/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
04/02/2021
|
3 Bed
|
1 Bath
|
1842 ft²
|
$449,000
3 Bed
1 Bath
1842 ft²
|
$449,000
09/17/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
03/03/2021
|
3 Bed
|
1 Bath
|
1837 ft²
|
$469,000
3 Bed
1 Bath
1837 ft²
|
$474,453
+1.16%
08/27/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
02/01/2021
|
2 Bed
|
-
|
1593 ft²
|
$404,000
2 Bed
-
1593 ft²
|
$404,000
09/02/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
01/31/2021
|
3 Bed
|
-
|
1853 ft²
|
$439,000
3 Bed
-
1853 ft²
|
$439,000
07/19/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
01/31/2021
|
3 Bed
|
1 Bath
|
1754 ft²
|
$445,000
3 Bed
1 Bath
1754 ft²
|
$445,000
09/03/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
01/18/2021
|
3 Bed
|
2 Bath
|
1863 ft²
|
$455,000
3 Bed
2 Bath
1863 ft²
|
$455,000
08/31/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
01/10/2021
|
2 Bed
|
-
|
1593 ft²
|
$395,000
2 Bed
-
1593 ft²
|
$395,000
09/03/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
11/16/2020
|
3 Bed
|
1 Bath
|
1842 ft²
|
$469,000
3 Bed
1 Bath
1842 ft²
|
$474,949
+1.27%
08/27/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/12/2020
|
3 Bed
|
-
|
1853 ft²
|
$454,380
3 Bed
-
1853 ft²
|
$454,380
07/13/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/07/2020
|
3 Bed
|
2 Bath
|
1754 ft²
|
$440,000
3 Bed
2 Bath
1754 ft²
|
$440,000
09/08/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/07/2020
|
2 Bed
|
2 Bath
|
1593 ft²
|
$385,000
2 Bed
2 Bath
1593 ft²
|
$385,000
07/30/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
09/28/2020
|
3 Bed
|
2 Bath
|
1842 ft²
|
$454,949
3 Bed
2 Bath
1842 ft²
|
$454,949
09/03/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
09/01/2020
|
3 Bed
|
1 Bath
|
1837 ft²
|
$449,000
3 Bed
1 Bath
1837 ft²
|
$465,000
+3.56%
11/15/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
09/01/2020
|
3 Bed
|
1 Bath
|
1842 ft²
|
$469,000
3 Bed
1 Bath
1842 ft²
|
$469,000
08/31/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
09/01/2020
|
3 Bed
|
-
|
1853 ft²
|
$479,000
3 Bed
-
1853 ft²
|
$484,380
+1.12%
08/02/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
08/27/2020
|
2 Bed
|
2 Bath
|
1593 ft²
|
$375,000
2 Bed
2 Bath
1593 ft²
|
$372,474
-0.67%
10/20/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/16/2019
|
3 Bed
|
1 Bath
|
1863 ft²
|
$455,000
3 Bed
1 Bath
1863 ft²
|
$455,000
07/19/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/14/2019
|
3 Bed
|
1 Bath
|
1863 ft²
|
$465,000
3 Bed
1 Bath
1863 ft²
|
$470,469
+1.18%
09/13/2021
|
Cindy McCarty
Realty Executives Corpus Chris
| |
|
10/14/2019
|
3 Bed
|
2 Bath
|
1863 ft²
|
$455,000
3 Bed
2 Bath
1863 ft²
|
$455,000
09/10/2021
|
Cindy McCarty
Realty Executives Corpus Chris
|
Building Info
15875 Spectrum Drive
15875 Spectrum Drive, Addison, TX 75001
- 3 Units for Sale
About Meridian Square
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,450 /mo
- 3 Beds
- 2 Baths
- 1,631 ft²
$2,465 /mo
- 2 Beds
- 2 Baths
- 1,533 ft²
Listed by: Cindy Mccarty, Cindy McCarty & Associates
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14510942
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14510942
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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