445 Melrose Drive
Richardson, TX 75080
- 3 beds
- 2 baths
- 1,425 sqft
- 10,018 sqft lot
- $326 per sqft
- 1962 build
- – on site
Welcome to this beautifully renovated 3 bed, 2 bath home—completely taken down to the studs in 2022 and rebuilt with luxury in mind. Every detail was thoughtfully designed with custom touches and hand-picked finishes throughout. You’ll love the open, reconfigured layout, all-new plumbing and electrical, tankless water heater, brand-new HVAC, and updated windows. Stylish new flooring, fresh paint inside and out, and a custom fireplace make the space feel both elevated and inviting. A new fence adds privacy and curb appeal. Located in the highly sought-after Richardson ISD and just minutes from restaurants, shops, and major highways—this home blends comfort, convenience, and style. Currently a successful Airbnb generating $60K annually, it’s a strong income-producing property and can be sold fully furnished. Whether you’re looking for a smart investment or a place to call home, this one has it all.
Last checked:
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Last updated May 19, 2025
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MLS# 20941113 —
The Building
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Year Built:1962
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Architectural Style:Traditional
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Structural Style:Single Detached
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Accessibility Features:No
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Roof:Composition
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Basement:No
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Foundation Details:Slab
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Levels:One
Interior
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Interior Features:Chandelier, Decorative Lighting, Eat-in Kitchen, Granite Counters, Open Floorplan
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Flooring:Luxury Vinyl Plank, Tile
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Fireplaces Total:1
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Fireplace Features:Electric, Stone
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Laundry Features:Full Size W/D Area
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# of Dining Areas:1
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# of Living Areas:1
Room Dimensions
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Living Area:1425.00
Location
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Directions:From W Arapaho Rd - N on Custer Rd - E on Melrose Rd - House is on the corner lots of Melrose on the (R)ight side
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Latitude:32.96917700
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Longitude:-96.73403800
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:No
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Parcel Number:42121500060010000
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size SqFt:10018.8000
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Lot Size Acres:0.2300
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Lot Size Area:0.2300
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Lot Size Units:Acres
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Easements:Other
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Restrictions:Deed, Other
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Exclusions:Washer, Dryer, Fridge - negotiable
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Fencing:Wood
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:1
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Tax Block:6
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Tax Legal Description:NORTHWAY ACRES 2 LT 0001
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.00
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20941113
Heating & Cooling
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Cooling:Central Air
Utilities
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Utilities:City Sewer, City Water
Appliances
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Appliances:Dishwasher, Disposal, Gas Range, Plumbed For Gas in Kitchen, Tankless Water Heater
Schools
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School District:Richardson ISD
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Elementary School:Northrich
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Elementary School Name:Northrich
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Jr High School Name:Richardson North
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High School Name:Pearce
The Community
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Subdivision Name:Northway Acres 02
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Pool:No
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Association Type:None
Parking
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Garage:Yes
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Attached Garage:Yes
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Garage Spaces:2
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Covered Spaces:2
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Parking Features:On Street, Outside
Monthly cost estimate
Asking price
$465,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,489
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| Taxes | N/A |
| Insurance | $127 |
| Utilities | $163 See report |
| Total | $2,779/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
