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Home / Dallas Area Apartments / Richardson / 505 Melrose Dr
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Updated 9 hours ago

505 Melrose Dr


Richardson, TX

3 Bed
•
2 Bath

1,467 Sq. Ft.

Available Now
Floor plans
3 Beds • 2 Bath
$2,600
1467 ft2
1 Available
Managed By: Locayt
3 BR, 2 BA in Northrich
$2,600
Available Now
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505 Melrose Dr
505 Melrose Dr
505 Melrose Dr
Property details
Additional Details
Total Unit Count: 1
Last Updated: Updated 9 hours ago
Contact Number: (818) 301-0298
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 505 Melrose Dr by bedroom type below.
3 Bedroom
Suggested income:
$93,600
per year
Rent report

505 Melrose Dr Rent vs. Richardson Average

 505 Melrose Dr      Richardson Average
3BR
$2,600
$2,330
$0
$850
$1,700
$2,550
$3,400

505 Melrose Dr is asking 12% more than the average 3 bedroom apartment in Richardson.

If you upsized to an average priced Richardson 4 bedroom apartment, you would pay 15% more per month.

If you downsized to an average priced Richardson 2 bedroom apartment, you would pay 36% less per month.

505 Melrose Dr provides 2% less square footage than the average Richardson 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
505 Melrose Dr
3BR $2,600 $1.80 $7,800
Richardson Average
Studio $1,238 $1.90 $3,713
1BR $1,373 $1.80 $4,119
2BR $1,716 $1.50 $5,147
3BR $2,330 $1.60 $6,990
4BR $2,749 $1.20 $8,246

Availability in Richardson

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 498 1BR units on the market in Richardson. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
5% 46% 39% 8% 1%
Available Units in Richardson
Studio 55
1BR 498
2BR 423
3BR 81
4BR 11
Location
Nearby Colleges

University of Texas at Dallas

Richland College

Brookhaven College

Southern Methodist University

Campus Buildings and Attractions
Distance Walking Biking Driving
Activity Center 1.8 mi 37 min 11 min 4 min
Jindal School of Management 1.9 mi 40 min 13 min 3 min
McDermott Library 2.0 mi 38 min 13 min 5 min
Student Union 2.1 mi 40 min 15 min 5 min
Nearby Hospitals
Name Distance
Vibra Hospital Of Richardson 0.57 mi.
Methodist Richardson Medical Center 0.6 mi.
Encompass Health Rehabilitation Hospital Richardson 2.3 mi.
Nearby Fire Stations
Name Distance
Richardson Fire Department 1.32 mi.
Richardson Fire Department 3.48 mi.
The Shelburn Fire/ Rescue Department, Inc. 3.94 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,467 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
505 Melrose Dr has a 3 bedroom unit starting at $2,600.
Where is this property located?
This property is at 505 Melrose Dr in Richardson, TX. It's 2.2 miles northwest from the center of Richardson.
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