About 429 Melrose Drive
**Beautifully updated short-term rental with strong booking history (financials available upon request)** Perfectly located near Hwy 75, PGBT, and UTD, this turnkey home blends modern style with eclectic charm and is full of possibility. Add this profitable STR to your portfolio, or make it your primary residence with the flexibility to convert it back to passive income in the future. The spacious primary suite features a sitting area plus a beautifully updated ensuite with designer tilework. The open living and dining areas separate the primary from three additional bedrooms and updated baths, creating an ideal layout for everyday living or hosting. The bright kitchen includes soft-close shaker cabinets, Meganite and butcher block countertops, luxury wallpaper accents, and a walk-in pantry & laundry combo behind a pocket door. Enjoy the large backyard perfect for entertaining with new landscaping, a pergola and seating area, grill, above-ground pool, putting green, and storage shed. Located in award-winning Richardson ISD with excellent convenience — a rare find at this price point. **Financial reports for STR revenue available upon request!**
Status Change History
| Date | Details | Status |
|---|---|---|
| Apr 21, 2026 | Status Changed from Pending to Closed | Closed |
| Apr 8, 2026 | Status Changed from Active Under Contract to Pending | Pending |
| Mar 30, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Features of 429 Melrose Drive
| MLS® # | 21208137 |
|---|---|
| Price | $390,000 |
| Bedrooms | 4 |
| Bathrooms | 2.10 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 1,601 |
| Acres | 0.18 |
| Year Built | 1963 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Closed |
Community Information
| Address | 429 Melrose Drive |
|---|---|
| Subdivision | Northway Acres 02 |
| City | Richardson |
| County | Dallas |
| State | Texas |
| Zip Code | 75080-4541 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Garages | Driveway |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Above Ground |
Interior
| Interior Features | Decorative Lighting, High Speed Internet Available, Open Floorplan |
|---|---|
| Heating | Central |
| Fireplace | No |
Exterior
| Exterior Features | Barbecue, Dog Run, Fire Pit, Rain Gutters, Lighting, Private Yard, Putting Green, Storage |
|---|---|
| Lot Description | Few Trees, Interior Lot, Landscaped, Level, Lrg. Backyard Grass |
| Roof | Composition |
| Construction | Brick, Siding |
| Foundation | Slab |
School Information
| District | Richardson ISD |
|---|---|
| Elementary | Northrich |
| High | Pearce |
Additional Information
| Date Listed | March 16th, 2026 |
|---|---|
| Date Sold | April 21st, 2026 |
| Days on Market | 206 |
Listing Details
| Agent | Michele Playdon |
|---|---|
| Office | EXP REALTY |
| Contact Info | 619-961-0379 |