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$1,500,000
NAL Estimated Property Value000 Milrany Lane, Melissa, TX, 75454
Off Market
Commercial
About this property
Not in the City. Area map locator & a more narrow area map, separate surveys w-legal desc & info on property. Appx. 15.25 ac. The 1.937 acre prop has a house located on it and it has almost 212’ of frontage on FM 2933. Property ID: 1343914. The 13.317 acre tract has a house & a mobile home, some out buildings & it has a little less than 213’ of frontage for a total frontage of approximately 424.5 feet. Property ID: 2726280. We’re assuming the improvements on both properties will be razed and both sellers have some real and personal property they will want to take with them and they will want some time to find something to buy and move. North Collin WSC and GCEC. Email for additional info.
Investor Tools
$1,500,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,500,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%