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$385,000

NAL Estimated Property Value

1 Country Ridge Road, Melissa, TX, 75454

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,040 Sq Ft
OfficeOffice
price_per_sqft$374.04 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.56 acres

Building Information

Year Built1980
Stories1
Roof Type105

Land Information

APNR-1336-000-0710-1
Lot Number71
SubdivisionCountry Ridge Phase Ii (Cml)
Land UseCommercial
Legal DescriptionCOUNTRY RIDGE PHASE II (CML), LOT 71
Census Tract030206
Assessed Land Value$237,075
Assessed Improvement Value$147,925
Assessment Year2025

About this property

This is a beautiful building, completely updated using the very best materials and workmanship. Building has a Hill Country feel with wood walls and grand stone fireplace in the entrance reception area. In addition to this large receiving area are 3 offices, a kitchen and a full bathroom. Covered deck in the back is huge and looks out upon the gorgeous property. Property operates under a special use permit and is within the Country Ridge POA. There are many approved uses for the building but certainly it would be ideal for an office, instructional facility, wedding venue and most recently a Vet. Two Outbuildings one with its own window unit, the other with washer and drver hook up. Located right on HWY 75!

Investor Tools

Property Icon
$385,000
Estimated Property Value
$0Estimated Mortgage Balance
$385,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$756/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,145
$385,000
2025
$237,075
$147,925
$385,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,145
$385,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$385,000
100%
0%
$0/mo

City: Melissa

1 Country Ridge Road | Property Details | No Agent List