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$430,934

NAL Estimated Property Value

1104 Ellis Rd, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,913 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.48 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave
FlooringCarpet, Tile

Building Information

Year Built2012
Stories2
Garage Spaces2

Land Information

APNR-8704-00E-0170-1
Lot Number17
SubdivisionVillages Of Melissa Phase 1 (Cml)
Land UseResidential
Legal DescriptionVILLAGES OF MELISSA PHASE 1 (CML), BLK E, LOT 17
Census Tract030206
Assessed Land Value$100,000
Assessed Improvement Value$330,934
Assessment Year2025

About this property

THIS ONE HAS IT ALL! Spacious home with an open floor plan four large bedrooms. 2 bedrooms down Primary bedroom has an extra large bathroom dual sinks, soaking tub and separate shower , walk in closet. Large open family room with fireplace and ceiling fan, separate dining room. Beautiful kitchen features rich dark wood cabinets, island, gorgeous granite countertops, stainless steel appliances and walk in pantry. Lots of cabinets, breakfast bar and breakfast nook. Upstairs you have a large loft for the kids and a media room and two good size bedrooms upstairs. Three full bathrooms, laundry room downstairs. Upgraded features include rounded corners , iron staircase, ceiling fans. Great curb appeal, large covered front porch and patio in the backyard that is fully covered. Excellent location, walking distance to the school and easy access to the 75 freeway. no MUD or PID Taxes. Neighborhood amenities include a pool, splash pad, playgrounds, walking trails, ponds with fountains.

Investor Tools

Property Icon
$430,934
Estimated Property Value
$422,112Estimated Mortgage Balance
$8,822Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
$530/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,679
$430,934
2025
$100,000
$330,934
$430,934
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,679
$430,934

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Conventional
$446,685
No
First
May 17, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$422,112
$8,822
2%
98%
$2,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,209/mo
+$651/mo
10.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Melissa

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1104 Ellis Rd | Property Details | No Agent List