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Days28Days on Market
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$1,345,000

$1,399,000

12 Misty Meadow Dr, Melissa, TX, 75454

On MarketInfo
Price DropInfo
Beds5 Beds
Baths4 Bath
Baths5,197 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.8 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Double Oven, Tankless Water Heater
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size1.65 acres

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-3597-000-0020-1
Lot Number2
SubdivisionWoods Of Country Ridge Phase I (Cml)
Land UseResidential
Legal DescriptionWOODS OF COUNTRY RIDGE PHASE I (CML), LOT 2
Census Tract030206
Assessed Land Value$485,925
Assessed Improvement Value$696,282
Assessment Year2025

About this property

Set on 1.65 beautifully treed acres in a gated community, this distinctive French carriage-style home blends timeless charm with thoughtful modern updates. Highlights include hand-scraped hardwood floors, quartz countertops, updated tile, designer lighting, picture-frame molding, and stylish wallpaper accents throughout. The private backyard is designed for relaxation and entertaining with a pool, hot tub, cabana, and mature trees creating a peaceful, resort-like setting. A standout feature is the casita, added in 2023, complete with a kitchen, living room, office, bedroom, full bath, and laundry. With its own front entrance and backyard access, it's ideal for guests, extended family, or multigenerational living. A truly special property offering acreage, privacy, resort-style outdoor living, and flexible living space—all in one exceptional setting.

Investor Tools

$359,416Estimated Mortgage Balance
$823,569Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,070 /month
Positive
Cash Flow Estimate:
$2,690 /month

Interested in this property?

Jack McLemore

Listing Results, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,685/month
$1,018/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,311
$1,182,207
2025
$485,925
$696,282
$1,182,207
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,311
$1,182,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$414,000
No
First
Nov 4, 2019
Dec 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$359,416
$822,791
69%
30%
$2,483/mo

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.

Explore Texas Explore This Area
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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12 Misty Meadow Dr | Property Details | No Agent List