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$347,965

NAL Estimated Property Value

120 Melissa Ct, Georgetown, TX, 78628

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,613 Sq Ft
price_per_sqft$189.09 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Exhaust Fan, Microwave, Electric Oven, Plumbed For Ice Maker, Free-Standing Electric Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Water Softener Owned
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APNR-20-9957-0000-0010
Lot Number10
SubdivisionVillage 2 Of River Bend Pud
Land UseResidential
Legal DescriptionS6597 - VILLAGE 2 OF RIVER BEND PUD, LOT 10
Census Tract020111
Assessed Land Value$74,000
Assessed Improvement Value$273,965
Assessment Year2025

About this property

Welcome home to comfort, style, and smart updates in this charming Village of River Bend gem! Set on a quiet street in a 55+ community, this 2-bed, 2-bath home also includes a flex/office space with built-in bookshelves and French doors. You’ll love the open floor plan, high ceilings, and wood flooring in the main areas that provide a warm, welcoming flow. This great property has been refreshed throughout: interior/exterior painted in 2023, kitchen cabinets painted 2025, new tile flooring and carpet installed in select rooms in 2025, two new tall toilets, all new faucets, and trees trimmed to enhance your outdoor space. A RING doorbell and attic TV attic antenna add modern touches. Function meets style in a kitchen with spacious granite counters, stainless appliances, and abundant cabinets. The office/flex space is ideal for work or hobbies. The primary suite is roomy and comfortable with built-in cabinets in the bath. No stairs means easy living. Outside, a screened back porch invites a relaxing retreat, and the oversized garage gives you plenty of storage or workspace. Roof and gutters were updated in 2020, HVAC in 2018, and a garbage disposal replaced in 2022. Located near shopping, dining, and community conveniences, this home has been steadily improved and is ready for the next owner to enjoy.

Investor Tools

Property Icon
$347,965
Estimated Property Value
$216,738Estimated Mortgage Balance
$131,545Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,053
$347,965
2025
$74,000
$273,965
$347,965
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,053
$347,965

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Residential Wholesale Mortgage Inc
Unknown
$218,000
No
First
Dec 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,738
$131,227
37%
62%
$1,308/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.

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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: Georgetown

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120 Melissa Ct | Property Details | No Agent List