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$412,000

1207 Gibson Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,033 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.66 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt-In Gas Range, Dishwasher, Disposal
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size7,405 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-11470-00Z-0110-1
Lot Number11
SubdivisionVillages Of Melissa Phase 4 (Cml)
Land UseResidential
Legal DescriptionVILLAGES OF MELISSA PHASE 4 (CML), BLK Z, LOT 11
Census Tract030206
Assessed Land Value$105,000
Assessed Improvement Value$300,150
Assessment Year2025

About this property

A Home with a View in Villages of Melissa! This beautifully maintained 2019 home sits on an elevated lot with stunning skyline views looking north toward Anna. Conveniently located near Hwy 75 in the sought-after Villages of Melissa, this property combines location, space, and charm. Inside, the home features three bedrooms plus a versatile study—currently used as a sewing room. The open-concept design connects the family room, kitchen, and dining area, creating a bright and welcoming space perfect for entertaining or relaxing. The oversized backyard is a rare find in this neighborhood, offering plenty of room for outdoor activities, pets, or a garden. Both the home and incedible yard have been thoughtfully cared for and the home feels new. Community amenities include a swimming pool with splash pad, a park, pickleball court, putting green, and occasional social events. You’ll also enjoy being part of a warm, welcoming neighborhood with some of the best neighbors around! Interior photos coming soon!

Investor Tools

Property Icon
$408,000
Estimated Property Value
$328,000Estimated Mortgage Balance
$0Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,472 /month
Positive
Cash Flow Estimate:
$824 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,510
$405,150
2025
$105,000
$300,150
$405,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,510
$405,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Opus Home Loans Inc
Conventional
$328,000
No
First
Sep 10, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$648,350
N/A
0%
159%
$3,934/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$4,234/mo
$-374/mo
11.4%

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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1207 Gibson Dr | Property Details | No Agent List