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$400,150

NAL Estimated Property Value

1211 Parker Drive, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,033 Sq Ft
price_per_sqft$135.27 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5,358 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-11470-0GG-0130-1
Lot Number13
SubdivisionVillages Of Melissa Phase 4 (Cml)
Land UseResidential
Legal DescriptionVILLAGES OF MELISSA PHASE 4 (CML), BLK GG, LOT 13
Census Tract030206
Assessed Land Value$100,000
Assessed Improvement Value$300,150
Assessment Year2025

About this property

Brand new 1 story home ready for move-in. Lived in just 6 months, new construction. GORGEOUS home with everything you can imagine. Wide open floorplan, huge kitchen, awesome split bedroom layout, lots of windows make it light and bright, extra cabinets, butler's pantry, mudroom, built in desk area, large laundry room, gutters, covered patio, overlooking greenbelt, surrounded by trees, walk to elementary, minutes from Hwy 75, everything you want and more! Won't last long...

Investor Tools

Property Icon
$400,150
Estimated Property Value
$235,681Estimated Mortgage Balance
$164,469Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,401 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$633/month
$215/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,596
$400,150
2025
$100,000
$300,150
$400,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,596
$400,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$257,600
No
First
Nov 12, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,681
$164,469
41%
59%
$1,545/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$1,760/mo
+$2,100/mo
11.6%

City: Melissa

1211 Parker Drive | Property Details | No Agent List