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$401,657

NAL Estimated Property Value

1304 Gibson Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,023 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.68 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,360 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-11470-00Y-0290-1
Lot Number29
SubdivisionVillages Of Melissa Phase 4 (Cml)
Land UseResidential
Legal DescriptionVILLAGES OF MELISSA PHASE 4 (CML), BLK Y, LOT 29
Census Tract030206
Assessed Land Value$100,000
Assessed Improvement Value$301,657
Assessment Year2025

About this property

Charming 4-Bedroom Home in Sought-After Master-Planned Community! Welcome to this beautifully maintained 4-bedroom, 2-bath home offering the perfect blend of comfort and style. From the inviting covered front porch to the spacious open floor plan, this home is designed for easy living and entertaining.The kitchen is a chef’s delight, featuring sleek stainless steel appliances, ample cabinetry, and a seamless flow into the dining and living areas. The private primary suite boasts a luxurious en-suite bath complete with dual vanities, a relaxing garden tub, a walk-in shower with stunning tile work, and a generous walk-in closet. Step outside to enjoy the large backyard with a covered patio—perfect for barbecues, gatherings, or simply relaxing in the shade. Located in a desirable master-planned community, residents enjoy access to a sparkling community pool, park, pickleball court, 9-Hole Putt Putt course and well-maintained common areas. Don’t miss your opportunity to call this exceptional home your own! Roof replaced April 2025.

Investor Tools

Property Icon
$401,657
Estimated Property Value
$309,802Estimated Mortgage Balance
$91,855Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,410 /month
Positive
Cash Flow Estimate:
$803 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,622
$401,657
2025
$100,000
$301,657
$401,657
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,622
$401,657

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$314,400
No
First
Jul 17, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,802
$91,855
22%
77%
$1,885/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: Melissa

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1304 Gibson Dr | Property Details | No Agent List