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B+
NoAgentList RatingHow are grades calculated?Info
Days63Days on Market
Views1view
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$420,000

1401 Birchwood, Melissa, TX, 75454

$496,828 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,686 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.37 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12629-00O-0060-1
Lot Number6
SubdivisionWolf Creek Farms Phase Two (Cml)
Land UseResidential
Legal DescriptionWOLF CREEK FARMS PHASE TWO (CML), BLK O, LOT 6
Census Tract030206
Assessed Land Value$115,000
Assessed Improvement Value$341,985
Assessment Year2025

About this property

Beautiful two-story home with stunning curb appeal, featuring elegant stone accents, a welcoming front porch, glass front door, and well-maintained landscaping with a stone border. The gourmet kitchen features quartz countertops, stainless steel appliances, and stylish tile backsplash. This home is light and bright. Energy-efficient foam insulation adds comfort and savings year-round. The spacious primary bedroom easily accommodates king-size furniture, offering a relaxing retreat. Upstairs, a versatile flex room provides endless possibilities—ideal for a media room, second office, or home gym. Step outside to a backyard designed for enjoyment, with a covered patio perfect for outdoor living and entertaining. A city easement behind the home adds extra open space. Shed provides additional storage. This home is a Must See!

Investor Tools

$430,003Estimated Mortgage Balance
$26,982Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$496,827
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,742 /month
Positive
Cash Flow Estimate:
$914 /month

Interested in this property?

Leonard McManaman

Keller Williams Frisco Stars

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$456,985
2025
$115,000
$341,985
$456,985
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$456,985

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Va
$444,600
Yes
First
Jul 9, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,003
$26,982
5%
94%
$2,666/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,166/mo
+$694/mo
10.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1401 Birchwood | Property Details | No Agent List