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$500,000

NAL Estimated Property Value

1710 Private Road 5042, Melissa, TX, 75454

$650,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,443 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.31 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Electric Cooktop, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size2.30 acres

Building Information

Garage Spaces3

Land Information

APNR-7048-000-0540-1
Lot Number54
SubdivisionPolly A Boone Survey
Land UseResidential
Legal DescriptionABS A1048 POLLY A BOONE SURVEY, TRACT 54, 2.30 ACRES
Census Tract030201
Assessed Land Value$184,000
Assessed Improvement Value$24,527
Assessment Year2025

About this property

Also includes Parcel R-7048-000--0540-1(2.29 acres)and Parcel R-7048-0000-0440-1(2.27 acres). Updated country home nestled on over 5 acres in the country, only minutes from McKinney.Open floorplan. Custom home features an awesome renovated kitchen, updates with wood flooring, a 16 seer AC, fixtures, lighting, paint & more. Lots of windows thru out allows the natural light to stream through the living space & illuminate every room. The spacious master bathroom has been updated with all the bells and whistles. Bring rocking chairs to the front or back patios to relax or have a cook out with friends. Has a 2nd flr gamerm and a work shop with electricity. Privacy abounds with acres of ag exempt pecan trees.

Investor Tools

Property Icon
$500,000
Estimated Property Value
$0Estimated Mortgage Balance
$500,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$650,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,114
$208,527
2025
$184,000
$24,527
$208,527
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,114
$208,527

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$500,000
100%
0%
$0/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.

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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1710 Private Road 5042 | Property Details | No Agent List