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$1,093,000

NAL Estimated Property Value

18 Meadowcreek Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,613 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.62 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size1.68 acres

Building Information

Year Built1992
Stories3
Roof Type105
Garage Spaces3

Land Information

APNR-0630-000-0420-1
Lot Number42
SubdivisionCountry Ridge Phase 1 (Cml)
Land UseResidential
Legal DescriptionCOUNTRY RIDGE PHASE 1 (CML), LOT 42
Census Tract030206
Assessed Land Value$367,080
Assessed Improvement Value$660,467
Assessment Year2025

About this property

Showstopper Modern Farmhouse located in Gated Community. Picturesque Views on 1.7 acres backing to Stocked Pond & Mature Trees. Incredible Kitchen Remodel with Leather Finish Quartzite Countertops, French Double Ovens, 2 Dishwashers, Full Size Built-In Fridge & Freezer and State Street Reclaimed Brick Flooring. Ultimate Laundry room with 2 Washer & Dryer Hookups, Dog Shower & Pinterest Worthy Storage. Vaulted Living Room, with German Smear Brick Fireplace, overlooks sparkling pool, pool house & putting green. Stylish Media Room up offers Kitchenette with Butcher Block Countertops, Mini Fridge, KitchenAid Oven & Microwave. All the right spaces, from home office down with coffered ceilings to large game room up!

Investor Tools

Property Icon
$1,093,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,093,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,558 /month
Positive
Cash Flow Estimate:
$2,186 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,876/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,052
$1,027,547
2025
$367,080
$660,467
$1,027,547
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,052
$1,027,547

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,093,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$840/mo
+$3,020/mo
4.2%

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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18 Meadowcreek Dr | Property Details | No Agent List