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Days75Days on Market
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$530,000

1900 Melinda Lane, Farmers Branch, TX, 75234

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,246 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$235.98 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,980 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN241055400M0130000
Lot Number13
SubdivisionKensington Place
Land UseResidential
Legal DescriptionKENSINGTON PLACE BLK M LT 13 ACS 0.0455 INT202300039626 DD02242023 CO-DC 1055400M01300 3CF1055400M
Census Tract014002
Assessed Land Value$70,000
Assessed Improvement Value$473,900
Assessment Year2025

About this property

Welcome to 1900 Melinda Lane in Mercer Crossing—where modern design, low-maintenance living, and an unbeatable location come together. Built in 2022, this light-filled townhome is made for the way you live, whether that means morning coffee at the oversized kitchen island, hosting friends for game night, or streaming your favorite show in the open-concept living space. Inside, you’ll love the bright, airy floor plan with high ceilings, recessed lighting, and walls of windows that fill the home with natural light. The stylish kitchen is the heart of the home, featuring quartz countertops, soft-close cabinetry, stainless steel appliances, a gas range, walk-in pantry, and a large island perfect for casual dining or entertaining. Upstairs, the spacious primary suite feels like a private retreat with an oversized shower, double vanity, and walk-in closet. Two additional bedrooms also include generous closet space, making it easy to create a guest room, home office, or workout space. More storage under the stairs. The Mercer Crossing lifestyle is what truly sets this home apart. HOA-maintained landscaping means more time enjoying the community’s resort-style amenities, including three pools, a private gym, luxury clubhouse, dog parks, jogging and biking trails, playgrounds, a pond, and community events. Plus, you’re perfectly positioned in the center of DFW, just minutes from North Dallas shopping, restaurants, entertainment, 10 miles to DFW Airport, 15 miles to Downtown Dallas, and an easy drive to Downtown Fort Worth. Information provided is deemed reliable, but is not guaranteed and should be independently verified. Buyer and buyer's agent to verify square footage, measurements, schools, tax, HOA, etc.

Investor Tools

$331,082Estimated Mortgage Balance
$212,918Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

Interested in this property?

Rosa Collins

Christie's Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
$321/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,906
$543,900
2025
$70,000
$473,900
$543,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,906
$543,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$352,178
No
First
Feb 24, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,082
$212,918
39%
61%
$2,112/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$2,433/mo
$-443/mo
4.4%

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: Farmers Branch

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1900 Melinda Lane | Property Details | No Agent List