




$375,900
208 Crescent Avenue, Melissa, TX, 75454
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About this property
Great Opportunity for Investor with Current Tenant in place. Auburndale Community zoned for sought-after Melissa ISD. Easy access to Hwy 75. Beautiful 1-Story Floor Plan with 4 Bedrooms and 2 Full Bathrooms. Open Floor Plan with Luxury Vinyl-Plank floors in living areas. Kitchen boasts White Cabinets, Stainless Steel Appliances, Granite Countertops, Walk-In Pantry and Decorative Pendant Lighting. Large Primary Bedroom with Bay Windows. Primary Bathroom includes Dual Sinks, Separate Shower and Large Walk-In Closet. 3 Guest Bedrooms share a Hall Bathroom. Separate Utility Room. Large Covered Patio and Fenced Yard. Tankless Water Heater. Current Lease in place until May 31, 2023.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Melissa
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