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$480,000

209 Rocky Rd, Melissa, TX, 75454

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,015 Sq Ft
price_per_sqft$159.2 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size9,017 sqft

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12650-00H-0050-1
Lot Number5
SubdivisionQuarry Phase 2, The (Cml)
Land UseResidential
Legal DescriptionQUARRY PHASE 2, THE (CML), BLK H, LOT 5
Census Tract030202
Assessed Land Value$126,500
Assessed Improvement Value$375,647
Assessment Year2025

About this property

Welcome to this beautifully designed 5-bedroom, 3-bath Meritage home in the desirable Quarry at Stoneridge community, where modern comfort meets an exceptional Melissa location. Known for quality craftsmanship and energy-efficient construction, this home features spray foam attic insulation to enhance year-round comfort and efficiency. Thoughtfully designed with a spacious, open-concept floor plan, this home offers generous living areas, abundant natural light, and the flexibility today's buyers are looking for. The well-appointed kitchen flows seamlessly into the main living and dining spaces, making it ideal for entertaining or everyday living. It also features a reverse osmosis water filtration system, while a whole-home water filtration system provides added convenience throughout the home. A versatile layout with five spacious bedrooms and three full baths offers plenty of room for families, guests, or a home office, and an upstairs storage closet provides valuable space for seasonal décor and everyday organization. Step outside to a large backyard with plenty of room for outdoor entertaining, gardening, pets, or play—creating the perfect setting to enjoy Texas evenings. Located within highly acclaimed Melissa ISD, residents enjoy neighborhood sidewalks, green spaces, and a welcoming community atmosphere. Outdoor recreation is just minutes away at Inspiration Park, featuring sports fields, playgrounds, walking trails, pickleball and tennis courts, and a splash pad. Golf enthusiasts will appreciate nearby Oak Hollow Golf Course, while convenient access to US-75 makes commuting a breeze. Shopping, dining, and the charm of historic downtown McKinney are all just a short drive away, offering the perfect balance of small-town living and everyday convenience.

Investor Tools

$445,498Estimated Mortgage Balance
$56,649Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,013 /month
Positive
Cash Flow Estimate:
$1,004 /month

Interested in this property?

Christie Cannon

LPT Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$905/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,355
$502,147
2025
$126,500
$375,647
$502,147
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,355
$502,147

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$469,030
No
First
Oct 30, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$445,498
$56,649
11%
89%
$2,813/mo

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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209 Rocky Rd | Property Details | No Agent List