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$467,884

NAL Estimated Property Value

217 Miramar Ave, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,949 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.97 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size5,489 sqft

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-12083-00A-0240-1
Lot Number24
SubdivisionAuburndale Phase 2 (Cml)
Land UseResidential
Legal DescriptionAUBURNDALE PHASE 2 (CML), BLK A, LOT 24
Census Tract030202
Assessed Land Value$104,500
Assessed Improvement Value$363,384
Assessment Year2025

About this property

Home built in 2021, barely lived in 2 story home in fast growing Melissa near 121 and 75. Close to Mckinney and Plano. Rare 4 bedroom, 2.5 bath with private primary suite. The kitchen boasts of upgraded granite counters and gourmet island, and 42-inch cabinets. Home has 10ft ceilings and a bright open floorplan. Primary suite features luxurious bath with dual sinks, separate shower and walk-in closets. Covered patio in the backyard is perfect for entertaining! Be the first to make this your new home!

Investor Tools

Property Icon
$467,884
Estimated Property Value
$306,952Estimated Mortgage Balance
$160,932Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,807 /month
Positive
Cash Flow Estimate:
$936 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$855/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,921
$467,884
2025
$104,500
$363,384
$467,884
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,921
$467,884

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M/I Financial Llc
Conventional
$336,771
No
First
Sep 16, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,952
$160,932
34%
66%
$2,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,020/mo
+$1,840/mo
9.9%

City: Melissa

217 Miramar Ave | Property Details | No Agent List