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$565,596

NAL Estimated Property Value

2200 Independence Drive, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,610 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.78 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage

Building Information

Year Built2011
Stories2
Garage Spaces2

Land Information

APNR-9279-00A-0050-1
Lot Number5
SubdivisionLiberty Phase 2 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 2 (CML), BLK A, LOT 5
Census Tract030207
Assessed Land Value$132,000
Assessed Improvement Value$433,596
Assessment Year2025

About this property

Immaculately well-loved Highland Home in Liberty subdivision of Melissa with rare, country-setting backyard view. The rustic stone & brick exterior & grand entrance will greet you into a spacious home featuring vaulted ceilings, open living-kitchen-dining, a stone fireplace, & study. The modern kitchen has tons of counter space & an enormous island-breakfast bar, while the spacious master bedroom & bath includes a garden tub & oversized walk-in shower. Upstairs you’ll be pleasantly surprised by a game room area, a cozy fully equipped media room, three additional rooms & two full baths! As you enjoy the manicured lawn and wide-open views from your covered back porch, your city troubles will melt away! Must see!

Investor Tools

Property Icon
$565,596
Estimated Property Value
$249,771Estimated Mortgage Balance
$315,825Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,394 /month
Positive
Cash Flow Estimate:
$1,131 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$938/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,425
$565,596
2025
$132,000
$433,596
$565,596
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,425
$565,596

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial Bank Of Texas Na
Conventional
$280,000
No
First
Oct 2, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,771
$315,825
55%
44%
$1,679/mo

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: Melissa

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2200 Independence Drive | Property Details | No Agent List