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$819,000

2200 Melanie, Colleyville, TX, 76034

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,917 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$280.77 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Convection Oven

Exterior

Lot Size10,629 sqft

Building Information

Year Built1996
Stories2
Garage Spaces3

Land Information

APN36607-11-12
Lot Number12
SubdivisionRoss Downs Estates
Land UseResidential
Legal DescriptionROSS DOWNS ESTATES BLOCK 11 LOT 12
Census Tract113634
Assessed Land Value$122,050
Assessed Improvement Value$585,909
Assessment Year2025

About this property

Welcome to an exceptional opportunity in the highly sought-after Ross Downs community of Colleyville. Offering 2,917 square feet, 4 bedrooms, 3 bathrooms, and an oversized 3-car garage with room for vehicles, storage, or even a boat, this home combines solid updates, a functional layout, and endless potential. Recent improvements—including a 2-year-old roof, fresh interior paint, and brand-new carpet—provide a move-in-ready foundation while leaving plenty of room to add your personal style and make the home your own. Step inside to soaring ceilings and abundant natural light that create an open, inviting atmosphere. The thoughtfully designed floor plan features a spacious primary suite on the main level, offering comfort and privacy. Upstairs, you'll find three additional bedrooms, a full bathroom, and a large game room that can easily serve as a media room, playroom, home office, or flexible living space. The living areas flow seamlessly into a functional kitchen designed for everyday living and effortless entertaining. Outside, the fully fenced backyard and covered patio provide the perfect setting for gatherings, relaxing evenings, or outdoor play. Ideally located just two homes from beautiful Kimzey Park, residents enjoy easy access to walking trails, playgrounds, sports courts, and a peaceful pond. Top-rated schools, premier shopping, dining, and major highways are all just minutes away. Known for its established charm, mature trees, and strong sense of community, Ross Downs remains one of Colleyville's most desirable neighborhoods. This is a rare chance to secure a well-maintained home in an outstanding location and create the dream home you've always envisioned. Schedule your private tour today and discover the possibilities.

Investor Tools

Property Icon
$838,000
Estimated Property Value
$0Estimated Mortgage Balance
$323,963Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,028 /month
Positive
Cash Flow Estimate:
$1,676 /month

Interested in this property?

Austin Mcfarland

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,014
$707,959
2025
$122,050
$585,909
$707,959
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,014
$707,959

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$475,681
Yes
First
Jul 19, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$514,037
$323,963
38%
61%
$3,192/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$3,412/mo
+$158/mo
5.1%

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.

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: Colleyville

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2200 Melanie | Property Details | No Agent List