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$405,000

221 Stonehollow Way, Melissa, TX, 75454

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,478 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.44 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size5,750 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-11959-00D-0150-1
Lot Number15
SubdivisionQuarry The (Cml)
Land UseResidential
Legal DescriptionQUARRY THE (CML), BLK D, LOT 15
Census Tract030202
Assessed Land Value$138,000
Assessed Improvement Value$313,288
Assessment Year2025

About this property

Beautifully maintained home sitting right off US-75, commuting anywhere in DFW is effortless. Right across the highway you’ve got Buc-ee’s, the brand new H-E-B (largest in DFW), and a commercial corridor that is absolutely taking off. Melissa is one of the fastest-growing cities in Texas and people are waking up to it fast. The lot is the star of the show. This backyard backs directly to HOA-owned trails lined with mature trees and greenery, giving you private views and no rear neighbors. That’s rare and hard to find at this price point. This brick and stone 2021 Meritage build offers 2,497 sq ft with a layout that just works. Open-concept kitchen with granite countertops, white cabinetry and stainless appliances flowing into a bright living area. Main-level primary suite with dual sinks, walk-in shower and a huge walk-in closet. Flex room with barn door off the entry, use it as a 4th bedroom or home office, your call. Game room upstairs gives everyone their own space. Luxury vinyl plank throughout the main level, covered patio, 2-car garage and smart home features included. Community features a playground, park, scenic fountain, and jogging and bike trails right outside your door. Highly Rated Melissa ISD, Highland Elementary, Melissa Middle and High. No MUD tax. This is one of those homes you truly have to see in person to fully appreciate it.

Investor Tools

Property Icon
$451,288
Estimated Property Value
$343,242Estimated Mortgage Balance
$141,437Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,708 /month
Positive
Cash Flow Estimate:
$903 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,403
$451,288
2025
$138,000
$313,288
$451,288
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,403
$451,288

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$343,242
No
First
May 26, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,851
$141,437
31%
69%
$2,058/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,458/mo
+$502/mo
7.9%

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: Melissa

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