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$442,000

NAL Estimated Property Value

2218 Maplewood Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,668 Sq Ft
price_per_sqft$174.25 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Microwave
FlooringCarpet, Combination, Laminate

Exterior

Lot Size6,403 sqft

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-12083-00A-0340-1
Lot Number34
SubdivisionAuburndale Phase 2 (Cml)
Land UseResidential
Legal DescriptionAUBURNDALE PHASE 2 (CML), BLK A, LOT 34
Census Tract030202
Assessed Land Value$103,950
Assessed Improvement Value$336,707
Assessment Year2025

About this property

This one has it all!  Built in 2021 still feels like a brand new home and already has all the upgrades in it. The open floor plan boasts a spacious primary bedroom downstairs and two more bedrooms downstairs plus a study being used as a in home office, two full bathrooms downstairs  Upstairs has a large game room, full bathroom and a large bedroom with a walk-in closet. Upgraded flooring downstairs throughout the family room, kitchen and entry. Spacious kitchen with abundance of cabinet space, gorgeous granite countertops, breakfast bar, stainless steel appliances and walk in panty. Family room is spacious and dining area right off the family room great for entertaining lots of room. Fully landscaped front and back with patio and large side yard. Very desirable location and easy access to the 75 freeway. Situated in close proximity to upcoming Kroger Marketplace and HEB.  LOW HOA FEE AND NO MUD OR PID TAXES.

Investor Tools

Property Icon
$442,000
Estimated Property Value
$262,522Estimated Mortgage Balance
$179,478Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,789 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$809/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,498
$440,657
2025
$103,950
$336,707
$440,657
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,498
$440,657

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$271,000
No
First
Aug 29, 2024
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,522
$179,478
40%
59%
$1,625/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,975/mo
+$985/mo
8.0%

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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2218 Maplewood Dr | Property Details | No Agent List