1view

$501,000

2219 Poppy Valley Ln, Melissa, TX, 75454

Off Market

5 Beds

3 Bath

2,870 Sq Ft

Single Family Residence

$1 / sqft

Built in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer, Tankless Water Heater

FlooringCarpet

Exterior

Lot Size7,797 sqft

Building Information

Year Built2021

Stories2

Garage Spaces2

Land Information

APNR-12078-00F-0340-1

Lot Number34

SubdivisionMeadow Run Phase 2 (Cml)

Land UseResidential

Legal DescriptionMEADOW RUN PHASE 2 (CML), BLK F, LOT 34

Census Tract030201

Assessed Land Value$130,000

Assessed Improvement Value$359,079

Assessment Year2025

About this property

2.5 CAR OVERSIZED GARAGE - Built in 2021 - Premium Lot with huge backyard leading to greenbelt trail - Landlord provides newer REFRIGERATOR, WASHER and DRYER - Home has 5 bedrooms with a dedicated office, 3 full bathrooms & large game room upstairs - Beautifully Upgraded inside & out - Enjoy outdoor living with oversized covered patio and adjoining pergola - Both with sunshades - Custom bamboo blinds throughout the home, upgraded appliances, gorgeous LVP throughout the first floor and bathrooms, gas logs, large bedrooms walk in closets, walk in pantry & smart home features. Poppy Valley is an interior street with very little traffic. Enjoy Meadow Run community resort style amenities - Planned community events, pool, clubhouse, multiple playgrounds, sports court, etc. Great schools - Sumeer Elementary School in highly located at end of trail 1 block away. Tenant can repaint bedrooms &or remove wallpaper stencils. Shows even better in person! Playground will be removed prior to move in.

Investor Tools

$501,000

Estimated Property Value

$291,382Estimated Mortgage Balance

$234,914Estimated Equity

42% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,006 /month

Positive

Cash Flow Estimate:

$1,002 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$838/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,555

$489,079

2025

$130,000

$359,079

$489,079

Tax History

Year

Tax Paid

Assessed Value

2024

$7,555

$489,079

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Thrive Mortgage Llc

Conventional

$291,382

First

Oct 12, 2021

Nov 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$266,086

$234,914

46%

53%

$1,747/mo

Learn About the Market: Opportunity in Texas

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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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