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$522,720

NAL Estimated Property Value

2303 Sam Rayburn Highway, Melissa, TX, 75454

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,281 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$390.32 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesElectric Range
FlooringCarpet

Exterior

Lot Size1 acre

Land Information

APNR-6309-000-0090-1
Lot Number9
SubdivisionWilliam Fitzhugh Survey
Land UseResidential
Legal DescriptionABS A0309 WILLIAM FITZHUGH SURVEY, TRACT 9, 1.0 ACRES
Census Tract030207
Assessed Land Value$522,720
Assessment Year2025

About this property

Residential property surrounded by commercial properties. Unique opportunity to have a full one acre on SH121! Property is fenced.

Investor Tools

Property Icon
$522,720
Estimated Property Value
$412,922Estimated Mortgage Balance
$109,798Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,136 /month
Positive
Cash Flow Estimate:
$1,045 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,018/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,608
$522,720
2025
$522,720
N/A
$522,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,608
$522,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust Na
Commercial
$440,000
No
First
Jan 9, 2023
Jan 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$412,922
$109,798
21%
79%
$2,639/mo

City: Melissa

2303 Sam Rayburn Highway | Property Details | No Agent List