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$530,631

NAL Estimated Property Value

2306 Saratoga Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.06 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,200 sqft

Building Information

Year Built2018
Stories1
Garage Spaces3

Land Information

APNR-11083-00E-0140-1
Lot Number14
SubdivisionLiberty Phase 4 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 4 (CML), BLK E, LOT 14
Census Tract030207
Assessed Land Value$150,000
Assessed Improvement Value$380,631
Assessment Year2025

About this property

Immaculate, one story K Hovninan is home perfectly situated in the heart of coveted Liberty neighborhood! Stylish kitchen is the hub of the home w white cabinets, granite counters, ss appliances & lrg island for gathering! Kitchen opens to breakfast & living rm anchored by floor to ceiling stone, electric fireplace, lots of natural light & wood flooring in living areas make this home divine. Primary suite w custom walk in closet, sitting area & luxurious bath complete w separate tub & shower. Secondary bdrms feature walk in closets, 4th bdrm is great flex rm & currently a home office would make an awesome craft rm or play rm! Utility rm w custom cabinets & plumbed for sink plus mud rm leads to 3 car garage! Icing on the cake, this BACKYARD w extended patio, built in hot tub w arbor, tropical bar & plenty of space for a fire pit for year round entertaining!See list of upgrades!Charming Melissa has a small town feel yet minutes from city life w easy access to freeways, shopping & dining!

Investor Tools

Property Icon
$530,631
Estimated Property Value
$444,145Estimated Mortgage Balance
$86,486Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$867/month
$770/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$530,631
2025
$150,000
$380,631
$530,631
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$530,631

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Va
$470,000
Yes
First
May 10, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$444,145
$86,486
16%
84%
$2,818/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$3,588/mo
$-628/mo
6.7%

City: Melissa

2306 Saratoga Dr | Property Details | No Agent List