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$389,999

2309 Independence Dr, Melissa, TX, 75454

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,299 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.22 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size6,050 sqft

Building Information

Year Built2016
Stories2
Garage Spaces3

Land Information

APNR-10624-00H-0090-1
Lot Number9
SubdivisionLiberty Phase 3a (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 3A (CML), BLK H, LOT 9
Census Tract030207
Assessed Land Value$140,000
Assessed Improvement Value$412,191
Assessment Year2025

About this property

Amazing, like new home has all the space and upgrades you need. 5 bedroom, 4 full bath, office, large media gameroom, MIL guest bed full bath and large master down upgraded in farmhouse style. 3 huge bedrooms up with 2 full bath. Kitchen upgraded with knotty pine cabinets, granite, huge walk in pantry, island opens to large family room, ton of storage and closets. Oversized covered patio features fire pit, gas line,TV to stay, lush landscaping, perfect for entertaining. Smart home features custom systems incl smart thermostats, ring, camera sec system. Oversized 2 and half garage perfect for shop area, beautiful landscaping, so many more upgrades.Other TVs, frig, washer dryer, grill, hearth pad negotiable

Investor Tools

Property Icon
$552,191
Estimated Property Value
$370,000Estimated Mortgage Balance
$0Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,313 /month
Positive
Cash Flow Estimate:
$1,104 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,009/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,347
$552,191
2025
$140,000
$412,191
$552,191
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,347
$552,191

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$370,000
No
First
Nov 18, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$608,251
N/A
0%
110%
$3,796/mo

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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2309 Independence Dr | Property Details | No Agent List