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$520,757

NAL Estimated Property Value

2310 Houston Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,916 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.06 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave

Exterior

Lot Size6,050 sqft

Building Information

Year Built2015
Stories2
Garage Spaces2

Land Information

APNR-10624-00G-0160-1
Lot Number16
SubdivisionLiberty Phase 3a (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 3A (CML), BLK G, LOT 16
Census Tract030207
Assessed Land Value$140,000
Assessed Improvement Value$380,757
Assessment Year2025

About this property

Beautiful 1.5-story home in the desirable community of Liberty, zoned for top-rated Melissa ISD. Three bedrooms and two bathrooms downstairs, along with open kitchen, dining room, and large living area. Spacious game room upstairs, with bedroom and full bathroom. Enhanced features include Austin Stone fireplace, granite countertops, surround sound system, and oversized covered back patio. Community provides plenty of enjoyment with large park spaces, toddler pool, swimming pool, splash pad, and playground. All within a short drive to Highway 121, I-75, and the elementary school!

Investor Tools

Property Icon
$520,757
Estimated Property Value
$371,180Estimated Mortgage Balance
$149,577Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,125 /month
Positive
Cash Flow Estimate:
$1,042 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,027/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,724
$520,757
2025
$140,000
$380,757
$520,757
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,724
$520,757

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$404,940
No
First
Dec 22, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,180
$149,577
28%
71%
$2,428/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,428/mo
+$532/mo
6.8%

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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2310 Houston Dr | Property Details | No Agent List