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$509,089

NAL Estimated Property Value

2313 Patriot, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.97 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2013
Stories2
Garage Spaces2

Land Information

APNR-9279-00K-0120-1
Lot Number12
SubdivisionLiberty Phase 2 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 2 (CML), BLK K, LOT 12
Census Tract030207
Assessed Land Value$120,000
Assessed Improvement Value$389,089
Assessment Year2025

About this property

Step into this captivating home a haven for every family member. A spacious study with french doors greets you as you enter the home. New hardwood floors in the entry and formal dining lead to the family room with a gas fireplace. The kitchen and large eat in nook is perfect for entertaining. The mudroom and laundry room are just off the kitchen. The floor plan, designed for a growing family, hosts an upstairs loft and a versatile media room. One bedroom boasts a full bathroom, perfect for older children or live-in relatives. Natural light floods the space, creating an airy ambiance. Plantation shutters on some of the first floor windows. The outdoor fireplace calls for marshmallow roasts and s'mores. A covered porch shields from the elements, while an extended patio sets the scene for outdoor grilling, ensuring cherished moments and delightful memories. This home isn't just a space; it's an awaiting canvas for its new owners to craft their dreams.

Investor Tools

Property Icon
$509,089
Estimated Property Value
$464,333Estimated Mortgage Balance
$44,756Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$826/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,369
$509,089
2025
$120,000
$389,089
$509,089
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,369
$509,089

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Inc
Conventional
$484,000
No
First
Feb 13, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,333
$44,756
8%
91%
$2,902/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,287/mo
+$573/mo
9.1%

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.

Explore Texas Explore This Area
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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2313 Patriot | Property Details | No Agent List