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$514,000

NAL Estimated Property Value

2315 Patriot, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,915 Sq Ft
price_per_sqft$192.11 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Hardwood

Building Information

Year Built2014
Stories2
Garage Spaces2

Land Information

APNR-9279-00K-0130-1
Lot Number13
SubdivisionLiberty Phase 2 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 2 (CML), BLK K, LOT 13
Census Tract030207
Assessed Land Value$120,000
Assessed Improvement Value$383,391
Assessment Year2025

About this property

SHOWS LIKE A MODEL! K-HOVINIAN HOME! READY TO MOVE IN WITH HARDWOOD FLOORS, GRANITE, LARGE ISLAND IN KITCHEN THAT OPENS TO THE SPACIOUS LIVING ROOM WITH VAULTED CEILINGS, CROWN MOLDING, UPGRADED CABINETS, LARGE PATIO THAT HAS BEEN SCREENED-IN, 3 LIVING AREAS, 4 BEDROOMS, 3 FULL BATHS, WINDOW SEAT IN BREAKFAST NOOK, LARGE GAME ROOM UPSTAIRS WITH MOTHER-IN-LAW SUITE OR 4TH BEDROOM, A LARGE OFFICE WITH LARGE WINDOWS FOR NATURAL LIGHT, AND MUCH MORE!

Investor Tools

Property Icon
$514,000
Estimated Property Value
$484,117Estimated Mortgage Balance
$29,883Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$910/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,347
$503,391
2025
$120,000
$383,391
$503,391
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,347
$503,391

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$524,250
No
First
Apr 18, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$484,117
$29,883
5%
94%
$3,144/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,794/mo
+$66/mo
9.0%

City: Melissa

2315 Patriot | Property Details | No Agent List