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$475,000

2605 Fritz Street, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,932 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.01 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven
FlooringCarpet, Ceramic Tile

Building Information

Year Built2012
Stories2
Garage Spaces2

Land Information

APNR-8364-00E-0030-1
Lot Number3
SubdivisionLiberty Phase 1 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 1 (CML), BLK E, LOT 3
Census Tract030207
Assessed Land Value$120,000
Assessed Improvement Value$365,134
Assessment Year2025

About this property

Get an incredibly maintained stunning home at a fantastic price! Walk to Kroger, Starbucks and other great restaurants from your front door! Or short walk to two resort-style pools, sand volleyball, soccer fields, playgrounds, catch & release pond & an active HOA that hosts many events throughout the year. Trick or treat night is the best. The backyard is the star of the show: a huge covered patio with dual ceiling fans, mature shade trees including blooming plum trees, flagstone pathways, manicured landscaping and a fully climate-controlled workshop with AC, electrical and insulation perfect for a shop, secondary office or hobby space. The Liberty community is arguably Melissa's most sought-after neighborhood & this home is one of its best. A striking brick and stone exterior with a signature turret entry delivers curb appeal that looks like a home well above this price point. Inside, a sweeping curved staircase with hand-forged wrought-iron balusters greets you in a soaring two-story foyer and sets the tone for every room that follows. The open-concept main level centers on a floor-to-ceiling natural stone fireplace with arched niches and built-ins, flowing seamlessly into a kitchen built around a massive granite island, gas cooktop, stainless Whirlpool appliances, and espresso cabinetry. The bay-windowed breakfast nook opens directly to one of the best features - the oversized covered patio. The primary suite is a true retreat with a spa bath featuring dual sinks, vanity, soaking tub, separate glass-enclosed shower and an oversized walk-in closet. A dedicated study off the foyer gives you a real work-from-home office with French doors. Upstairs is where this floor plan earns its keep for families - a massive vaulted game room gives everyone their own living space while you enjoy yours, with three additional bedrooms and two full bathrooms. This is one of those homes you truly have to see in person to fully appreciate it. Pride of homeownership shines throughout.

Investor Tools

Property Icon
$485,134
Estimated Property Value
$0Estimated Mortgage Balance
$425,672Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,911 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,919
$485,134
2025
$120,000
$365,134
$485,134
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,919
$485,134

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$200,000
No
First
Aug 11, 2014
Sep 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,462
$425,672
87%
12%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$420/mo
+$3,440/mo
9.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2605 Fritz Street | Property Details | No Agent List