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$481,000

NAL Estimated Property Value

2610 Independence Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,893 Sq Ft
price_per_sqft$107.12 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built2012
Stories2
Garage Spaces2

Land Information

APNR-8364-00A-0060-1
Lot Number6
SubdivisionLiberty Phase 1 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 1 (CML), BLK A, LOT 6
Census Tract030207
Assessed Land Value$120,000
Assessed Improvement Value$358,099
Assessment Year2025

About this property

Stone elevation! Upgraded iron front door! 2 story entry has art niches! Tile floor in entry. Master,2nd bedroom,full bath down! Formal dining with wood laminate flr! Big family room has wall for ent center,corner raised hearth stone firepl,wood laminate flr! Open kit,family,nook! Big gourmet kitchen with granite tops,stainless steel appls,12x12 tile b-splash with inserts,tall cabinets,sink in island,b-bar! Nook with bay window! Split master down with tiered ceiling! M-bath with tub,shower with seat,12x12 shower tiles with glass tile inserts,granite vanity top,linen,walk-in! Huge 11x6 util rm,mud cabinet,storage under stairs! Iron spindles on stairs! 2 bedrms,full bath,desk area,huge game room up! Sprinklers!

Investor Tools

Property Icon
$481,000
Estimated Property Value
$256,986Estimated Mortgage Balance
$224,014Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,886 /month
Positive
Cash Flow Estimate:
$962 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$981/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,367
$478,099
2025
$120,000
$358,099
$478,099
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,367
$478,099

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$291,650
No
First
Apr 30, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,986
$224,014
46%
53%
$1,749/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,049/mo
+$911/mo
7.4%

City: Melissa

2610 Independence Dr | Property Details | No Agent List