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$450,000

2611 Katie Trl, Melissa, TX, 75454

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,855 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.62 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APNR-8364-00D-0060-1
Lot Number6
SubdivisionLiberty Phase 1 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 1 (CML), BLK D, LOT 6
Census Tract030207
Assessed Land Value$120,000
Assessed Improvement Value$312,556
Assessment Year2025

About this property

Welcome to this beautifully maintained home nestled in the charming community of Liberty in Melissa. Featuring a spacious media room with a stunning built-in bookcase, this thoughtfully designed home offers both an upstairs primary suite and a beautifully renovated first-floor primary retreat with a stunning spa-like bathroom. The kitchen boasts abundant counter space, making it the perfect space for hosting family gatherings, holiday celebrations, and everyday entertaining. Designed with both comfort and functionality in mind, every space in this home feels warm and inviting. Conveniently located just minutes from local amenities and highly rated schools, this well-loved home blends charm, style, and everyday convenience into one exceptional opportunity.

Investor Tools

$263,494Estimated Mortgage Balance
$198,502Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$788/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,159
$432,556
2025
$120,000
$312,556
$432,556
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,159
$432,556

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$288,000
No
First
Nov 22, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,494
$207,506
44%
57%
$1,727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,177/mo
+$1,683/mo
10.1%

City: Melissa

2611 Katie Trl | Property Details | No Agent List