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$849,000

2706 Potomac Drive, Melissa, TX, 75454

$863,788 ARVInfo
On MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,954 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.72 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Vented Exhaust Fan

Exterior

Private PoolPrivate Pool

Building Information

Year Built2022
Stories2
Garage Spaces3

Land Information

APNR-12696-00B-0050-1
Lot Number5
SubdivisionLiberty Phase 8b (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 8B (CML), BLK B, LOT 5
Census Tract030207
Assessed Land Value$175,000
Assessed Improvement Value$591,268
Assessment Year2025

About this property

This newly built Perry Home is complete with the recent addition of a heated pool and spa! Situated in the master planned Hillwood community of Liberty, this neighborhood has everything you could want from wide open spaces, to trails, parks and playgrounds, stocked ponds and a tight-kit community feel. As soon as you enter the home you are greeted with a grand 2 story entryway and spiral staircase that separates the dining room and the private office with glass french doors and views of the front yard. The main floor also offers a large 2 story living room opening to the kitchen , a half bath, and the primary and guest suites that both overlook the pool. Upstairs offers 3 bedrooms 2 full baths (one is a jack and jill), game room, and media room. Improvements made to the exterior after the home was built includes the heated pool and spa with in-ground lighting, non-slip pavers in the backyard, landscaping and lighting. Inside the home the you'll love the primary suite with motorized window shades, a massive bathroom with separate vanities and his and hers closets. Speaking of closets, this house has so much storage including 4 attic spaces. The 3 car tandem garage has epoxy floors and built-in Gladiator steel cabinets. Just in time for summer, this house has it all!

Investor Tools

$695,315Estimated Mortgage Balance
$70,953Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$863,787
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,094 /month
Positive
Cash Flow Estimate:
$1,698 /month

Interested in this property?

Crystal Solensky

Keller Williams Realty DPR

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
$770/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$766,268
2025
$175,000
$591,268
$766,268
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$766,268

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crestmark Mortgage Company Ltd
Va
$742,214
Yes
First
Jan 26, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$695,315
$70,953
9%
91%
$4,450/mo

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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2706 Potomac Drive | Property Details | No Agent List