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$730,000

2707 Melissa Court, Cedar Hill, TX, 75104

$737,889 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,190 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.92 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size1.01 acres

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN21.5818.001.659.00.108
Lot Number1659
SubdivisionLake Ridge Sect 21
Land UseResidential
Legal DescriptionLOT 1659 LAKE RIDGE SECT 21 1.005 AC
Census Tract060704
Assessed Land Value$145,000
Assessed Improvement Value$612,311
Assessment Year2025

About this property

Get into the highly sought after Lake Ridge neighborhood but at a great price AND in lower taxing district of Ellis county! Highly ranked Midlothian ISD! Beautiful pool with sun shelf, waterfall, attached spa & slide! Large but cozy dining room leading to additional side covered porch allowing for perfect indoor-outdoor entertaining. Spacious, open kitchen w tons of counter space & breakfast area. Well spaced out lot at the end of a cul-de-sac. 1st floor master w sitting area, jetted tub, lg glass enclosed shower, his-her vanities & custom closet built ins. 2nd master upstairs with private full bathroom & huge walk in closet! Every bedroom connects to a bathroom & has ample closet space. Roof replaced July 2019

Investor Tools

Property Icon
$730,000
Estimated Property Value
$0Estimated Mortgage Balance
$279,455Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$737,888
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
$392/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21
$696,233
2025
$145,000
$612,311
$757,311
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21
$696,233

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Va
$502,054
Yes
First
Jan 4, 2021
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$450,545
$279,455
38%
62%
$3,011/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,070/mo
$3,403/mo
$-333/mo
5.0%

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.

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: Cedar Hill

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2707 Melissa Court | Property Details | No Agent List