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$439,047

2707 Patriot Dr, Melissa, TX, 75454

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,335 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.44 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBasketball Court, Playground, Tennis Court(s)

Building Information

Year Built2011
Stories2
Garage Spaces2

Land Information

APNR-8364-00F-0220-1
Lot Number22
SubdivisionLiberty Phase 1 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 1 (CML), BLK F, LOT 22
Census Tract030207
Assessed Land Value$120,000
Assessed Improvement Value$319,047
Assessment Year2025

About this property

Welcome to your new home including 3 bedrooms, 2.5bathrooms, 2 dining areas, formal study and a bonus space that can be used as a theater or game room! The main living areas are open and inviting when entertaining guests. The back yard offers a private space for grilling and playing with the pets and kids. You'll enjoy spending time under the covered back patio and have direct access to an alley for a short walk to the community pool. Here's your chance to be in a great master planned community with multiple pools, basketball court, playgrounds and sports fields. This home is near shopping, dining, parks and the new HEB!

Investor Tools

Property Icon
$439,047
Estimated Property Value
$355,400Estimated Mortgage Balance
$95,866Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,928
$439,047
2025
$120,000
$319,047
$439,047
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,928
$439,047

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nuwave Lending Llc
Conventional
$355,400
No
First
Jun 3, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,181
$95,866
21%
78%
$2,131/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,881/mo
+$79/mo
8.1%

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.

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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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2707 Patriot Dr | Property Details | No Agent List