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$597,000

NAL Estimated Property Value

2802 Garrison Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,009 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.02 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2021
Garage Spaces3

Land Information

APNR-12276-00C-001U-1
Lot Number1
SubdivisionLiberty Phase 7c (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 7C (CML), BLK C, LOT 1; ( UDI 2022 ), UNDIVIDED INTEREST 50.0000000000% UDI 2022
Census Tract030207
Assessed Land Value$75,000
Assessed Improvement Value$241,964
Assessment Year2025

About this property

Immaculate, move in ready Perry Home built in 2021 with 18K in interior upgrades. Poised on a corner lot, a 15K upgrade. 10K of Plantation shutters installed prior to closing. Upon entry a home office with French doors. Large media room off of extended entry. Formal dining flows into the open family room w fireplace & wall of windows. Stunning kitchen with a spacious island w seating, farmhouse sink, white cabinetry, quartz countertops & adjoining breakfast room. Master suite is private with double door entry to master bath. Guest suite offers private bath. High ceilings throughout home add to this spacious 4 bedroom design. Mud room off 3 car garage. Enjoy parks, trails, & swimming pools in Liberty.

Investor Tools

Property Icon
$597,000
Estimated Property Value
$0Estimated Mortgage Balance
$597,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,525
$316,964
2025
$75,000
$241,964
$316,964
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,525
$316,964

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$597,000
100%
0%
$0/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.

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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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2802 Garrison Dr | Property Details | No Agent List