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$455,084

NAL Estimated Property Value

2804 Pioneer Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,364 Sq Ft
price_per_sqft$192.05 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-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, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesBuilt-in Barbecue, Rain Gutters, Lighting, Outdoor Grill, Private Yard

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APNR-8364-00M-0350-1
Lot Number35
SubdivisionLiberty Phase 1 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 1 (CML), BLK M, LOT 35
Census Tract030207
Assessed Land Value$132,000
Assessed Improvement Value$323,084
Assessment Year2025

About this property

Step into this stunning one story, 4 bedroom, 2.5 bathroom home that perfectly blends charm, comfort, and modern updates! With fantastic curb appeal, this home welcomes you with warmth and style from the moment you arrive. Inside, the spacious living room boasts a beautiful fireplace, updated vinyl flooring throughout the main areas and abundant natural light, creating an inviting atmosphere. The chef’s kitchen is a dream, featuring stainless steel appliances, a gas cooktop, granite countertops, ample cabinet space, and a bright breakfast area, perfect for gathering and entertaining. The primary suite is a true retreat, complete with an ensuite bathroom featuring dual vanities, a separate soaking tub and shower, and a generous walk-in closet. The guest bedrooms have updated carpet and are well sized and updated bathrooms that add a touch of modern elegance. One of the guest bedrooms are being utilized as private office that provides the perfect work from home space, while the formal dining room can easily be used as a second living area or flex space to fit your needs. Step outside to your entertainer’s paradise! The updated extended covered patio is complete with a mounted TV, a full outdoor kitchen with a built-in grill and fridge, and plenty of space to host gatherings year round. And don’t worry, there’s still plenty of yard space left for kids and pets to run and play! With too many updates to list, this home is move-in ready and waiting for its next owner! Plus, it's located in a community with fantastic amenities for the whole family and offers easy access to major highways, highly rated schools, and all the shopping and dining you could want, including an H-E-B coming soon! Don’t miss your chance to own this beautifully maintained and updated home! Schedule your showing today!

Investor Tools

Property Icon
$455,084
Estimated Property Value
$426,131Estimated Mortgage Balance
$28,953Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,731 /month
Positive
Cash Flow Estimate:
$910 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$943/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,035
$455,084
2025
$132,000
$323,084
$455,084
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,035
$455,084

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$435,100
No
First
Mar 31, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$426,131
$28,953
6%
94%
$2,609/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,994/mo
+$866/mo
10.2%

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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2804 Pioneer Dr | Property Details | No Agent List