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$466,773

NAL Estimated Property Value

2806 Lincoln Drive, Melissa, TX, 75454

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,972 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.61 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
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, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8364-00K-0040-1
Lot Number4
SubdivisionLiberty Phase 1 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 1 (CML), BLK K, LOT 4
Census Tract030207
Assessed Land Value$124,200
Assessed Improvement Value$342,573
Assessment Year2025

About this property

Beautiful former Drees model home in Liberty with a big pond a few doors down to your left and another big pond a few doors down to your right. Very open floor plan but somewhat unique with only 1 bedroom and 1 bath plus a game room upstairs. Large kitchen with abundance of granite and cabinets. The breakfast area tucks in near the stairs and makes an outstanding warm space. The side entry garage really accents to front of home. Home is large with plenty of space for a large family, Great neighborhood with outstanding schools

Investor Tools

Property Icon
$466,773
Estimated Property Value
$173,284Estimated Mortgage Balance
$293,489Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,801 /month
Positive
Cash Flow Estimate:
$934 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,729
$466,773
2025
$124,200
$342,573
$466,773
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,729
$466,773

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Unknown
$201,800
No
First
Apr 17, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,284
$293,489
62%
37%
$1,210/mo

City: Melissa

2806 Lincoln Drive | Property Details | No Agent List