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$399,908

NAL Estimated Property Value

2807 Mesquite Ave, Melissa, TX, 75454

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.49 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range

Exterior

Exterior FeaturesRain Gutters
Lot Size6,098 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-11584-00N-0170-1
Lot Number17
SubdivisionNorth Creek Estates Phase 6a (Cml)
Land UseResidential
Legal DescriptionNORTH CREEK ESTATES PHASE 6A (CML), BLK N, LOT 17
Census Tract030207
Assessed Land Value$115,000
Assessed Improvement Value$284,908
Assessment Year2025

About this property

NOW PRICED BELOW TAX ROLLS! MOVE-IN READY! Community pool, putting green, fitness center AND walking distance to North Creek Elementary?! Welcome to this beautifully maintained single-story home in the sought-after North Creek Estates community in Melissa! Built in 2019, this move-in ready property offers 3 bedrooms, 2 bathrooms, and 1,720 sq ft of open-concept living. The spacious kitchen features granite countertops, stainless steel appliances, a large island, walk-in pantry, and shaker-style cabinetry...ideal for entertaining or daily life. The private primary suite includes an ensuite bath with dual sinks, a walk-in shower with seat and a generously sized walk-in closet with direct access to the laundry room for added convenience! Enjoy modern, energy-efficient living with features like Energy Star appliances, a tankless water heater, double-pane windows, radiant barrier, and 13–15 SEER HVAC...designed to keep utility bills low and comfort high. The backyard offers a covered patio, full sprinkler system, and wood privacy fencing...perfect for outdoor relaxation, gardening, or pets. Located within award-winning Melissa ISD, this home is walking distance to both North Creek Elementary and the neighborhood amenity center featuring a resort-style pool, putting green, fitness center, clubhouse, playgrounds, stocked fishing pond, and scenic trails. Sidewalks and green spaces encourage a vibrant, active lifestyle. With close proximity to Hwy 75 and TX-121, commuting to McKinney, Frisco, and the greater North Dallas area is quick and convenient. Whether you're looking to simplify, start fresh, or enjoy low-maintenance living in a thriving and connected community, this home is ready for a quick move-in and immediate enjoyment. Why wait to build when you can have this almost new home NOW!?

Investor Tools

Property Icon
$399,908
Estimated Property Value
$258,035Estimated Mortgage Balance
$141,873Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
$176/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,527
$399,908
2025
$115,000
$284,908
$399,908
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,527
$399,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$274,000
No
First
Mar 30, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,035
$141,873
35%
65%
$1,643/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,819/mo
+$1,141/mo
8.9%

Learn About the Market: Opportunity in Texas

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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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2807 Mesquite Ave | Property Details | No Agent List