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$567,455

NAL Estimated Property Value

2818 Madison Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,474 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.09 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005
Stories2
Garage Spaces3

Land Information

APNR-8364-00M-0110-1
Lot Number11
SubdivisionLiberty Phase 1 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 1 (CML), BLK M, LOT 11
Census Tract030207
Assessed Land Value$138,000
Assessed Improvement Value$429,455
Assessment Year2025

About this property

This is a fantastic Highland Home floor plan with four bedrooms plus study downstairs then a large game room and media room upstairs located on a corner lot. Upon entry, you are greeted by an open plan of formal living and dining area's with a bedroom or study off to the left with French doors. Continue back to the large family room, corner brick fireplace, open to the well appointed kitchen with enough counter and cabinet space to make any chef happy. Enjoy SS appliances, double oven, walk in pantry and breakfast area. Backyard has extended concrete patio OVERSIZED 3 car garage. Located in the Master Planned community of Liberty with large park, ponds, community swimming pool, splash pad and more.

Investor Tools

Property Icon
$567,455
Estimated Property Value
$0Estimated Mortgage Balance
$567,455Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,405 /month
Positive
Cash Flow Estimate:
$1,135 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,049/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,745
$567,455
2025
$138,000
$429,455
$567,455
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,745
$567,455

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$567,455
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$350/mo
+$3,510/mo
8.2%

City: Melissa

2818 Madison Dr | Property Details | No Agent List