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$422,500

2820 Willow Ln, Melissa, TX, 75454

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,909 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.32 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12164-00N-0100-1
Lot Number10
SubdivisionNorth Creek Estates Phase 6b (Cml)
Land UseResidential
Legal DescriptionNORTH CREEK ESTATES PHASE 6B (CML), BLK N, LOT 10
Census Tract030207
Assessed Land Value$115,000
Assessed Improvement Value$320,797
Assessment Year2025

About this property

This stunning, move-in-ready home is back on the market due to a buyer’s personal circumstance—don’t miss your second chance! Unlike a new build, this immaculate property is fully finished with thoughtful upgrades throughout and passed inspection with near perfection. Situated on a spacious corner lot, it features an extended patio and east-facing windows that flood the home with beautiful morning light. The kitchen impresses with quartz countertops, a Kohler Ice Gray cast iron sink, stainless steel appliances, under and over-cabinet lighting, slide-out drawers, and a pot filler over the gas cooktop. Additional highlights include upgraded lighting, a 2.5-car garage with premium Closets by Design cabinetry, and a well-insulated primary suite. Located in amenity-rich North Creek, enjoy access to two pools, a clubhouse, fitness center, multiple playgrounds, and highly rated North Creek Elementary just two blocks away. This home is the perfect blend of style, comfort, and convenience—ready for you to move in and enjoy!

Investor Tools

Property Icon
$435,797
Estimated Property Value
$422,500Estimated Mortgage Balance
$18,224Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,615 /month
Positive
Cash Flow Estimate:
$872 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,874
$435,797
2025
$115,000
$320,797
$435,797
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,874
$435,797

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Va
$422,500
Yes
First
Sep 5, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$417,573
$18,224
4%
96%
$2,534/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$3,184/mo
$-224/mo
8.2%

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.

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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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