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$540,000

2836 Redbud Ln, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,741 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.35 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal
FlooringCeramic Tile

Exterior

Lot Size6,747 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-11663-00A-0180-1
Lot Number18
SubdivisionNorth Creek Estates Phase 4a (Cml)
Land UseResidential
Legal DescriptionNORTH CREEK ESTATES PHASE 4A (CML), BLK A, LOT 18
Census Tract030207
Assessed Land Value$115,000
Assessed Improvement Value$459,303
Assessment Year2025

About this property

Low rate FHA Assumable loan available. Welcome to this beautifully updated 3,741 square foot home, offering 4 spacious bedrooms and 2 full baths, 1 half bath, perfect for families seeking both comfort and convenience. Recently repainted throughout, the interior of this home is fresh, inviting, and ready to be personalized. As you enter, you'll be greeted by a warm and welcoming atmosphere, with gorgeous wood-look tile flooring in the high-traffic areas, complemented by plush carpeting in the bedrooms. The open floor plan seamlessly blends style and functionality, with generous living spaces designed for entertaining and relaxation. The kitchen is a chef’s dream, offering plenty of counter space, modern finishes, and a layout that makes meal prep a breeze. Whether you’re hosting friends or enjoying quiet evenings at home, this home provides the perfect backdrop. Step outside, and you'll find yourself within walking distance of the neighborhood's outstanding amenities – a sparkling pool, a well-maintained park, serene ponds, scenic trails, and an elementary school. It’s the kind of location that brings peace of mind, knowing your family can enjoy these incredible spaces without the need for a car. This home is truly a gem, combining comfort, style, and an unbeatable location. Don’t miss your chance to make it yours! Call today for a private tour.

Investor Tools

Property Icon
$574,303
Estimated Property Value
$379,602Estimated Mortgage Balance
$200,253Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,446 /month
Positive
Cash Flow Estimate:
$1,149 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,153/month
$171/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,960
$574,303
2025
$115,000
$459,303
$574,303
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,960
$574,303

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Unknown
$379,602
No
First
Jul 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,050
$200,253
34%
65%
$2,276/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,447/mo
+$1,413/mo
8.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2836 Redbud Ln | Property Details | No Agent List