$609,000
NAL Estimated Property Value2904 Ellsworth Avenue, Melissa, TX, 75454
$614,023 ARV
Off Market
Property Lead Type:
Off-Market ListARV FlipHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood
Building Information
Year Built2011
Stories2
Garage Spaces2
Land Information
APNR-9279-00R-0060-1
Lot Number6
SubdivisionLiberty Phase 2 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 2 (CML), BLK R, LOT 6
Census Tract030207
Assessed Land Value$144,000
Assessed Improvement Value$435,356
Assessment Year2025
About this property
Absolutely Stunning 4 bedroom, 3.5 bathroom home in the back of Liberty Subdivision. This home has it all! Granite counter tops, double ovens, wood floors, game room, media room and outdoor living! 3 car garage, oversized master shower, and it sits on .22 acres. This home is within walking distance of the elementary school, award winning Mellissa ISD. This is a must see!!!
Investor Tools
$609,000
Estimated Property Value
$166,160Estimated Mortgage Balance
$442,840Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$614,022
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,654 /month
Positive
Cash Flow Estimate:
$1,218 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$974/month
$650/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,647
$579,356
2025
$144,000
$435,356
$579,356
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,647
$579,356
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$183,000
No
First
Jul 23, 2021
Aug 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,160
$442,840
72%
27%
$1,098/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$1,748/mo
+$2,112/mo
7.6%
