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$399,000

3028 Whispering Pine Blvd, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.62 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Tile, Vinyl

Building Information

Year Built2011
Stories2
Garage Spaces2

Land Information

APNR-8672-00B-0500-1
Lot Number50
SubdivisionTrails Of Melissa Phase I (Cml)
Land UseResidential
Legal DescriptionTRAILS OF MELISSA PHASE I (CML), BLK B, LOT 50
Census Tract030201
Assessed Land Value$118,750
Assessed Improvement Value$297,620
Assessment Year2025

About this property

Welcome to 3028 Whispering Pines Blvd in Melissa, TX — a stunning home that backs to a wooded creek, offering peaceful views and a true green oasis. Enjoy nature from the family room, primary suite, upstairs bedroom, or while relaxing on the spacious deck and covered back porch. Inside, you’re greeted with soaring ceilings, a bright and open living area, and thoughtful upgrades throughout. The flexible front room can serve as a formal dining space or private study. The kitchen features granite countertops and maple cabinets. The primary suite is conveniently located downstairs with serene backyard views. Additional features include rounded corners, full gutters, sprinkler system, and more. Refrigerator, Washer, and Dryer convey. Located in a family-friendly neighborhood with top-rated Melissa ISD schools, parks, and easy access to US-75 for commuting. This is the one you’ve been waiting for—welcome home! Special Financing Incentive Available! Our preferred lender, Town Square Mortgage, is offering a FREE 1-0 Lender-Paid Buydown—helping you enjoy lower monthly payments during your first year of homeownership. With this limited-time offer, your interest rate is reduced by 1% for the first year, providing greater savings and financial flexibility. Make your dream home even more affordable! Details and promotional flyer available in the Transaction Desk.

Investor Tools

Property Icon
$416,370
Estimated Property Value
$351,000Estimated Mortgage Balance
$69,463Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,498 /month
Positive
Cash Flow Estimate:
$833 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,412
$416,370
2025
$118,750
$297,620
$416,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,412
$416,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Conventional
$351,000
No
First
Sep 29, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,907
$69,463
16%
83%
$2,105/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,355/mo
+$1,505/mo
11.1%

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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