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B+
NoAgentList RatingHow are grades calculated?Info
Days70Days on Market
Views1view
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$415,000

305 Fisherman Trail, Melissa, TX, 75454

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,676 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$247.61 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Playground

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-8668-00H-0250-1
Lot Number25
SubdivisionHunters Ridge Phase 3 (Cml)
Land UseResidential
Legal DescriptionHUNTERS RIDGE PHASE 3 (CML), BLK H, LOT 25
Census Tract030206
Assessed Land Value$90,000
Assessed Improvement Value$200,866
Assessment Year2025

About this property

Extensively updated with impeccable designer style, this home reflects true pride of ownership—every improvement thoughtfully completed by the homeowners. Major structural and mechanical updates include foundation and plumbing work, a 2022 roof, and water heater along with refreshed landscaping with new sod, and a spacious covered back porch ideal for outdoor living. Inside, the home features a fully updated kitchen with quartz countertops, modern cabinetry, and on-trend finishes. Both bathrooms have been renovated, and the primary suite showcases a stunning blond-and-black color palette that feels like your own personal spa, offering a calming, high-end retreat. The laundry room has also been enhanced with added storage, providing smart space for equipment, supplies, and additional appliances—keeping the home running smoothly and clutter-free. Durable maintenance-free LVP and tile flooring run throughout—no carpet anywhere for those with allergies. The layout offers that perfect step up or down with comfortable living spaces and a clean, designer look from room to room. Located in the highly sought-after Melissa ISD, the home provides an easy commute onto Highway 75. Why wait on new construction that still needs thousands in upgrades, design choices, and personal touches? This home is already beautifully finished with custom updates, stylish selections, and major improvements completed—giving you a move-in-ready experience with none of the extra work or expense. A rare blend of trendy design, long-term peace of mind, and a coveted location—this home is truly an exceptional find. This home will not disappoint...call your favorite agent today and schedule a showing!

Investor Tools

$219,984Estimated Mortgage Balance
$84,016Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Amy Gibbs

United Real Estate DFW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,372
$290,866
2025
$90,000
$200,866
$290,866
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,372
$290,866

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dmd Financial Corp
Conventional
$234,000
No
First
Mar 2, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,984
$84,016
27%
72%
$1,403/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,603/mo
+$1,357/mo
11.7%

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.

Explore Texas Explore This Area
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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305 Fisherman Trail | Property Details | No Agent List