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Days67Days on Market
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$1,599,995

$1,700,000

3100 E Melissa Rd, TX, 75454

On MarketInfo
Price DropInfo
Beds5 Beds
Baths4 Bath
Baths4,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$342.32 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Other
FlooringCarpet, Hardwood

Exterior

Lot Size2.47 acres

Building Information

Year Built2023
Stories2
Garage Spaces5

Land Information

APNR-6867-001-0430-1
Lot Number43
SubdivisionWilliam Sanders Survey
Land UseResidential
Legal DescriptionABS A0867 WILLIAM SANDERS SURVEY, SHEET 1, TRACT 43, 2.473 ACRES
Census Tract030201
Assessed Land Value$195,862
Assessed Improvement Value$989,138
Assessment Year2025

About this property

Under Recent Appraised Value! Welcome to an unparalleled masterpiece where modern luxury meets serene sophistication on 2.47 acres backing a private creek. This custom-designed smart home redefines elegance with soaring ceilings, Woodland Reserve Creekside Sawn White Oak wire-brushed hardwood floors, and quartz countertops throughout. The chef’s kitchen boasts Zline appliances, including a 48” propane stovetop with double oven, 30” wall oven and microwave, double dishwasher, and under-cabinet beverage fridge, complemented by waterfall quartz countertops and matching backsplash. Two 32” KRAUS Bellucci granite composite sinks enhance functionality, while a walk-in pantry with a sink adds convenience. The main living area features a gas fireplace with built-in storage, a floor plug for flexible layouts, and a glass-enclosed wine cellar. Retreat to the master suite with a light-up ceiling, electric fireplace, and spa-like bathroom offering an Alpha bidet, dual shower with rain head, skylight, and stand-alone garden tub. Smart home technology, including Z-Wave switches, 5 alarm cameras, and 3 touchscreen control centers, allows seamless control of lights and thermostat. The media room, hidden behind a bookshelf door, boasts a 132” projector screen, 8K Ultra-HD receiver, and MartinLogan speakers, plus a beverage fridge and private balcony. Outside, a wood-burning fireplace warms the back patio, joined by an outdoor kitchen with a Traeger Timberland XL and kegerator. Titanium black quartzite stone, cedar siding, and black modern pebble landscaping frame the shingle-roofed estate, with a 3-car extended garage and custom black-trim windows. A 1,260 sq ft metal building with an 840 sq ft porch, pre-plumbed for a bathroom, offers endless possibilities. Experience luxury living with unmatched privacy and creek views. Schedule your private tour today!

Investor Tools

$809,344Estimated Mortgage Balance
$377,329Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,600 /month
Positive
Cash Flow Estimate:
$3,200 /month

Interested in this property?

Alex Maloney

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,040/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,560
$1,185,000
2025
$195,862
$989,138
$1,185,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,560
$1,185,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Building Or Construction Loan
$835,000
No
First
Aug 28, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$809,344
$922,656
53%
68%
$5,556/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$5,556/mo
$-1,696/mo
3.9%

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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3100 E Melissa Rd | Property Details | No Agent List