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$403,381

NAL Estimated Property Value

3109 Aspen Way, Melissa, TX, 75454

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,694 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.22 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2012
Stories2
Garage Spaces2

Land Information

APNR-8672-00A-0030-1
Lot Number3
SubdivisionTrails Of Melissa Phase I (Cml)
Land UseResidential
Legal DescriptionTRAILS OF MELISSA PHASE I (CML), BLK A, LOT 3
Census Tract030201
Assessed Land Value$99,750
Assessed Improvement Value$303,631
Assessment Year2025

About this property

Great curb appeal as you drive up to this 2012 Plantation home. As you enter the home you are greeted with a 2 story entryway and a private home office. This floorplan is fantastic if you're looking for an open concept layout. The kitchen features an eat-in island, stainless steel appliances including a gas stove with a griddle cooktop that is smartphone accessible. Also on the first floor is the master bedroom, large enough to accommodate a sitting area. The master bath has a huge walk-in shower and double sinks. Upstairs offers 3 large bedrooms, a media room & a game room. The home has several hi-tech options, including Ecobee 4 thermostats, nest doorbell, keyless entry & a hive sprinkler system.

Investor Tools

Property Icon
$403,381
Estimated Property Value
$239,893Estimated Mortgage Balance
$163,488Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,420 /month
Positive
Cash Flow Estimate:
$807 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
$94/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,544
$403,381
2025
$99,750
$303,631
$403,381
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,544
$403,381

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$270,019
Yes
First
Aug 24, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,893
$163,488
40%
59%
$1,619/mo

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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3109 Aspen Way | Property Details | No Agent List