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$348,000

NAL Estimated Property Value

31738 Melkridge Road, Fulshear, TX, 77441

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,276 Sq Ft
price_per_sqft$147.19 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Wood

Exterior

Exterior FeaturesBack Green Space
Lot Size6,176 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APN7899-04-003-0100-901
Lot Number10
SubdivisionTamarron West Sec 4
Land UseResidential
Legal DescriptionTAMARRON WEST SEC 4, BLOCK 3, LOT 10
Census Tract673202
Assessed Land Value$59,800
Assessed Improvement Value$277,148
Assessment Year2025

About this property

Welcome to this stunning Mitchell floor plan. This home offers open concept layout boosting natural light. 4 bedrooms (2 down), 3 full baths and Game Room. Owner and private Guest Suite are are conviniently located on first floor. Rev wood floors throughout common area. Chef's caliber Gourmet Kitchen with upgraded counter tops, stainless steel appliances. Owners suite offers spa inspired bath with dual vanities, oversized walk in shower and generous walk in clost. Upstairs you will find spacious Game Room, two bedrooms and a full bath. Additional highlights include security system, cultured marble countertops in all bathrooms, covered patio, utility room in-house, energy-efficient HERS-rated construction, and Smart Home automation with Amazon Echo integration. Conveniently located near top-rated schools, shopping, dining, and major commuter routes, this home offers the perfect combination of style, comfort, and functionality. Schedule your private showing today!

Investor Tools

Property Icon
$348,000
Estimated Property Value
$292,853Estimated Mortgage Balance
$55,147Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
$1,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,612
$336,948
2025
$59,800
$277,148
$336,948
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,612
$336,948

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$306,774
No
First
Dec 12, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,853
$55,147
15%
84%
$1,840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$3,090/mo
$-830/mo
7.8%

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: Fulshear

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