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$650,000

3204 Malcolm Rd, Melissa, TX, 75454

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,426 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.73 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size10,977 sqft

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12709-00J-0010-1
Lot Number1
SubdivisionMilrany Ranch Phase 2 (Cml)
Land UseResidential
Legal DescriptionMILRANY RANCH PHASE 2 (CML), BLK J, LOT 1
Census Tract030201
Assessed Land Value$149,500
Assessed Improvement Value$435,079
Assessment Year2025

About this property

Built in 2023, this beautifully designed 4-bedroom, 3.5-bath home offers 3,426 square feet of thoughtfully planned living space on a landscaped corner lot in Milrany Ranch. The open-concept interior features luxury vinyl plank flooring, decorative lighting, wainscoting, and a spacious living room centered around an electric fireplace. The kitchen is equipped with granite countertops, a large island, breakfast bar, gas cooktop, walk-in pantry, built-in cabinetry, and adjoining breakfast and formal dining areas. The main-level primary suite includes a sitting area, walk-in closet, garden tub, separate shower, and dual sinks, while a second downstairs bedroom with an ensuite bath provides an ideal in-law or guest suite. A private office, separate utility room, and built-in mudroom add everyday convenience. Upstairs, two additional bedrooms are joined by a game room and dedicated media room. Outside, enjoy covered front and rear porches, a large grassy backyard, park views, and both wood and wrought-iron fencing. Residents also have access to a community pool, playground, sidewalks, and jogging and biking paths, all within Melissa ISD.

Investor Tools

$545,914Estimated Mortgage Balance
$38,665Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Angie Glidewell

M&D Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,006/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,148
$584,579
2025
$149,500
$435,079
$584,579
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,148
$584,579

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$574,750
No
First
Nov 20, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$545,914
$38,665
6%
93%
$3,446/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.

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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3204 Malcolm Rd | Property Details | No Agent List