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$409,984

3211 Van Zandt Road, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.44 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APNR-8704-00M-0140-1
Lot Number14
SubdivisionVillages Of Melissa Phase 1 (Cml)
Land UseResidential
Legal DescriptionVILLAGES OF MELISSA PHASE 1 (CML), BLK M, LOT 14
Census Tract030206
Assessed Land Value$120,000
Assessed Improvement Value$289,984
Assessment Year2025

About this property

Large lot that backs to trees!! This adorable home shows like new and has lots of extras. Stainless steel appliances, granite counters, double cabinets in the utility room, front and back covered porches and a concrete pad in the backyard for a storage shed or extra patio. The 70X144 lot feels roomy and spacious with lots of space between neighbors. Open floorplan, split bedrooms and large kitchen with lots of cabinets. The dining room is currently being used as play room for kids. Close to Melissa MS, Melissa Ridge Intermediate School, parks and community pool. The back fence is maintained by the HOA and was just replaced in 2018.

Investor Tools

Property Icon
$409,984
Estimated Property Value
$0Estimated Mortgage Balance
$159,369Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,757
$409,984
2025
$120,000
$289,984
$409,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,757
$409,984

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$271,890
No
First
Mar 2, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,615
$159,369
38%
61%
$1,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$1,631/mo
+$2,229/mo
11.3%

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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3211 Van Zandt Road | Property Details | No Agent List