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$438,000

3222 Sedge Grass Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,327 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.16 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesElectric Cooktop, Electric Oven, Microwave

Exterior

Lot Size6,273 sqft

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12909-00A-0060-1
Lot Number6
SubdivisionBryant Farms Phase 1 (Cml)
Land UseResidential
Legal DescriptionBRYANT FARMS PHASE 1 (CML), BLK A, LOT 6
Census Tract030201
Assessed Land Value$99,750
Assessed Improvement Value$291,736
Assessment Year2025

About this property

Welcome home to a brand new masterpiece of comfort and style. Step onto the covered porch, perfect for relaxing. Inside, find a flexible space with a walk-in closet and powder room. The California kitchen boasts an island and walk-in pantry, while the main floor owner's suite offers dual sinks and a walk-in shower. Upstairs, discover spacious bedrooms, a game room, and a bathroom. Enjoy extra storage, a covered patio, and a sprinkler system. This brand new home invites you to embrace luxurious living.

Investor Tools

Property Icon
$438,000
Estimated Property Value
$231,425Estimated Mortgage Balance
$215,979Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,628 /month
Positive
Cash Flow Estimate:
$876 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$485/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,627
$391,486
2025
$99,750
$291,736
$391,486
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,627
$391,486

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$231,425
No
First
Feb 29, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,021
$215,979
49%
51%
$1,388/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3222 Sedge Grass Dr | Property Details | No Agent List