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$730,000

NAL Estimated Property Value

33 Country Ridge Rd, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,761 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$271.64 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting, Storage
Lot Size1.78 acres

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-0630-000-0500-1
Lot Number50
SubdivisionCountry Ridge Phase 1 (Cml)
Land UseResidential
Legal DescriptionCOUNTRY RIDGE PHASE 1 (CML), LOT 50
Census Tract030206
Assessed Land Value$387,947
Assessed Improvement Value$342,053
Assessment Year2025

About this property

Experience contemporary country living in the cherished gated neighborhood of Country Ridge Estates. This enchanting abode, occupying close to 2 acres with a pond, emanates a charming ambiance with sparkling pool with natural stone patio. Upon entering, you'll be captivated with the stained beadboard ceiling, hardwood flooring and rustic stone wood burning fireplace. Dedicated kitchen impresses with butcher block island with granite countertops, all high-end KitchenAid appliances and decorative built-in hutch with buffet. First floor primary suite is a true sanctuary, offering direct access to the backyard pool and features a spa-like bath with designer tile, free-standing tub, walk-in shower and an extended dual sink marble vanity. Main level also offers first floor guest suite with bath and a separate flex space with French doors, ideal for formal dining or office. Generously sized secondary bedrooms and third full bath located up.  Zoned to highly rated & acclaimed Melissa Schools.

Investor Tools

Property Icon
$730,000
Estimated Property Value
$0Estimated Mortgage Balance
$730,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,166/month
$925/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,340
$730,000
2025
$387,947
$342,053
$730,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,340
$730,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$730,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$925/mo
+$2,935/mo
6.3%

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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33 Country Ridge Rd | Property Details | No Agent List