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$463,023

NAL Estimated Property Value

3304 Timberline Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,238 Sq Ft
price_per_sqft$178.69 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesNone

Exterior

Lot Size10,716 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-11500-00A-0140-1
Lot Number14
SubdivisionBrookside Phase 1 (Cml)
Land UseResidential
Legal DescriptionBROOKSIDE PHASE 1 (CML), BLK A, LOT 14
Census Tract030207
Assessed Land Value$134,550
Assessed Improvement Value$328,473
Assessment Year2025

About this property

Welcome to this beautifully designed home in the sought-after Melissa ISD. Offering exceptional accessibility, the property features wheelchair access throughout, a roll-in shower with a fold-down seat, and a bidet seat in the primary bathroom for added convenience. The spacious primary suite boasts dual sinks, a garden tub, a separate shower, and a walk-in closet. With four bedrooms plus a private study behind elegant French doors, this home is perfect for both work and relaxation. The open-concept kitchen is a chef's dream, featuring a breakfast bar, built-in cabinets, a kitchen island, and a walk-in pantry, all accented by beautiful natural stone countertops. The adjacent breakfast room is perfect for casual meals, while the spacious living room offers a great space for gatherings. Set in a community with a low annual HOA, you'll enjoy peaceful living with easy access to top-rated schools, parks, and shopping. This home has everything you need for comfort and convenience!

Investor Tools

Property Icon
$463,023
Estimated Property Value
$314,082Estimated Mortgage Balance
$148,941Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,778 /month
Positive
Cash Flow Estimate:
$926 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$727/month
$1,350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,407
$463,023
2025
$134,550
$328,473
$463,023
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,407
$463,023

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flexpoint Inc
Va
$323,200
Yes
First
Oct 31, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,082
$148,941
32%
68%
$1,938/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,288/mo
+$572/mo
10.0%

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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3304 Timberline Dr | Property Details | No Agent List