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$480,251

NAL Estimated Property Value

3315 Sequoia Ln, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,573 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,772 sqft

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-11183-00Q-0100-1
Lot Number10
SubdivisionNorth Creek Estates Phase 2 (Cml)
Land UseResidential
Legal DescriptionNORTH CREEK ESTATES PHASE 2 (CML), BLK Q, LOT 10
Census Tract030207
Assessed Land Value$115,000
Assessed Improvement Value$365,251
Assessment Year2025

About this property

Welcome to this stunning, impeccably maintained two-story home nestled in the highly desirable North Creek Community. Built in 2018 and still in like-new condition, this residence blends luxury, style, and everyday comfort. Boasting 2,573 square feet, the home features 4 spacious bedrooms, 3.5 bathrooms, a dedicated office, formal dining room, expansive living room with vaulted ceilings and a cozy fireplace, a versatile game room, and a separate utility room. The open-concept floorplan is filled with natural light, creating an inviting atmosphere throughout. The gourmet kitchen is a chef’s dream with granite countertops, stainless steel appliances, gas cooking, double oven, abundant cabinetry, a large island, and a walk-in pantry. The generous living area overlooks the fenced backyard and a beautifully extended covered patio complete with an outdoor kitchen island—perfect for entertaining. The private office is ideally positioned near the front entry, while the serene primary suite is tucked at the rear of the home and features a spa-like bathroom and a large walk-in closet. Upstairs offers additional living space with a game room, three secondary bedrooms, and two full bathrooms. Enjoy access to top-tier community amenities including a scenic lake, resort-style pool, fitness center, jogging trails, and playgrounds. Located within the highly acclaimed Melissa ISD and conveniently close to shopping and dining, this home truly has it all.

Investor Tools

Property Icon
$480,251
Estimated Property Value
$280,026Estimated Mortgage Balance
$200,225Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,882 /month
Positive
Cash Flow Estimate:
$961 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$839/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,670
$480,251
2025
$115,000
$365,251
$480,251
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,670
$480,251

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$309,600
No
First
May 14, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,026
$200,225
41%
58%
$1,857/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,857/mo
+$1,103/mo
7.4%

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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3315 Sequoia Ln | Property Details | No Agent List