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$1,320,000

NAL Estimated Property Value

34 Trailridge Drive, Melissa, TX, 75454

$1,557,134 ARVInfo
Off MarketInfo
Beds6 Beds
Baths5 Bath
Baths6,416 Sq Ft
price_per_sqft$183.92 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 5Bathrooms 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Range, Ice Maker, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Lighting, Private Yard, Storage
Lot Size1.44 acres

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-1561-000-1060-1
Lot Number106
SubdivisionCountry Ridge Phase Iii (Cml)
Land UseResidential
Legal DescriptionCOUNTRY RIDGE PHASE III (CML), LOT 106
Census Tract030206
Assessed Land Value$333,001
Assessed Improvement Value$975,105
Assessment Year2025

About this property

Incredible Outdoor Dreamscape located on nearly 1.5 acres in the gated community of Country Ridge Estates. This backyard is a true sanctuary, prepped with all the right bells & whistles from the Infinity Edge Paradise-Status Pool to the Decked Out Pavilion on the newly added 1,200sqft Cedar Deck, overlooking hundreds of trees. This one-owner custom built features: Enhanced Engineered Foundation, Handscraped Oak Floors, Full Caterer's Kitchen off the Main Kitchen, 33ft Vaulted Wood-Beamed Living Room with Floor-to-Ceiling Auston Stone Fireplace and a Master Suite with attached flex room, perfect for a workout space, second office or nursery. Recent Upgrades: New Pool Equipment, AC, Tankless Water Heater & Roof!

Investor Tools

Property Icon
$1,320,000
Estimated Property Value
$691,837Estimated Mortgage Balance
$628,163Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,557,133
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,920 /month
Positive
Cash Flow Estimate:
$2,640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,392/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,108
$1,308,106
2025
$333,001
$975,105
$1,308,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,108
$1,308,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$700,000
No
First
Sep 29, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$691,837
$628,163
47%
52%
$4,197/mo

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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34 Trailridge Drive | Property Details | No Agent List