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$568,344

3401 Sequoia Ln, Melissa, TX, 75454

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,481 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.34 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Double Oven, Washer
FlooringCombination

Exterior

Private PoolPrivate Pool
Lot Size6,631 sqft

Building Information

Year Built2015
Stories2
Garage Spaces2

Land Information

APNR-10717-00Q-0170-1
Lot Number17
SubdivisionNorth Creek Ii Phase 4 (Cml)
Land UseResidential
Legal DescriptionNORTH CREEK II PHASE 4 (CML), BLK Q, LOT 17
Census Tract030207
Assessed Land Value$120,000
Assessed Improvement Value$448,344
Assessment Year2025

About this property

Come see Stonehollow’s most desired floor plan, across from a beautiful park, with all the upgrades, and a pool! Inside you’ll discover hand-scraped hardwood flooring with porcelain tile in the bathrooms, laundry, and primary closets. The dining-flex room features a custom built-in bookcase. The primary bedroom has cathedral ceilings and a window seat. It adjoins a large bathroom with double walk-in closets one of which has a passthrough to the laundry room. The closets, laundry, and pantry feature modular shelving that can be configured any way you wish. Upstairs you’ll find 3 more bedrooms with one built out as a second primary bedroom. The living area, primary bedroom, and media room are all wired for surround sound. The laundry room and third car bay are wired for additional refrigerators. Outside you’ll have a low-maintenance saltwater fiberglass pool with removable solar shades covering the pool and outside living area.

Investor Tools

Property Icon
$568,344
Estimated Property Value
$599,900Estimated Mortgage Balance
$0Estimated Equity
-6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$962/month
$682/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,707
$568,344
2025
$120,000
$448,344
$568,344
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,707
$568,344

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Va
$599,900
Yes
First
Nov 4, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$583,893
N/A
0%
103%
$3,597/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$4,279/mo
$-419/mo
8.1%

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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3401 Sequoia Ln | Property Details | No Agent List