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$445,825

NAL Estimated Property Value

3406 Herron Dr, Melissa, TX, 75454

Recently SoldInfo
9/21/26
Beds4 Beds
Baths2 Bath
Baths2,203 Sq Ft
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size6,622 sqft

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-10856-00B-0200-1
Lot Number20
SubdivisionMagnolia Ridge Phase 1 (Cml)
Land UseResidential
Legal DescriptionMAGNOLIA RIDGE PHASE 1 (CML), BLK B, LOT 20
Census Tract030207
Assessed Land Value$120,000
Assessed Improvement Value$325,825
Assessment Year2025

About this property

Welcome to this beautifully maintained 1.5-story home in the desirable Magnolia Ridge community of Melissa! This home combines comfort, style, and functionality. The open-concept floor plan features abundant natural light, neutral finishes, upgraded white cabinetry, and luxury vinyl wood flooring throughout the main living areas. The spacious kitchen opens seamlessly to the living and dining areas, making it ideal for both everyday living and entertaining. The private primary suite boasts dual vanities, granite countertops, a garden tub, separate shower, and a generous walk-in closet. All bedrooms are conveniently located on the first floor, while the upstairs flex space provides endless possibilities as a game room or bedroom. Enjoy relaxing outdoors on the covered patio overlooking the large backyard. Conveniently located with easy access to Hwy 75, Hwy 121, and Hwy 5, and served by highly acclaimed Melissa ISD schools. Don’t miss this exceptional opportunity to call Magnolia Ridge home! Fridge, washer and dryer included.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$931/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,943
$445,825
2025
$120,000
$325,825
$445,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,943
$445,825

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$427,500
No
First
Jul 25, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,496
$50,329
11%
89%
$2,564/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,564/mo
+$396/mo
8.0%

City: Melissa

3406 Herron Dr | Property Details | No Agent List