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$390,000

3413 Cedar Ln, Melissa, TX, 75454

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,053 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.97 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Building Information

Garage Spaces2

About this property

It's hot out there, why not capitalize on this smoking hot deal! This is the best bang for your buck in North Creek! This move in ready home located in the heart Melissa is waiting for you! Versatile plan with a 3 way bedroom split, 4th bedroom has french doors and currently used as a study. New carpet, fresh paint, and very clean!! Wood floors in entry and dining. Open kitchen has knotty alder cabinets, granite countertops, stainless appliances and tumbled marble backsplash. Seperate vanities in the primary bathroom with granite counters and knotty alder cabinets. Extended patio with slate tile and board on board cedar fence in the backyard. Close to the Collin County Outer Loop, this one is one you don't want to miss!

Investor Tools

$0Estimated Mortgage Balance
$201,397Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,532 /month
Positive
Cash Flow Estimate:
$844 /month

Interested in this property?

Tommy Apligian

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
$196/month
5.947%

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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3413 Cedar Ln | Property Details | No Agent List