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$458,796

NAL Estimated Property Value

3418 Charleston Drive, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,095 Sq Ft
price_per_sqft$156.52 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Gas Cooktop, Microwave, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting
Lot Size6,240 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-11635-00Q-0180-1
Lot Number18
SubdivisionLiberty Phase 6 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 6 (CML), BLK Q, LOT 18
Census Tract030207
Assessed Land Value$140,000
Assessed Improvement Value$318,796
Assessment Year2025

About this property

This move-in ready 2019 Highland Home is ready for a new owner! Open floor plan, high ceilings, 8 ft doors, & natural light make this home feel huge. Spacious living room with stone fireplace & grand feature barn door. Chef’s kitchen with a massive island, gas cooktop, gorgeous granite counters, upgraded plumbing fixtures & tons of cabinet space. Split front bedrooms & separated 4th bedroom that could be used as game room or study. Enjoy your morning coffee on the front porch or back closed in patio! Upgrades include updated light fixtures, screened in patio, Nest thermostat & exterior uplighting. Wonderful schools in Melissa ISD & tremendous neighborhood amenities! Walking distance to elementary.

Investor Tools

Property Icon
$458,796
Estimated Property Value
$185,170Estimated Mortgage Balance
$273,626Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,753 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,788
$458,796
2025
$140,000
$318,796
$458,796
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,788
$458,796

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$208,000
No
First
Sep 3, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,170
$273,626
59%
40%
$1,248/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$1,898/mo
+$1,962/mo
10.1%

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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3418 Charleston Drive | Property Details | No Agent List