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$413,175

3608 Bastrop St, Melissa, TX, 75454

SoldInfo
7/27/26
Beds5 Beds
Baths2 Bath
Baths2,163 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.09 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,227 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-11410-0BB-0210-1
Lot Number21
SubdivisionVillages Of Melissa Phase 3 (Cml)
Land UseResidential
Legal DescriptionVILLAGES OF MELISSA PHASE 3 (CML), BLK BB, LOT 21
Census Tract030206
Assessed Land Value$100,000
Assessed Improvement Value$313,175
Assessment Year2025

About this property

Just reduced to $395,000! The seller is offering an interest rate buydown to 5.75% with our preferred lender. Welcome to this spacious 5-bedroom open-concept home in the Villages of Melissa. Thoughtfully designed with a three-way bedroom split for privacy and multiple flexible rooms ideal for dual home offices, the floorplan provides excellent flow for family life and entertaining. Enjoy community amenities including a pool, playground, park with pickleball and a putting green. The private backyard features a large pergola, perfect for outdoor living.The neighborhood is minutes from Hwy 75 for an easy commute.

Investor Tools

Property Icon
$413,175
Estimated Property Value
$265,050Estimated Mortgage Balance
$177,696Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,479 /month
Positive
Cash Flow Estimate:
$826 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,826
$413,175
2025
$100,000
$313,175
$413,175
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,826
$413,175

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pilgrim Mortgage Llc
Conventional
$265,050
No
First
Oct 12, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,958
$177,217
42%
57%
$1,590/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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3608 Bastrop St | Property Details | No Agent List