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$344,000

3609 Bastrop St, Melissa, TX, 75454

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,897 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.34 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,231 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNR-11410-00W-0210-1
Lot Number21
SubdivisionVillages Of Melissa Phase 3 (Cml)
Land UseResidential
Legal DescriptionVILLAGES OF MELISSA PHASE 3 (CML), BLK W, LOT 21
Census Tract030206
Assessed Land Value$105,000
Assessed Improvement Value$281,808
Assessment Year2025

About this property

Extremely well maintained home, perched high on corner lot. Home is very open with high ceilings and stainless appliances. Kitchen has plenty of cabinet and granite countertop space with a beautiful island and breakfast bar. Living room, dining area and kitchen really form one open space. Living has a fireplace and plenty of space to relax. Master is large with tub and a shower, walk in closet and linen. Two other bedrooms share a nice full bathroom. Great covered porch out back to enjoy your solitude. Wonderful community, large park with pond is close and the ISD has many facilities such as a stadium track you can use. The school district is outstanding.

Investor Tools

$93,271Estimated Mortgage Balance
$293,992Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,321 /month
Positive
Cash Flow Estimate:
$774 /month

Interested in this property?

George James

George James Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,413
$386,808
2025
$105,000
$281,808
$386,808
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,413
$386,808

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$112,738
No
First
Jan 25, 2018
Feb 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,271
$293,537
75%
24%
$676/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,001/mo
+$1,959/mo
9.2%

City: Melissa

3609 Bastrop St | Property Details | No Agent List