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$655,000

NAL Estimated Property Value

3616 Jersey Road, Melissa, TX, 75454

$702,473 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,032 Sq Ft
price_per_sqft$116.57 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Water Softener, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,200 sqft

Building Information

Year Built2018
Stories2
Garage Spaces3

Land Information

APNR-11083-00A-0110-1
Lot Number11
SubdivisionLiberty Phase 4 (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 4 (CML), BLK A, LOT 11
Census Tract030207
Assessed Land Value$165,000
Assessed Improvement Value$470,465
Assessment Year2025

About this property

Looking for a new home without the wait? This stunning 2018 build in sought after Liberty community is the only floor plan in the neighborhood! Situated next to a greenbelt, this home has it all, 3 car tandem garage, 5 bedrooms with a game room and enclosed media room and an office that has a large closet located on the first floor, along with the master suite and another bedroom down, mud bench, water softener, hardwood floors, updated fixtures, covered patio, large pool sized backyard, double oven, open floor plan, and money saving energy efficiencies throughout.

Investor Tools

Property Icon
$655,000
Estimated Property Value
$423,718Estimated Mortgage Balance
$231,282Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$702,473
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,930 /month
Positive
Cash Flow Estimate:
$1,310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,135/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,348
$635,465
2025
$165,000
$470,465
$635,465
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,348
$635,465

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Va
$475,000
Yes
First
Oct 8, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$423,718
$231,282
35%
65%
$2,848/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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3616 Jersey Road | Property Details | No Agent List