$385,578
NAL Estimated Property Value3706 Bastrop St, Melissa, TX, 75454
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Water Softener
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesRain Gutters
Lot Size5,227 sqft
Building Information
Year Built2018
Stories1
Garage Spaces2
Land Information
APNR-11410-0BB-0150-1
Lot Number15
SubdivisionVillages Of Melissa Phase 3 (Cml)
Land UseResidential
Legal DescriptionVILLAGES OF MELISSA PHASE 3 (CML), BLK BB, LOT 15
Census Tract030206
Assessed Land Value$100,000
Assessed Improvement Value$285,578
Assessment Year2025
About this property
This brick home home is 5 years new! It sits up on a hill, so you can enjoys the views from your inviting front porch! 3BR PLUS an OFFICE! Oversized patio & turf in backyard (low maintenance)! Open floorplan featuring island kitchen with breakfast bar, granite, gas cooktop, ss appliances. Living area with fireplace. Whole house water softener system. Located in a great neighborhood within the fabulous Melissa ISD school zone!
Investor Tools
$385,578
Estimated Property Value
$181,052Estimated Mortgage Balance
$204,526Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,313 /month
Positive
Cash Flow Estimate:
$771 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,676
$385,578
2025
$100,000
$285,578
$385,578
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,676
$385,578
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$201,750
No
First
Jan 6, 2021
Feb 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,052
$204,526
53%
47%
$1,210/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,210/mo
+$1,750/mo
9.2%
