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$635,000

3713 Republic Trail, Melissa, TX, 75454

$664,731 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.66 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size9,540 sqft

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-11770-00E-0120-1
Lot Number12
SubdivisionLiberty
Land UseResidential
Legal DescriptionLIBERTY PHASE 5 (CML), BLK E, LOT 12
Census Tract030207
Assessed Land Value$122,850
Assessed Improvement Value$340,962
Assessment Year2025

About this property

YOU FOUND THE ONE!!! This FABULOUS former model home, perfectly placed on a roomy corner lot across from a sweet park right on the cul-de-sac with a 2.5 car garage with an electric car charger! WOW landscaping is amazing with beds lined in gorgeous rock & thoughtfully planted flowers & shrubs to bring a beautiful drive up for years to come! The sellers have thoughtfully added updates to make this home even more special with a custom closet, 2” blinds thru out, awesome shelving & even made the formal dining room into an additional living room. Every inch of this home was thoughtfully chosen by the builder’s interior designer to appeal to even the pickiest buyer, from the rich hardwood floors, shaker cabinets in an espresso stain, light high-level tile in baths, an elegant rotunda foyer to welcome you home, Ledgestone fireplace with gas starter & logs, accents of blues, window seats galore, a shaded back patio with a view of the pond, upgraded appliances, custom window treatments & window seat cushions! Bloomfield's Carolina IV plan is a very popular two-story with a fully loaded first story & fabulous entertainment space on the second story! First floor Primary Suite, 2 secondary bedrooms, office or possible 5th bedroom & formal dining or flex room make up the first floor, while the second level has a game room with a small office or homework area, 14x14 media room & large 17x14 bedroom with a hall bath that is a great secondary bedroom which would make a great 2nd primary for the perfect multi-generational home! You will love the views of the park, small lake to the right of the property, walking distance to the Harry McKillop Elem, wonderful community pool, basketball courts, catch & release ponds is a block away! This is living in Liberty, what is not to love!!! Melissa still has a small town feel but with all the comforts of the big city! Starbucks, HEB, new Kroger, awesome dining, fast food & EVEN Buc-ees all with in a 10 min drive!

Investor Tools

$132,218Estimated Mortgage Balance
$484,782Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$664,730
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

Interested in this property?

Vicki Appleby

Coldwell Banker Apex, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,008/month
$378/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,010
$463,812
2025
$122,850
$340,962
$463,812
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,010
$463,812

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rlm Mortgage Llc
Conventional
$135,000
No
First
Mar 31, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,218
$484,782
78%
21%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$1,188/mo
+$2,672/mo
7.5%

City: Melissa

3713 Republic Trail | Property Details | No Agent List