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$583,343

3802 Macarthur Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,530 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.89 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Dryer, Gas Oven, Gas Water Heater, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12276-00F-0310-1
Lot Number31
SubdivisionLiberty Phase 7c (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 7C (CML), BLK F, LOT 31
Census Tract030207
Assessed Land Value$150,000
Assessed Improvement Value$433,343
Assessment Year2025

About this property

Beautiful Highland Home is still new with builder warranty. Open spacious, one story with high ceilings and 8 foot solid core doors. Upgrades in kitchen include 36 inch gas cooktop and upgraded smart double ovens, built in hutch, and level 3 Silestone. The master bedroom is extended and has a free standing tub in the master bath. Many designer touches and accents , level 4 wood flooring throughout main areas. Smart wired, additional lighting and flat screen ready in master, family room and patio, This home has over $40k in updates from the builder. New shutters will be installed on May 2. Recently purchased Washer, Dryer and refrigerator will convey. The front flower beds and trees have professionally installed stone borders.

Investor Tools

Property Icon
$583,343
Estimated Property Value
$300,000Estimated Mortgage Balance
$304,793Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
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
$708/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,576
$583,343
2025
$150,000
$433,343
$583,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,576
$583,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$300,000
No
First
Jul 29, 2022
Aug 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,550
$304,793
52%
48%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,449/mo
+$1,411/mo
7.9%

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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3802 Macarthur Dr | Property Details | No Agent List