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$396,989

3806 Kendall, Melissa, TX, 75454

SoldInfo
7/23/26
Beds4 Beds
Baths2 Bath
Baths2,033 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,227 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-11410-0CC-0300-1
Lot Number30
SubdivisionVillages Of Melissa Phase 3 (Cml)
Land UseResidential
Legal DescriptionVILLAGES OF MELISSA PHASE 3 (CML), BLK CC, LOT 30
Census Tract030206
Assessed Land Value$100,000
Assessed Improvement Value$296,989
Assessment Year2025

About this property

For Sale or Lease One-story single-family home on Kendall Road in the Villages of Melissa Ph 3 subdivision in Melissa, Texas 75454 offering 2,033 sq ft of functional living space with a flexible layout and access to community amenities in Collin County. This well-maintained home features an open-concept design where the living room with a fireplace connects seamlessly to the dining area and kitchen, creating a central space for everyday living and gatherings. The kitchen includes granite countertops, a kitchen island, built-in cabinets, pantry, gas cooktop, built-in gas range, microwave, and dual sinks, along with a layout designed for practical use. The home offers 3 bedrooms plus a dedicated study with a closet that can function as an optional 4th bedroom, guest room, playroom, or additional living space, along with a built-in office niche for work-from-home needs. The primary suite is positioned at the rear of the home with a walk-in closet and ensuite bath, while two additional bedrooms provide supporting living space. Interior updates include fresh paint and brand-new carpet. Flooring includes carpet and ceramic tile, and the home also features decorative lighting, double vanity, and high-speed internet availability. Landlord prefers no pets but will accept a responsible dog owner. No agressive breeds,under 30 lbs Exterior features include brick, stone, and fiber cement construction, a composition roof, covered patio, and a 2-car garage on a 50 x 105 lot. With access to a swimming pool, playground, park, pickleball courts, sidewalks, and other shared amenities. Located near US-75, the home provides convenient access to nearby shopping, dining, and services, and is served by Melissa ISD including Highland Elementary, Melissa Middle, and Melissa High School.

Investor Tools

Property Icon
$396,989
Estimated Property Value
$230,000Estimated Mortgage Balance
$183,434Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,382 /month
Positive
Cash Flow Estimate:
$794 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$818/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,834
$396,989
2025
$100,000
$296,989
$396,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,834
$396,989

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$230,000
No
First
Sep 20, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,555
$187,445
46%
54%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$1,704/mo
+$2,156/mo
11.7%

Learn About the Market: Opportunity in Texas

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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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