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$383,497

NAL Estimated Property Value

3807 Brazos St, Melissa, TX, 75454

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,875 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.8 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,271 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-11470-0DD-0070-1
Lot Number7
SubdivisionVillages Of Melissa Phase 4 (Cml)
Land UseResidential
Legal DescriptionVILLAGES OF MELISSA PHASE 4 (CML), BLK DD, LOT 7
Census Tract030206
Assessed Land Value$100,000
Assessed Improvement Value$283,497
Assessment Year2025

About this property

Blink and you will miss out on this home loaded with upgrades. Shows like new in highly sought after Villages of Melissa. The development has community pools, hike and bike trail, playground and clubhouse. Fantastic drive up with extra landscaping. Easy to maintain tile floors in most of the home. Custom decor and paint throughout. Awesome patio with pergola. Private study with French doors for privacy, The chef's kitchen features a large island with a breakfast bar, granite counters, stainless appliances and a gas range. Spacious master suite and bath feature double sink vanity, large walk-in closet, garden tub and separate shower. Showings start February 6th at 10:00 AM.

Investor Tools

Property Icon
$383,497
Estimated Property Value
$212,625Estimated Mortgage Balance
$170,872Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,301 /month
Positive
Cash Flow Estimate:
$767 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$679/month
$190/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,234
$383,497
2025
$100,000
$283,497
$383,497
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,234
$383,497

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rlm Mortgage
Conventional
$236,000
No
First
Mar 16, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,625
$170,872
44%
55%
$1,415/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,605/mo
+$1,355/mo
9.3%

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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3807 Brazos St | Property Details | No Agent List