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$494,917

NAL Estimated Property Value

3824 Chicory Court, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.73 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
FlooringCarpet

Exterior

Lot Size8,146 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-12077-00B-0240-1
Lot Number24
SubdivisionMeadow Run Phase 1 (Cml)
Land UseResidential
Legal DescriptionMEADOW RUN PHASE 1 (CML), BLK B, LOT 24
Census Tract030201
Assessed Land Value$150,150
Assessed Improvement Value$344,767
Assessment Year2025

About this property

Closed with Builder May 2021. No PID. No MUD. Barely lived in. On cul de sac. Backs to walking trails. 2.5 car garage includes 16x5 storage area. The front porch views cul da sac and walkway to the community pool. Wood-look floors downstairs except carpet in master. The formal room can be a study, living, or dining. The awesome kitchen has quartz countertops, pendant lights, decorator b-splash, stainless steel appliances, gas cooktop, under-mount sink, b-bar, can lights, and a walk-in pantry (5x5). Open family room with wall of windows, wall for ent center or huge flat-screen TV. Split big master down. The Master bath has 2 sinks, an oversized shower with a tiled pan, plus walk-in and linen closets. Upstairs game room plus 3 big bedrooms - all with walk-in closets. Covered patio. Big backyard with steel fence posts and side gate access to walking trail. Tech Shield. Tankless hot water heater. Community pool. Playground. Walking Trails.

Investor Tools

Property Icon
$494,917
Estimated Property Value
$382,542Estimated Mortgage Balance
$112,375Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,059 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,116
$494,917
2025
$150,150
$344,767
$494,917
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,116
$494,917

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial Bank Of Texas Na
Stand Alone Second / Subordinate Position
$412,000
No
First
Jul 25, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,542
$112,375
22%
77%
$2,471/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,471/mo
+$389/mo
9.4%

City: Melissa

3824 Chicory Court | Property Details | No Agent List