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$401,177

NAL Estimated Property Value

3825 Mason Dr, Melissa, TX, 75454

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,017 Sq Ft
price_per_sqft$185.92 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt In Gas Range, Disposal, Microwave

Exterior

Lot Size5,271 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-11470-0EE-0130-1
Lot Number13
SubdivisionVillages Of Melissa Phase 4 (Cml)
Land UseResidential
Legal DescriptionVILLAGES OF MELISSA PHASE 4 (CML), BLK EE, LOT 13
Census Tract030206
Assessed Land Value$100,000
Assessed Improvement Value$301,177
Assessment Year2025

About this property

Welcome to 3825 Mason Drive in Melissa, Texas, a well-maintained home offering comfort and convenience in a desirable location. This property features a functional layout with spacious living areas, a well-appointed kitchen, and comfortable bedrooms designed for everyday living. The backyard provides room for relaxing or entertaining, while the neighborhood offers a quiet setting with easy access to schools, parks, shopping, and dining. Located near major roadways for a convenient commute, this home is ideal for buyers seeking a balance of small-town charm and modern accessibility. Perfect for first-time buyers, growing households, or investors looking for a solid opportunity in Melissa.

Investor Tools

Property Icon
$401,177
Estimated Property Value
$78,972Estimated Mortgage Balance
$322,205Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,407 /month
Positive
Cash Flow Estimate:
$802 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,974
$401,177
2025
$100,000
$301,177
$401,177
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,974
$401,177

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$90,000
No
First
Mar 12, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,972
$322,205
80%
20%
$540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$1,190/mo
+$2,670/mo
11.5%

City: Melissa

3825 Mason Dr | Property Details | No Agent List