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$705,407

NAL Estimated Property Value

3906 Chesapeake Way, Melissa, TX, 75454

$818,597 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,764 Sq Ft
price_per_sqft$185.97 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5.5Bathrooms Full 5.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan, Water Softener
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2023
Stories2
Garage Spaces3

Land Information

APNR-12697-00D-0130-1
Lot Number13
SubdivisionLiberty Phase 8c (Cml)
Land UseResidential
Legal DescriptionLIBERTY PHASE 8C (CML), BLK D, LOT 13
Census Tract030207
Assessed Land Value$150,000
Assessed Improvement Value$555,407
Assessment Year2025

About this property

A gently used Highland Home 222 plan available now! Super high ceilings throughout, a livable floor plan with a media room, study, guest bedroom and bathroom all on the first floor. Luxury flooring in the main areas, upgraded stone on the fireplace, large sliding glass doors in the living room. Enjoy the gourmet kitchen with two-tone cabinets, gas cooktop, designer tile, and quartz countertops. Spacious primary bathroom with his and hers vanity, a freestanding tub, unique hardware and more. The primary closet is huge and you’ll be amazed at all the other extra storage in the home, including the three car tandem garage. A generous 60’ size lot with the premium greenbelt behind the home. Take advantage of the amenities offered within the community including, the club house, pool and cabanas, splash pad, catch and release fishing, sports pavilion, and playgrounds. Conveniently located between Hwy 75 and Hwy 121, are you ready to embrace the serenity of small-town living? NO MUD OR PID.

Investor Tools

Property Icon
$705,407
Estimated Property Value
$0Estimated Mortgage Balance
$705,407Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$818,596
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,232 /month
Positive
Cash Flow Estimate:
$1,411 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,497/month
$770/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,432
$705,407
2025
$150,000
$555,407
$705,407
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,432
$705,407

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$705,407
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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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3906 Chesapeake Way | Property Details | No Agent List