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$750,000

NAL Estimated Property Value

40 Meadowcreek Drive, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,573 Sq Ft
price_per_sqft$209.91 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters, Garden

Building Information

Garage Spaces3

About this property

Sunsets to swoon over on nearly 2 Acres in the coveted gated community of Country Ridge Estates! This well maintained, one owner-custom home sits on one of the largest and most private lots in the neighborhood; boasting fruit trees, lush landscaping and an oasis style pool. Floorplan highlights include a First Floor Master Suite, Downstairs Guest Suite, Two Large Dining Areas and Three Living Spaces. Upstairs features an oversized gameroom-media space and two jack & jill bedrooms with balcony access with views of the tree-lined backyard. A dedicated separate office space with hardwoods, could easily be used as a 5th bedroom. Zoned to the Highly Acclaimed Melissa Schools!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$840/month
5.947%

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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40 Meadowcreek Drive | Property Details | No Agent List