Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$975,000

40 Trailridge Dr, Melissa, TX, 75454

PendingInfo
Beds4 Beds
Baths4 Bath
Baths3,367 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.58 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Vented Exhaust Fan
FlooringOther, See Remarks, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size1.54 acres

Building Information

Year Built1995
Garage Spaces2

Land Information

APNR-1863-000-124U-1
Lot Number124
SubdivisionCountry Ridge Phase Iv (Cml)
Land UseResidential
Legal DescriptionCOUNTRY RIDGE PHASE IV (CML), LOT 124; UDI 2013 UDI 2013
Census Tract030206
Assessed Land Value$204,581
Assessed Improvement Value$297,930
Assessment Year2025

About this property

Breathtaking custom home on 1.5-acre wooded lot situated in the gated community of Country Ridge, this fully renovated Southern Colonial is a perfect blend of timeless architecture & modern contemporary design. Expertly reimagined by Westbrook Designs, every detail has been thoughtfully curated to create a luxurious retreat. Extensive renovation includes new windows, LED lighting, designer decorative lighting, updated electrical panel & circuits, new upstairs HVAC, designer paint, premium fixtures & hardware, expanded base, crown molding, & countless custom upgrades. Luxury waterproof laminate flooring flows seamlessly throughout the main living areas, complemented by plush carpeting in the bedrooms for added comfort. Open-concept floor plan with amazing views is filled w natural light & designed for effortless entertaining. Stunning quartz fireplace is the focal point of the spacious living room, creating a warm & inviting atmosphere. Chef's kitchen is a showpiece, featuring refinished custom cabinetry, quartz countertops, a breakfast bar, gas cooktop, & premium GE Café SS appliances. Private primary suite is offers a spa-inspired bath showcasing marble countertops, dual custom vanities, a freestanding soaking tub, separate shower, & custom-designed walk-in closet. Sophisticated private office w plantation shutters & designer lighting. Climate-controlled sunroom, an electric fireplace & updated sliding glass doors, while overlooking the spectacular backyard. Game room provides endless possibilities for entertaining. Enjoy the backyard paradise surrounded by mature trees & exceptional privacy. Sparkling pool has been rebuilt w new decking, Stonescapes plaster, a tranquil waterfall, fresh sod & a new irrigation system, creating the ultimate outdoor oasis w plenty of room to entertain & play. Located in the prestigious gated community of Country Ridge, residents enjoy privacy, security & a peaceful setting just minutes from top-rated schools, parks, shopping & dining.

Investor Tools

$0Estimated Mortgage Balance
$557,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,850 /month
Positive
Cash Flow Estimate:
$1,950 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
$925/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,782
$502,511
2025
$204,581
$297,930
$502,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,782
$502,511

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$723,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

40 Trailridge Dr | Property Details | No Agent List