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$440,000

4002 Morning Dove Dr, Melissa, TX, 75454

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,544 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.96 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-12331-00M-0100-1
Lot Number10
SubdivisionCreek Crossing Phase Three (Cml)
Land UseResidential
Legal DescriptionCREEK CROSSING PHASE THREE (CML), BLK M, LOT 10
Census Tract030207
Assessed Land Value$105,000
Assessed Improvement Value$349,731
Assessment Year2025

About this property

Beautiful two-story home on corner homesite. Assumable VA 2.75% Fixed Rate for Qualified Buyers! Stunning curb appeal with stone elevation, front porch, and nice landscaping with stone border. Tile floors adorn the entry, high traffic hallways, & family room. Soaring Ceiling in the entryway. Family room features corner fireplace with gas logs and stone hearth. Gourmet kitchen with white cabinetry, granite counters, gas range, & stainless apps. Primary Bedroom is perfect for king size furniture. Primary bath with dual sinks, separate shower, & garden soaking tub. Tankless hot water heater. Two full baths for secondary bedrooms. Backyard with covered patio is perfect for outdoor living & entertaining. This home is a MUST SEE!

Investor Tools

$355,018Estimated Mortgage Balance
$101,696Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,728 /month
Positive
Cash Flow Estimate:
$909 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$743/month
$218/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$454,731
2025
$105,000
$349,731
$454,731
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$454,731

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Va
$385,869
Yes
First
Feb 28, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,018
$99,713
21%
78%
$2,314/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,532/mo
+$1,328/mo
10.2%

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.

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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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4002 Morning Dove Dr | Property Details | No Agent List