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$450,000

4011 Falcon Dr, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop

Exterior

Exterior FeaturesRain Gutters
Lot Size7,362 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-12036-00I-0070-1
Lot Number7
SubdivisionCreek Crossing
Land UseResidential Single Family
Legal DescriptionCREEK CROSSING PHASE TWO (CML), BLK I, LOT 7
Census Tract030207
Assessed Land Value$110,000
Assessed Improvement Value$335,239
Assessment Year2025

About this property

Nestled in the desirable Creek Crossing neighborhood and in the highly sought after school district of Melissa ISD, this exquisite single-story home seamlessly combines modern elegance and everyday functionality. Boasting scenic green space views of the expansive neighborhood park, this property offers both tranquility and convenience. Upon entering, you're greeted by an inviting open-concept design, highlighted by luxurious wood-look ceramic tile flooring that flows effortlessly throughout the home. The chef-inspired kitchen is a true standout, featuring stunning granite countertops, a generous pantry, and abundant cabinet space, making it perfect for preparing meals or entertaining guests. The adjoining breakfast nook and spacious living area are bathed in natural light, creating a warm and welcoming atmosphere ideal for relaxing or hosting gatherings. The private primary suite is a peaceful sanctuary, offering two large walk-in closets and a beautifully appointed ensuite bathroom with dual vanities and a soaking tub—perfect for unwinding after a long day. Outside, the home extends its charm to a covered patio and a generously sized backyard, providing the ideal space for outdoor dining, lounging, or enjoying the picturesque views of the park. This home combines comfort, style, and convenience, making it the perfect retreat for anyone seeking a beautiful space to call home in Creek Crossing. The home also has solar panels which will remain with home at no extra cost. Don't wait, call your favorite realtor and tell them you want to see this home before it is gone...

Investor Tools

Property Icon
$445,239
Estimated Property Value
$309,294Estimated Mortgage Balance
$137,286Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$727/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$445,239
2025
$110,000
$335,239
$445,239
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$445,239

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Unknown
$309,294
No
First
Feb 6, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,953
$137,286
30%
69%
$1,855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,250/mo
+$1,610/mo
10.4%

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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4011 Falcon Dr | Property Details | No Agent List