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$2,250

4012 Mockingbird Ln, Melissa, TX, 75454

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,938 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.16 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size6,708 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-11977-00G-0060-1
Lot Number6
SubdivisionMagnolia Ridge Phase 2 Addition (Cml)
Land UseResidential
Legal DescriptionMAGNOLIA RIDGE PHASE 2 ADDITION (CML), BLK G, LOT 6
Census Tract030207
Assessed Land Value$100,000
Assessed Improvement Value$284,757
Assessment Year2025

About this property

Built just five years ago and move-in ready, 4012 Mockingbird Lane delivers modern construction, smart design, and a prime Melissa location. Located within Melissa ISD and this home is positioned in one of Collin County's most sought-after communities. With easy access to US-75, shopping, dining, and everyday conveniences are just a short drive away. A beautifully designed 4-bedroom, 2.5-bathroom home built in 2021 and offering 1,938 square feet of thoughtfully planned living space in the heart of Melissa. The kitchen shines with granite countertops, a spacious pantry, and stainless appliances including an electric range, oven, dishwasher, and microwave. An open living area adds comfort and convenience throughout. The primary suite features a walk-in closet. View this beautiful home today!

Investor Tools

Property Icon
$425,000
Estimated Property Value
$0Estimated Mortgage Balance
$425,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Lynlee Li

Keller Williams Prosper Celina

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
$390/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,219
$384,757
2025
$100,000
$284,757
$384,757
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,219
$384,757

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$392,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$390/mo
+$3,470/mo
10.9%

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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4012 Mockingbird Ln | Property Details | No Agent List