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$514,900

$519,900

4015 Cloverleaf Trl, Melissa, TX, 75454

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,919 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.4 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size9,104 sqft

Building Information

Year Built2021
Stories2
Garage Spaces3

Land Information

APNR-12078-00H-0160-1
Lot Number16
SubdivisionMeadow Run Phase 2 (Cml)
Land UseResidential
Legal DescriptionMEADOW RUN PHASE 2 (CML), BLK H, LOT 16
Census Tract030201
Assessed Land Value$143,325
Assessed Improvement Value$396,891
Assessment Year2025

About this property

Nestled at the end of a quiet cul-de-sac, this exceptional 4-bed, 3-bath, 3-car garage home offers the privacy buyers dream of, with no neighbors to the side or rear & a beautiful wooded backdrop. Outstanding curb appeal features a brick façade accented by a cedar shaker arch, decorative corbels, covered front porch, & professionally landscaped flower beds with brick & stone borders. Inside, the open-concept floorplan showcases luxury vinyl plank flooring throughout the living areas & bedrooms, ceramic tile in wet areas, & newly carpeted stairs. The spacious living room centers around a gas-log fireplace with a rough-hewn mantel. The chef's kitchen boasts granite countertops, custom cabinetry, built-in stainless appliances, a gas cooktop, & an oversized island. The primary suite offers a private sitting area, spa-inspired bath with oversized walk-in shower, seating, dual vanity, built-in bench, & huge walk-in closet. A second downstairs bedroom, full bath, and front office provide outstanding flexibility for guests or multi-generational living. Upstairs features a large game room, two additional bedrooms, & a third full bath. Ceiling fans throughout, recessed LED lighting, a covered patio, extended concrete with stylish pavilion for entertaining, lush lawn, & wrought iron fencing create an inviting backyard retreat overlooking peaceful woods. Residents enjoy outstanding neighborhood amenities including a resort-style community pool, playground, parks, scenic walking trails, greenbelts, & stocked fishing ponds that promote an active outdoor lifestyle. Located in highly acclaimed Melissa ISD, known for exceptional academics, athletics, & community pride, with convenient access to US-75, & Hwy 121 for an easy commute to McKinney, Allen, Plano, & major employers including Raytheon, Texas Instruments, & Toyota. Nearby shopping, dining, & entertainment complete the package, making this home the perfect combination of luxury, privacy, convenience, & lifestyle.

Investor Tools

$265,904Estimated Mortgage Balance
$274,722Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,241 /month
Positive
Cash Flow Estimate:
$1,080 /month

Interested in this property?

Tom White

Century 21 Mike Bowman, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,141
$540,216
2025
$143,325
$396,891
$540,216
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,141
$540,216

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$271,500
No
First
Apr 10, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,904
$274,312
50%
49%
$1,628/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,628/mo
+$1,232/mo
8.6%

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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4015 Cloverleaf Trl | Property Details | No Agent List