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$2,200

4104 Mockingbird Ln, Melissa, TX, 75454

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,699 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.29 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,708 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-11977-00G-0150-1
Lot Number15
SubdivisionMagnolia Ridge Phase 2 Addition (Cml)
Land UseResidential
Legal DescriptionMAGNOLIA RIDGE PHASE 2 ADDITION (CML), BLK G, LOT 15
Census Tract030207
Assessed Land Value$100,000
Assessed Improvement Value$264,506
Assessment Year2025

About this property

SUPER CLEAN AND UPGRADED HOME AVAILABLE FOR LEASE SEPTEMBER 1. Lovely one-story home in the heart of Melissa! This super clean home showcases a spacious open floor plan with lots of upgrades including luxury vinyl flooring, upgraded marble counter tops, upgraded lighting and so much more! The primary suite is split for privacy with a luxurious ensuite bath and large walk-in closet. Two additional bedrooms share a full bath with hall access. The backyard showcases a large, covered patio and spacious yard for play and entertaining with privacy! Great location with convenient access to restaurants and shopping. Tenant to verify any and all information provided.

Investor Tools

$253,430Estimated Mortgage Balance
$131,527Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,304 /month
Positive
Cash Flow Estimate:
$768 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,242
$364,506
2025
$100,000
$264,506
$364,506
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,242
$364,506

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hcp Mortgage Llc
Unknown
$277,000
No
First
Dec 9, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,430
$112,570
30%
66%
$1,661/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,661/mo
+$1,299/mo
9.3%

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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4104 Mockingbird Ln | Property Details | No Agent List