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$470,032

NAL Estimated Property Value

4209 Magnolia Road, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,555 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.2 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan, Warming Drawer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,078 sqft

Building Information

Year Built2013
Stories2
Garage Spaces3

Land Information

APNR-10338-00K-0050-1
Lot Number5
SubdivisionNorth Creek Ii Phase 1 (Cml)
Land UseResidential
Legal DescriptionNORTH CREEK II PHASE 1 (CML), BLK K, LOT 5
Census Tract030207
Assessed Land Value$120,000
Assessed Improvement Value$350,032
Assessment Year2025

About this property

Immaculately kept 4 bedroom 3.5 bath Stonehollow built home with 3 car garage in the family friendly neighborhood of North Creek. When you enter your new home you are greeted by warm 2” hardwood floors and a private office secluded from the rest of the home along with formal dining room. Large open kitchen features granite countertops and stainless steel appliances. Downstairs master attached spa-like bathroom. Large game room upstairs is perfect for a friendly game of foosball or pool. 3 guest rooms with large closets and 2 full bathrooms. North Creek boasts 2 pools, 3 family friendly play grounds, putting green, soccer field, basketball court, 2 catch and release fishing and walking trails.

Investor Tools

Property Icon
$470,032
Estimated Property Value
$299,465Estimated Mortgage Balance
$170,567Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
$141/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,822
$470,032
2025
$120,000
$350,032
$470,032
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,822
$470,032

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$319,113
No
First
Jul 23, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,465
$170,567
36%
64%
$2,016/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,157/mo
+$803/mo
7.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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4209 Magnolia Road | Property Details | No Agent List