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$447,000

NAL Estimated Property Value

4305 Oak Bluff Rd, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,559 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.53 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Building Information

Year Built2012
Stories2
Garage Spaces2

Land Information

APNR-8596-00E-0090-1
Lot Number9
SubdivisionNorth Creek Phase I (Cml)
Land UseResidential
Legal DescriptionNORTH CREEK PHASE I (CML), BLK E, LOT 9
Census Tract030207
Assessed Land Value$95,000
Assessed Improvement Value$337,909
Assessment Year2025

About this property

BEAUTIFUL MOVE-IN READY HOME! This Stonehollow home features custom updates throughout including designer light fixtures, new quartz counters and kitchen backsplash, new carpet, and more. Incredible floorplan with home office, 4 bedrooms, 3.1 baths, and open floor plan. Spacious kitchen features abundant cabinetry, large island with seating, walk-in pantry, quartz counters, and stainless steel appliances. Relax in the primary suite located on main floor featuring double vanities, soaker tub, and spacious closet. Upstairs you'll find plenty of space with 3 bedrooms, 2 full baths, and a second living area. Enjoy the outdoors under the large extended outdoor covered patio which is perfect for BBQs. Fabulous community amenities features 2 swimming pools, 24 hr fitness center, fishing ponds, trails, and parks. Located in the acclaimed Melissa ISD! You don't want to miss this incredible home!

Investor Tools

Property Icon
$447,000
Estimated Property Value
$269,783Estimated Mortgage Balance
$177,217Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
$163/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,713
$432,909
2025
$95,000
$337,909
$432,909
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,713
$432,909

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$285,000
No
First
Jun 22, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,783
$177,217
39%
60%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,872/mo
+$1,088/mo
7.9%

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.

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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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4305 Oak Bluff Rd | Property Details | No Agent List