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$293,979

NAL Estimated Property Value

4306 Oak Bluff Rd, Melissa, TX, 75454

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-8596-00D-0200-1
Lot Number20
SubdivisionNorth Creek Phase I (Cml)
Land UseResidential
Legal DescriptionNORTH CREEK PHASE I (CML), BLK D, LOT 20
Census Tract030207
Assessed Land Value$95,000
Assessed Improvement Value$198,979
Assessment Year2025

About this property

The perfect opportunity to make yourself at home in the sought after North Creek subdivision in Melissa ISD! Newly installed wood look LVP flooring and modern fresh paint throughout the home. Enjoy living in your open floor plan with abundant natural light! The breakfast bar & coffee bar are sure to charm. You will appreciate upgrades including the farm sink, lighting fixtures,fans, and plantation shutters! Looking for a backyard fit for enjoying Texas evenings? Grill in the shade and entertain on your stamped patio, while still having a spacious yard to utilize. Generously sized primary bedroom awaits with upgraded lighting, plantation shutters, and an ensuite bathroom. Washer & Dryer included. Amenities include relaxing at the neighborhood pool & shooting hoops at the basketball court. Minutes away from top-rated schools and convenient highways. This is one of a kind!

Investor Tools

Property Icon
$293,979
Estimated Property Value
$146,957Estimated Mortgage Balance
$147,022Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,764 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$627/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,056
$293,979
2025
$95,000
$198,979
$293,979
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,056
$293,979

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$165,750
No
First
Jul 16, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,957
$147,022
50%
50%
$994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$994/mo
+$1,966/mo
12.1%

City: Melissa

4306 Oak Bluff Rd | Property Details | No Agent List