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$319,900

4406 Cherry Cove, Melissa, TX, 75454

$354,339 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,572 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.38 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDisposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet

Exterior

Lot Size8,198 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-10944-00O-0040-1
Lot Number4
SubdivisionNorth Creek Estates Phase 1 (Cml)
Land UseResidential
Legal DescriptionNORTH CREEK ESTATES PHASE 1 (CML), BLK O, LOT 4
Census Tract030207
Assessed Land Value$120,000
Assessed Improvement Value$348,773
Assessment Year2025

About this property

Gorgeous home on cul-de-sac in Melissa! Soaring ceiling in the living room and wide open feel. Kitchen loaded with beautiful black granite ctops high end lighting & SS appliances. Study and master bedroom suite downstairs and gameroom and 2 more bedrooms up. Master bath fully upgraded with custom tile shower and upgraded ctops as well. Huge yard with plenty of room for pool and just about whatever else you wanna do. Walking distance to community pool.

Investor Tools

Property Icon
$468,773
Estimated Property Value
$0Estimated Mortgage Balance
$213,070Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$354,339
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,813 /month
Positive
Cash Flow Estimate:
$938 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$770/month
$141/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,891
$468,773
2025
$120,000
$348,773
$468,773
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,891
$468,773

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rlm Mortgage Llc
Conventional
$286,650
No
First
Oct 30, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,703
$213,070
45%
55%
$1,719/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,860/mo
+$1,100/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.

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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4406 Cherry Cove | Property Details | No Agent List