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$592,399

NAL Estimated Property Value

4407 Sage Ln, Melissa, TX, 75454

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,587 Sq Ft
price_per_sqft$181.21 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size9,551 sqft

Building Information

Year Built2019
Stories2
Garage Spaces2

Land Information

APNR-11609-00H-0160-1
Lot Number16
SubdivisionNorth Creek Estates Phase 5a (Cml)
Land UseResidential
Legal DescriptionNORTH CREEK ESTATES PHASE 5A (CML), BLK H, LOT 16
Census Tract030207
Assessed Land Value$132,000
Assessed Improvement Value$460,399
Assessment Year2025

About this property

Situated in a resort style, master planned community that offers 2 pools, onsite elementary school, parks, playgrounds, basketball court, soccer field, fishing ponds, hole-in-one putting green, club house & trails. This meticulously maintained EAST facing 2-story home is on premium corner lot. Modern wood-look tile throughout downstairs brightens home & maintenance free. Dedicated office with closet & dining room as you walk in. Vaulted ceilings in great room, gorgeous chef's kitchen immersed with natural light. Spectacular white kitchen has upgraded stainless steel appliances, quartz countertops. Tastefully chosen light fixtures, tile & color selections, remote control motorized roller shades in living room, plantation shutters, huge primary suite on 1st floor are impressive. Upstairs features game room & theater room + 3 secondary bedrooms with 2 full baths. Unfinished storage room in the attic can be your bonus room. 10x10 storage area in garage. Zoned for highly-rated MELISSA ISD.

Investor Tools

Property Icon
$592,399
Estimated Property Value
$397,575Estimated Mortgage Balance
$194,824Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,189/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,312
$592,399
2025
$132,000
$460,399
$592,399
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,312
$592,399

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$420,000
No
First
Jun 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,575
$194,824
32%
67%
$2,519/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,169/mo
+$691/mo
7.8%

City: Melissa

4407 Sage Ln | Property Details | No Agent List