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$2,300,570

NAL Estimated Property Value

4509 Melissa Ln, Dallas, TX, 75229

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths5 Bath
Baths3,586 Sq Ft
price_per_sqft$3.35 / sqft
Year BuiltBuilt in 1966

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Warming Drawer
FlooringCarpet, Ceramic Tile, Parquet

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Garden
Lot Size21,875 sqft

Building Information

Year Built1966
Stories1
Roof Type111
Garage Spaces2

Land Information

APN00000581341000000
Lot Number16
SubdivisionNorthaven Manor
Land UseResidential
Legal DescriptionNORTHAVEN MANOR BLK A/6400 LT 16 INT201100248748 DD09162011 CO-DC 6400 00A 01600 1006400 00A
Census Tract013500
Assessed Land Value$1,531,250
Assessed Improvement Value$769,320
Assessment Year2025

About this property

Incredible home to live in for one year! Recently updated stylish ranch with wonderful functional floorplan. Owners suite offers 3 closets and owners suite bath is gorgeously appointed with marble. The secondary two bedrooms offer en suite baths. The fourth bedroom has an adjacent full bath. The Northaven Manor location is also a half acre lot with gorgeous lap pool - majestic trees - great size yard - motorized gate. One of the largest covered patios available too! Don’t miss the oversized laundry room with small working office room and incredible kitchen with Miele, Wolf and Sub Zero appliances. Terms are $12,000 per month unfurnished - $10,000 per month furnished (easier for landlord). Not available for move in until July 17th – must be a one year lease ending July 17th. (Could go to August 1st) Dog is possibly allowed as the only pet (case by case basis) – no other pet types allowed. Agent to meet with prior notice. Also this home is not for sale.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,084/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,510
$2,300,570
2025
$1,531,250
$769,320
$2,300,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,510
$2,300,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$450,000
No
First
May 26, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,338
$1,903,232
82%
17%
$2,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,698/mo
$-126/mo
1.3%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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