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$389,000

4804 Creekside Road, Melissa, TX, 75454

$505,700 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,175 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$122.52 / sqft
Year BuiltBuilt in 2015

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Tile, Wood

Building Information

Year Built2015
Stories1

Land Information

APNR-1266-000-015A-1
Lot Number16
SubdivisionCreekside (Unrecorded)
Land UseResidential
Legal DescriptionCREEKSIDE (UNRECORDED), LOT 15 & 16 IMP ONLY; SN1: CSS016186TXA, SN2: CSS016186TXB, HUD1: HWC0442499, HUD2: HWC0442500
Census Tract030201
Assessed Improvement Value$219,942
Assessment Year2025

About this property

Three homes are included with this listing, live in one and rent out the other two or rent out all three homes. Main home is 1976 SF, 4 bedrooms,2 living areas and was built in 2015. Approximate rent, $1,900-$2,100, has fenced back yard, large 8x32 front deck, playground and the refrigerator is included. New water heater 2023, new washer and dryer 2024 also included. Tiny house has 399 sf with one bedroom and large loft upstairs, built in 2018, approximate rent is $1,000-$1,200. No property taxes on home because it has less than 400 SF. Full size refrigerator, washer and dryer included, new hot water heater 2023. Rustic Cabin in back of property, 800 SF built in 2018. Approximate rent is $1,400-$1,600. one bedroom, new hot water heater 2023. New washer and dryer 2024 included along with large refrigerator. Beautiful front porch. Maintenance records are available on all 3 homes. This is a very quiet location with no HOA. There is a $180 per year road maintenance fee. Outstanding school system.

Investor Tools

$0Estimated Mortgage Balance
$411,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$505,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

Interested in this property?

George James

George James Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,395
$219,942
2025
N/A
$219,942
$219,942
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,395
$219,942

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$411,000
100%
0%
$0/mo

City: Melissa

4804 Creekside Road | Property Details | No Agent List