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$289,000

NAL Estimated Property Value

517 Fisherman Trl, Melissa, TX, 75454

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,426 Sq Ft
price_per_sqft$139.55 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APNR-8668-00F-0160-1
Lot Number16
SubdivisionHunters Ridge Phase 3 (Cml)
Land UseResidential
Legal DescriptionHUNTERS RIDGE PHASE 3 (CML), BLK F, LOT 16
Census Tract030206
Assessed Land Value$90,000
Assessed Improvement Value$197,346
Assessment Year2025

About this property

Incredibly well maintained and updated home. Perfect for first time home buyer or empty nester. Family room has beautiful engineered wood floors, fireplace and is open to the kitchen and breakfast. Double doors in breakfast area lead to the outside large porch. Kitchen has granite and large cabinets. Fence is in excellent shape and roof is only couple of years old replaced in 2017. Great neighbors, outstanding schools.

Investor Tools

Property Icon
$289,000
Estimated Property Value
$136,318Estimated Mortgage Balance
$152,682Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,540
$287,346
2025
$90,000
$197,346
$287,346
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,540
$287,346

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$153,750
No
First
Jul 14, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,318
$152,682
52%
47%
$922/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,072/mo
+$1,888/mo
12.3%

City: Melissa

517 Fisherman Trl | Property Details | No Agent List