
$366,311
NAL Estimated Property Value5801 Private Road 5047, Melissa, TX, 75454
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Multiple offers received. LOCATION LOCATION!! No restrictions in unincorporated Melissa. 1.8 acres on quiet cul-de-sac lot on private drive. Well regarded Melissa ISD. Bring your horses and your toys. This 3 BD, 2 BA, 2 living home offers an open concept floor plan with vaulted ceilings. The kitchen has tons of cabinetry and counter top space. The huge living room is adjacent to a versatile study, game room, formal dining, or even a 4th bedroom. Screened in front porch and a carport large enough to accommodate a motorhome, boat, or as many as 6 cars. New roof May 2023. Quiet and peaceful, yet conveniently located right off Hwy 121 and close to everything. With right offer, seller is willing to leave refrigerator, washer, dryer, and pool table.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Melissa
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