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$475,000

618 Melody Ln, Eagle Lake, TX, 77434

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,909 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.29 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTerrazzo, Vinyl

Exterior

Lot Size40,001 sqft

Building Information

Year Built1968
Garage Spaces3

Land Information

APN1242000300300
Lot Number3
Land UseResidential
Legal DescriptionBLK 3 LT 3 MEADOWBROOK EAGLE LAKE HOUSE,POOL & BLDGS
Census Tract750100
Assessed Land Value$55,200
Assessed Improvement Value$294,550
Assessment Year2025

About this property

Nestled beneath a canopy of magnificent mature oak trees, this beautifully renovated 1960s ranch-style home offers timeless character with modern updates on nearly one acre of picturesque grounds. With 2,909 square feet of thoughtfully designed living space, this one-story home features four spacious bedrooms, inviting formal living and dining areas, plus flexible spaces perfect for a home office, media room, or playroom. Outside, enjoy your own private oasis with a sparkling swimming pool, meticulously manicured lawn, and plenty of room to entertain or simply relax beneath the shade of the sprawling oak trees. A detached garage with additional storage provides ample space for vehicles, hobbies, and equipment, while the expansive lot offers the privacy and beauty that's becoming increasingly hard to find. Blending classic architecture, modern updates, and an exceptional setting, this one-of-a-kind property is the perfect place to call home.

Investor Tools

$232,197Estimated Mortgage Balance
$117,553Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Nikki Jackson

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,466
$349,750
2025
$55,200
$294,550
$349,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,466
$349,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$249,600
No
First
Oct 22, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,197
$117,553
33%
66%
$1,437/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Eagle Lake

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618 Melody Ln | Property Details | No Agent List